Cleaning And Hygiene Products Market: Analyzing The Demand For Personal Care Items

 The global market for cleaning and hygiene products was valued at USD 153.58 billion in 2023. This market is projected to experience substantial growth, expanding at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030.

 

Several factors are driving this market growth. The increasing number of single-person households has led to a higher demand for convenient and efficient cleaning solutions. Additionally, rising disposable incomes have enabled consumers to invest in premium cleaning products and services. Furthermore, a growing emphasis on health and hygiene has significantly boosted the demand for household cleaning products. 

 

Gather more insights about the market drivers, restrains and growth of the Cleaning And Hygiene Products Market

 

The cleaning and hygiene products market has also been influenced by ongoing product innovations. Numerous companies are expanding their product ranges, introducing new and improved cleaning solutions. This innovation has significantly reshaped the industry landscape.

 

The COVID-19 pandemic played a pivotal role in accelerating the growth of this market. It heightened global awareness regarding hygienic practices and household cleanliness. This increased awareness led to an unprecedented surge in demand for cleaning products, resulting in widespread shortages. Manufacturers responded by increasing their production capacity, which contributed to a significant boost in global sales within this market segment. 

 

Application Segmentation Insights

 

Laundry was the most popular application for detergents in 2023. This growth is due to the increasing need for clean clothes and the frequent washing required to maintain cleanliness. Detergents are essential for removing stubborn dirt and stains that water alone cannot remove. They work by lifting and breaking down dirt and stains, effectively washing them away from fabrics. Laundry bars remain a popular choice for handwashing garments in many regions due to their efficiency, affordability, and convenient size.

 

Product innovations are expected to continue driving growth in the laundry segment. Meanwhile, the hand/personal care segment is projected to experience significant growth through 2030. Growing consumer awareness of the importance of hand hygiene for overall health and well-being has increased the demand for hand sanitizers as a preventive measure against contagious diseases. This is expected to drive market expansion in the hand/personal care segment.

Order a free sample PDF of the Cleaning And Hygiene Products Market Intelligence Study, published by Grand View Research.

 

Hotel Furniture, Fixtures, and Equipment Market: The Role of Sustainability in Procurement

 

 

The global hotel furniture, fixtures, and equipment (FF&E) market is experiencing a period of robust growth, driven by the expansion of the hospitality sector worldwide. As new hotels continue to emerge in both established and emerging markets, there is a heightened demand for premium FF&E to meet the expectations of modern travelers. The surge in international travel and tourism, coupled with economic recovery in various regions, has prompted hotel chains to expand their presence, leading to significant investments in FF&E. These investments are essential for creating environments that align with the evolving preferences of travelers, whether they are seeking luxury accommodations or budget-friendly options. The furniture, fixtures, and equipment market is benefiting from this wave of new hotel projects, as suppliers position themselves to capitalize on the expanding demand.

 

In addition to new hotel construction, existing hotels are increasingly investing in renovation and refurbishment to maintain their competitiveness and enhance guest experiences. Many hotel operators have adopted cyclical renovation strategies to refresh their properties, ensuring they align with contemporary design trends and technological advancements. This trend is particularly prevalent in mature markets where new hotel development is slower, and operators seek to stay relevant. The growing emphasis on sustainability and energy efficiency is also driving demand for FF&E, as hoteliers replace outdated fixtures and equipment with environmentally friendly alternatives.

 

Gather more insights about the market drivers, restrains and growth of the Hotel Furniture, Fixtures, and Equipment Market

 

Product Segmentation Insights

 

Furniture's Dominance and Hospitality Sector Expansion

 

The furniture market has been a driving force in the interior design industry, accounting for a substantial 58.8% market share in 2023. This dominance is largely fueled by the ongoing expansion of the global hospitality sector. As international travel continues to rebound and grow, hotel operators are investing heavily in both new construction and renovation projects. This surge in hotel development is directly translating into a heightened demand for high-quality furniture that can enhance guest experiences and align with brand standards.

 

Customization and Personalization

 

Beyond the sheer volume of new hotels, the shift towards creating more personalized and differentiated guest experiences is further driving the demand for furniture. Hotels are increasingly focused on creating unique interiors that reflect their brand identity and appeal to specific target demographics. This trend is particularly evident in the boutique and lifestyle segments, where distinctive design is a key competitive advantage. Consequently, the demand for bespoke furniture solutions is on the rise as hotels seek to stand out in a crowded market.

 

Sustainability and Environmental Responsibility

 

The growing emphasis on sustainability and environmentally responsible practices within the hotel industry is another significant factor driving the demand for furniture. Hoteliers are increasingly prioritizing eco-friendly furnishings that contribute to their overall sustainability goals, such as reducing carbon footprints and achieving green certifications. This shift encourages manufacturers to innovate and offer sustainable furniture options, further boosting market demand.

 

Fixtures: A Growing Market

 

In addition to furniture, the demand for fixtures, such as lighting and decorative elements, is also projected to grow at a significant rate. As hotels prioritize enhancing guest experiences, there is a strong push to modernize and elevate the aesthetic appeal of their interiors. Fixtures play a critical role in creating a luxurious and comfortable environment that aligns with the expectations of contemporary travelers.

 

Order a free sample PDF of the Hotel Furniture, Fixtures, and Equipment Market Intelligence Study, published by Grand View Research.

