The global industrial and institutional cleaning chemicals market size was USD 47.25 billion in 2019 and is projected to reach USD 68.16 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The stringent food safety standards implemented by the authorities can have a tremendous impact on the global market, states Fortune Business Insights, in a report, titled “Industrial and Institutional Cleaning Chemicals Market Size, Share & COVID-19 Impact Analysis, By Product Type (General Purpose Cleaners, Floor Care, Warewashing, Disinfectant & Sanitizer, Laundry Care, and Others), By End-User (Commercial, Manufacturing, Institutional & Government) and Regional Forecast, 2025-2032.”
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Segmentation Analysis:
By Product Type: The market is segmented into general-purpose cleaners, floor care, warewashing, disinfectants & sanitizers, laundry care, and others. General-purpose cleaners dominate the market due to their wide use in degreasing, metal cleaning, and sanitation, coupled with their cost-effectiveness and efficiency.
By End-User: Based on end-users, the market is divided into commercial, manufacturing, and institutional & governmental. The commercial segment leads, driven by rising hygiene standards and increased sanitation awareness post-pandemic. The manufacturing segment is set to grow rapidly, supported by the need for equipment cleaning, degreasing, and contamination control in food & beverage facilities.
Market Driver:
Q1: What is driving the growth of the industrial and institutional cleaning chemicals market?
A: Rising consumption of cleaning chemicals for commercial use, growing health & hygiene awareness, and increasing demand from hospitality sectors such as restaurants and hotels are major growth drivers.
Q2: How does disposable income impact the market?
A: Higher disposable income and increased spending on tourism and leisure activities lead to greater demand for cleaning chemicals to maintain high hygiene standards in hospitality and commercial spaces.
Q3: What role do workplace sanitation standards play?
A: Stringent hygiene norms, especially in developed nations, are boosting the adoption of cleaning chemicals across offices, factories, and public facilities.
Regional Analysis:
Q1: Which region dominates the market?
A: North America leads the market, driven by high demand from the hospitality industry and increased usage of disinfection products post-COVID-19.
Q2: What are the growth prospects for Asia Pacific?
A: Asia Pacific is projected to grow rapidly due to strong demand from healthcare, retail, food service, and manufacturing sectors.