The Europe Sponge & Scouring Pads Market would witness market growth of 2.5% CAGR during the forecast period (2022-2028).
A number of start-ups are focusing their innovative solutions on the home care market. On the other hand, major players are expected to concentrate on product innovation to strengthen their position in the sponge and scouring pads market. This is affecting the market to move in a better direction. The shift from rough plastic sponges to microfiber sponges is evidence for the promising growth that this market assures.
Consumer behavior changes will be the driving force behind market innovations. For instance, the rising sales of powerful kitchen appliances like dishwashers, microwaves, and chimneys would unavoidably increase demand for complementary cleaning products. Manufacturers are obliged to conduct research on how to make their sponges and scouring pads more sustainable, despite the limited potential for differentiation. Additionally, they will be able to provide customers with the most prominent solutions by experimenting with different materials.
The cleaning service industries are the steps to grow through in this region. Cleaning contractors from 20 nations of European Union generated a revenue bigger than the overall growth rate of EU, according to the most recent report by the European Federation of Cleaning Industries, EFCI (data 2012). The top 5 national markets for cleaning contractors are Germany, France, Italy, Spain, and the United Kingdom. Three of the five largest European markets—the UK, Italy, and Spain—had declines, whereas Germany and France saw significant gains. The markets in Belgium, Austria, and Sweden continue to be quite active.
The Germany market dominated the Europe Sponge & Scouring Pads Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $387.5 million by 2028.The UK market is anticipated to grow a CAGR of 1.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 3.3% during (2022 - 2028).
Based on Product, the market is segmented into Heavy Duty, Medium Duty, Light Duty and Extra Heavy Duty. Based on Raw Material, the market is segmented into Steel and Polymer. Based on End-Use, the market is segmented into Commercial and Residential. Based on Application, the market is segmented into Kitchen Utensils, Slabs & Sinks and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Sponge & Scouring Pads Market will Hit $6.1 Billion by 2028, at a CAGR of 2.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Unilever PLC, Amway Corporation, Weiman Products, LLC (The Carlyle Group), Scrub Daddy Inc., The Crown Choice, O-Cedar (Freudenberg Group), Bio90 Manufacturing Canada Inc., and Kiwi Scourers Ltd.
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