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Commercial Cleaning Products Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
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Report Overview
The global commercial cleaning products market is estimated to reach USD 8.19 billion by 2027, registering a CAGR of 6.7% during the forecast period (2021-2027). The growing demand for clean and safe environments is driving the growth of the market. Increasing consumer awareness about hygiene and rising health concerns due to the Covid-19 pandemic are expected to propel the growth of the market.
The commercial cleaning products market is mainly driven by the growing awareness of hygiene among customers, especially in the corporate sector. The rising demand for cleaning products with improved hygiene and safety standards has resulted in an increase in the product offerings from various players. Furthermore, the rising demand for sustainable and environment-friendly cleaning products is expected to drive the growth of the market.
The cleaning products market has witnessed an increase in the demand for automated cleaning products. The introduction of automated cleaning robots has enabled the labor-saving and cost-effective cleaning of large areas. The increasing demand for such cleaning robots and other automated products is expected to boost the growth of the market.
The increasing demand for green cleaning products is another major factor supporting the growth of the market. Manufacturers are focusing on providing eco-friendly cleaning products, which are gaining popularity among end-users. The emergence of green cleaning products is anticipated to drive the growth of the market in the coming years.
The increasing demand for cleaning products from the healthcare sector is expected to drive the growth of the market. The rising demand for cleaning and disinfection products from the healthcare sector due to the Covid-19 pandemic is expected to drive the growth of the market. Furthermore, the increasing demand for safety and hygiene from the hospitality sector is also driving the growth of the market.
Product Insights
The cleaning agents segment led the commercial cleaning products market and accounted for a share of around 38.2% in 2020. Growing demand for effective cleaning agents from the industrial sector is driving the demand for commercial cleaning products. According to an article published by CleanLink, in April 2020, the global cleaning agents market is expected to register a CAGR of 8.3% during the forecast period. Furthermore, factors such as rising disposable income, increasing demand for a clean and healthy environment, and growing awareness of hygiene are further driving the growth of the market.
The janitorial supplies segment is anticipated to expand at the fastest CAGR of 7.2% over the forecast period. Growing demand for janitorial supplies, such as mops, brooms, squeegees and window cleaning products, is driven by the rising need for cleaning and maintaining offices, public places, and commercial and educational establishments. Moreover, the increasing demand for eco-friendly cleaning products is another factor driving the growth of the segment. According to an article published by CleanLink, in May 2020, the global green janitorial supplies market is estimated to reach USD 2.6 billion by 2025.
Distribution Channel Insights
The commercial cleaning products market is largely dominated by the supermarkets, hypermarkets, and specialty stores segment. This segment accounted for the largest market share of 37.9% in 2022. The convenience of accessing a wide range of products and services, along with the availability of a wide range of products from multiple brands is driving the growth of this segment. Supermarkets and hypermarkets are majorly preferred for the purchase of commercial cleaning products as they offer a wide range of products at competitive prices.
The online segment is expected to expand at the highest CAGR of 10.8% over the forecast period. The online channel has gained widespread acceptance among consumers due to the convenience of shopping and the availability of a wide range of products at competitive prices. In addition, companies are focusing on launching online stores and websites to increase their presence in the market. For instance, in November 2020, Clorox launched an online store in the U.S. to offer its cleaning and disinfecting products.
Type Insights
The industrial segment accounted for the largest revenue share of 57.3% in the year 2022. This is due to the increasing demand for professional cleaning products in commercial establishments such as restaurants, hotels, offices, and retail stores. Also, the availability of a variety of specialized cleaning products for industrial applications, such as degreasers, all-purpose cleaners, floor cleaners and waxes, have driven the segment growth. Furthermore, the growing demand for green cleaning products such as antimicrobial cleaners, chlorine-free sanitizers and biodegradable detergents have boosted the segment growth.
