Published Date: 28-Feb-2022
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According to a new report Global Commercial Cleaning Products Market, published by KBV research, The Global Commercial Cleaning Products Market size is expected to reach $38.4 billion by 2027, rising at a market growth of 10.9% CAGR during the forecast period.
The Surface Cleaners market acquired maximum revenue share in the Global Commercial Cleaning Products Market by Product 2020, thereby, achieving a market value of $16.1 billion by 2027. These are the pressure washer attachments directly connecting the wand, helps in spraying the water evenly without leaving any streaks. The surface cleaners are generally used for cleaning parking lots, shop floors, sidewalks and other large areas of the workplace.
The Offline market is generating high revenue in the Global Commercial Cleaning Products Market by Distribution Channel 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $29.9 billion by 2027. This is because of the availability of wide range of products at the convenient location which influence the consumers to purchase from these channels. Also, the organizations’ owners prefer to directly purchase from hypermarkets or the specialty stores due to the lesser prices offered by these stores as compared to the online stores.
The North America market region shows high market share in the Global Commercial Cleaning Products Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13.0 billion by 2027. The Europe market is expected to witness a CAGR of 10.7% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 11.1% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Diversey Holdings Ltd., S. C. Johnson & Son, Inc., Betco Corporation, Medline Industries, Inc., Unilever PLC, Procter and Gamble Company, Ecolab, Inc., 3M Company, The Clorox Company, and Lonza Group AG.
By Distribution Channel
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