Cosmetics Market Investment And Opportunities For New Brands And Start-Up’s

 

 

The global cosmetics market, valued at a substantial USD 295.95 billion in 2023, is poised to experience significant growth, expanding at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030. This surge is primarily fueled by a rising consumer awareness of personal appearance enhancement. Millennials, in particular, have embraced skincare, color cosmetics, and hair care products as indispensable elements of their daily routines. Moreover, the introduction of natural, non-toxic, and organic cosmetics has further stimulated market expansion.

 

Personal care products (PCPs) are a diverse category of items designed for personal hygiene, grooming, cleaning, and appearance enhancement. This encompasses a wide range of products, including hair and skincare items, UV protection creams, facial cleansers, insect repellents, fragrances, perfumes, soaps, detergents, shampoos, conditioners, and toothpaste.

 

A 2021 article published in the National Center for Biotechnology Information highlights PCPs as essential self-care items for personal hygiene, cleanliness, and grooming. Globally, a significant portion, approximately 30-40%, of dermatological prescriptions involve PCPs. Furthermore, the average individual utilizes at least two PCPs within a 24-hour period, underscoring their widespread use and importance in daily life.

 

Gather more insights about the market drivers, restrains and growth of the Cosmetics Market

 

Product Segmentation Insights

 

The growing awareness and importance of skincare among consumers has led to a significant shift in interest towards skincare products. As a result, skincare cosmetics accounted for a substantial revenue share of 43.3% in the year 2023. The increasing desire to maintain an ideal skincare routine has prompted manufacturers to focus on developing a diverse range of trendy skincare products. Numerous cosmetics companies are also entering the skincare market by launching new products, further contributing to the growing demand.

 

In addition to skincare, hair care cosmetics are also experiencing a surge in popularity. The demand for hair care products is expected to grow at a steady compound annual growth rate (CAGR) of 7.0% throughout the forecast period. Hair care is considered one of the key categories within the cosmetic products market, witnessing a rising demand among consumers. Well-known brands like Sunday Riley, The Inkey List, and Drunk Elephant have successfully blurred the lines between skincare and haircare. These brands leverage their expertise in product development, ingredient formulation, and addressing skin concerns to create specialized hair products that cater to the evolving needs of consumers.

 

Order a free sample PDF of the Cosmetics Market Intelligence Study, published by Grand View Research.

Cleaning And Hygiene Products Market Innovations In Surface Disinfectants

 The global market for cleaning and hygiene products has been on a steady rise. In 2023, it was valued at a substantial $153.58 billion. Projections indicate that this market will continue to grow at a healthy pace of 6.5% per year from 2024 to 2030.

 

Several factors are driving this growth. One significant factor is the increasing number of single-person households. As more people live alone, the demand for cleaning products increases. Additionally, rising disposable incomes enable consumers to spend more on household products, including cleaning supplies. Moreover, a heightened focus on health and hygiene has led to a surge in demand for cleaning products.

 

A notable trend in the market is the growing preference for eco-friendly and sustainable products. Consumers are increasingly seeking cleaning items that are made with natural ingredients and avoid harmful chemicals. This shift is driven by a desire to reduce carbon emissions both during production and usage.

 

Furthermore, the market for premium household products in developed nations like the UK, the US, Canada, and Japan has been a major contributor to the overall market expansion.

 

Gather more insights about the market drivers, restrains and growth of the Cleaning And Hygiene Products Market

 

Product Segmentation Insights

The cleaning and hygiene products market is undergoing a significant transformation, driven by a confluence of factors. Detergents and degreasers continue to dominate the market, capturing a substantial revenue share of 38.90% in 2023. However, the focus within this category is shifting away from traditional whiteness emphasis towards fresh fragrances. This preference aligns with the growing emphasis on natural and pleasant scents in household products. Additionally, concentrates are steadily outperforming powders in both laundry and dishwashing detergents. This trend reflects a broader consumer preference for concentrated products that offer convenience, efficiency, and reduced environmental impact.

 

Environmental consciousness is another key driver shaping the market. Consumers are increasingly seeking sustainable alternatives to conventional cleaning products. This has led to a surge in demand for concentrated formulations that reduce packaging waste and minimize the ecological footprint. The market is witnessing a strong focus on concentration across various aspects, including product packaging, raw materials, and retail sales. This shift underscores the growing importance of sustainability in the cleaning and hygiene industry.

 

Sanitizers, on the other hand, are poised for robust growth in the coming years. The market is projected to experience a significant CAGR from 2024 to 2030. This growth is fueled by the heightened emphasis on health and hygiene among consumers. The COVID-19 pandemic has underscored the importance of anti-infection skincare solutions, leading to a surge in demand for sanitizers. The World Health Organization's (WHO) recommendation for frequent handwashing and the use of hand sanitizers as preventive measures against virus transmission has further accelerated market growth.

 

In summary, the cleaning and hygiene products market is evolving rapidly, driven by a combination of consumer preferences, environmental concerns, and health considerations. Detergents and degreasers remain dominant, but the focus is shifting towards natural fragrances and concentrated formulations. Sanitizers, on the other hand, are experiencing a surge in demand due to the heightened emphasis on hygiene and infection prevention. The market is witnessing a strong focus on sustainability and concentration across various aspects, reflecting the growing awareness and desire for eco-friendly cleaning solutions. 

Order a free sample PDF of the Cleaning And Hygiene Products Market Intelligence Study, published by Grand View Research.