The institutional segment is anticipated to expand at the highest CAGR of 8.3% over the forecast period. Increasing demand for institutional cleaning products in educational institutions, healthcare facilities, government buildings and religious places has been driving the segment growth. Furthermore, the growing trend of outsourcing cleaning services in institutional sectors has also been boosting the segment growth. For instance, in June 2018, the University of Pennsylvania signed a contract with a cleaning services provider to provide janitorial, housekeeping and other related services.
Regional Insights
Europe is projected to be the largest market for commercial cleaning products and accounted for a revenue share of 33.6% in 2022. The presence of several leading manufacturers in this region, such as Diversey, P&G Professional, Ecolab, and SC Johnson, is the key factor driving the growth of the market. Additionally, stringent government regulations related to infection control in the healthcare sector are expected to drive the market growth. For instance, in April 2021, the European Commission updated the Medical Devices Regulation and In Vitro Diagnostic Regulation to improve the safety of patients.
Asia Pacific is expected to register the fastest growth rate in the coming years on account of increasing urbanization and rising disposable incomes. The presence of a large population base in the region provides ample opportunities to the manufacturers of commercial cleaning products. Moreover, increasing infrastructure activities in the region are expected to fuel the market growth. For instance, in March 2021, the Government of India announced plans to build over 1,000 airports in the country by 2035.
Financial Projections
In this part of the commercial cleaning products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your commercial cleaning products business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for a commercial cleaning products business comes from the sale of cleaning products, tools, and equipment. Here you will find a list with a description of each of these and other possible sources of profit such as bulk sales, specialized services, and franchising.
Projecting Expenses
In this section, all the regular expenses related to keeping the commercial cleaning products business running will be described. The list of operating expenses includes materials and supplies, wages, rent and utilities, insurance policies, advertising, and others.
Key companies & market share insights
Some of the key companies operating in the commercial cleaning products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In June 2022, Diversey launched a range of botanical-based cleaning products for commercial use.
– In August 2022, Ecolab launched a line of plant-based cleaning products for commercial use.
– In October 2022, SC Johnson launched a range of cleaning products for commercial use.
Some of the prominent players in the commercial cleaning products market include:
– Diversey
– Ecolab
– SC Johnson
– 3M
– Clorox
– Procter & Gamble
– Reckitt Benckiser
– Unilever
– Church & Dwight
– Henkel AG & Co. KGaA
Global Commercial Cleaning Products Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global commercial cleaning products market based on product, distribution channel, type, and region:
1. Product Outlook (Revenue, USD Million, 2017 – 2030)
– All-Purpose Cleaners
– Disinfectants
– Floor Care
– Carpet Care
– Soaps & Detergents
– Specialty Cleaners
2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Grocery Stores
– Online
– Others
3. Type Outlook (Revenue, USD Million, 2017 – 2030)
– Industrial
– Commercial
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What are the key players in the commercial cleaning products market?
[A]: Key players in the commercial cleaning products market include 3M, Diversey, Inc., Ecolab Inc., Johnson Diversey, Procter & Gamble, Sealed Air Corporation, and The Clorox Company.
[Q]: What are the major trends in the commercial cleaning products market?
[A]: The major trends in the commercial cleaning products market are the increasing demand for eco-friendly and sustainable products, the rising popularity of home cleaning services, and the growing focus on hygiene and sanitation.
[Q]: What are the factors driving the commercial cleaning products market?
[A]: Factors driving the commercial cleaning products market are the increasing demand for professional cleaning services, the growing awareness among consumers about hygiene and hygiene maintenance, and the increasing demand for bio-based and green cleaning products.
[Q]: What is the potential of product innovation in the commercial cleaning products market?
[A]: Product innovation in the commercial cleaning products market is expected to be driven by technological advancements such as the introduction of smart cleaning robots and the development of new and improved cleaning products.
[Q]: Which region offers the largest potential for sales of commercial cleaning products?
[A]: North America is expected to offer the largest potential for sales of commercial cleaning products, with an absolute dollar opportunity of $11.3 B (USD).
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
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