US Cleaning Product Market to Reach Almost $3B by 2030
December 14, 2021
The U.S. cleaning product market, which generated US$1.95 billion in 2020, is expected to reach $2.89 billion by 2030, representing a compound annual growth rate (CAGR) of 4.1% from 2021 to 2030, according to a report from Allied Market Research.
Cleaning product market growth was fueled by an increase in the number of U.S. households along with increased demand for these products during the COVID-19 pandemic. The pandemic affected the cleaning product market both positively and negatively. Many American households bought more cleaning products as they were more conscious about cleanliness. However, some industries and offices purchased less cleaning products due to lockdown and complete or partial closure. In addition, a shortage of raw materials and a disrupted supply chain affected the demand-supply balance in the market.
The report segments the U.S. cleaning products market by product type, distribution channel, and states:
- Based on product type, the brooms segment contributed to the highest market share in 2020 (more than two-fifths of the total market share) and is anticipated to dominate the market during the forecast period. The brushes segment is expected to manifest the fastest CAGR of 4.6% from 2021-2030.
- Based on distribution channel, the big box retailers segment contributed to the highest market share in 2020 (more than one-fourth of the total market share) and is anticipated to lead during the forecast period. The dollar stores segment is expected to manifest the fastest CAGR of 4.5% from 2021-2030.
- Based on the state, California contributed to the highest share in 2020, (more than one-tenth of the total share) and is expected to lead during the forecast period. The U.S. cleaning products market across Oregon is anticipated to exhibit the fastest CAGR of 8.5% during the forecast period.
Latest Articles
Sponsored Articles
