US Cleaning Products Market to Grow at a CAGR of 4.1% During the Forecast Period 2021-2030 AMR

Rising Number of Households in the United States Drives Market Expansion

PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, USA, July 14, 2022 /EINPresswire.com/ — Rising homes in the US are driving market expansion, but the industry is facing significant challenges due to the greater availability of substitutes in the U.S. cleaning products market

According to a new report published by Allied Market Research, titled “U.S. Cleaning Products Market by Type: Opportunity Analysis and Industry Forecast, 2021-2030,” the U.S. cleaning products market was valued at 1,957.9 million in 2020 and is expected to reach $2,898.5. million by 2030, registering a CAGR of 4.1% from 2021 to 2030

Brooms generated the highest revenue in 2020. California accounted for approximately 13% of the US cleaning products market in 2020 and is expected to show notable growth in the coming years. Economic recovery, rising disposable income and increasing number of dual-income households have enhanced the adoption of new and innovative brooms and mops in the US cleaning products market, fueling the growth of the US cleaning products market of cleaning. In addition, the growth of the commercial sector and investments in real estate are expected to stimulate demand for these products. However, the strong competition, mainly in highly populated states such as California and Texas, is one of the major factors restraining the growth of the US cleaning products industry.

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Based on product type, the US cleaning products market is categorized into brooms, mops, brushes, and others. Big box retailers accounted for the largest market share of approx. 32% in 2020. However, the segment of others (online merchants) is expected to register the highest growth rate of 6.6% CAGR.

E-commerce platforms are booming all over the world and the United States is one of the main countries supporting online retail. Consumers in the country also prefer online shopping due to ease of access and home delivery facilities.

The US cleaning products market is classified into several states in the country such as Washington, Oregon, Massachusetts, Colorado, California, Florida, Texas, and the rest of the United States. By state, California accounted for the majority of the market share in 2020, and is expected to maintain its dominance due to the growing number of households and rising GDP in the market. However, Oregon is expected to show the highest growth rate, due to the increase in personal disposable income. create growth opportunities for competitors.

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Technological advancements are becoming one of the major needs of manufacturers in different industries. This is due to the increasing inclination of consumers towards innovative and electronic durable goods that are replacing conventional products in the market. These factors coupled with growing innovations in the market are shaping the US cleaning products market trends among consumers. One of the markets expected to be hampered by electronic mops, vacuum cleaners and others is the manual cleaners market.

Main results of the study

By product type segment, brooms segment accounted for the highest US cleaning products market share in 2020, growing at a CAGR of 4.2% and brushes were the growing type the fastest with a CAGR of 4.6% between the years 2021 and 2030.
By distribution channel, the big-box retailer segment accounted for approximately 30% of the market share in 2020. However, the others category is expected to grow at a higher CAGR of 6.6% during the forecast period of the US cleaning products market, due to the rapid growth of online retailers expanding into the market
By state, California accounted for approximately 12.4% of the overall US cleaning products market size in terms of share and is expected to grow at a CAGR of 2.9% during the forecast period.
Online sales channels are expected to grow in importance in the coming years.

Some of the key players profiled in the US cleaning products market analysis include Procter & Gamble, Gordon Brush Mfg. Co., Inc., The Libman Company, Weiler Corporation, Carolina Mop Manufacturing Co, Perfex Corporation, American Textile & Supply, Inc., Malish Corporation, Brush Research Manufacturing Co Inc., and Carlisle Sanitary Maintenance Products Inc.

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David Correa
Allied Analytics LLP
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