PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1238852
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1238852
Sponge and scouring pads market size was valued at USD 4,904.7 Million in 2022, expanding at a CAGR of 6.1% from 2023 to 2030.
Sponge and scouring pads are small rectangular-shaped cleansing materials with plastic or metal mesh sheet that are used to clean surfaces through intensive rubbing and washing and are also known as a scourer. In addition, some scouring pads have one side made of mesh and the other consists of a soft sponge-like material. Moreover, sponge and scouring pads are long-lasting, highly absorbent, easy to rinse, and wash after use and elastically grounded. Furthermore, based on such properties end users are extensively using the sponge and scouring pads and they have both commercial and residential applications.
The rising usage of cleaning and homecare products, the increasing number of initiatives by the media, and advertisements regarding the benefits of cleanliness and hygiene are some major factors projected to drive the Sponge and scouring pads market growth. In addition, continuous expansion in the hospitality and food and beverages industries and the increasing health concern have emboldened the uptake of sponge and scouring pads in hotels, restaurants, and food chains. This in turn propels market growth. However, limited product selection depends on various promotions and schemes to maintain a customer base and reach out to the unreachable population further expected to restrain the market growth of sponge and scouring pads during the forecast period.
Implementing multiple green initiatives by regulatory bodies has prompted manufacturers to build decomposable and eco-friendly sponges and scouring pads made from recyclable raw materials including cotton fibers and wood pulp, which further stimulates the market growth. During the COVID-19 restaurants and hotels have been showing the worst hit, as people were not dining out at the time of the pandemic. A lockdown directly hampered the sponge and scoured the market.
The global sponge and scouring pads market is segmented on the basis of product outlook, raw material outlook, application outlook, end-use outlook, and Region.
The market is divided into three categories based on product outlook: light duty, heavy duty, medium duty, and extra heavy duty. The heavy-duty segment is extimated to hold the largest market share. The heavy-duty find utility for maintenance equipment, cleaning pipework, and the railings.
The market is divided into two categories based on raw material outlook: steel and polymer. The polymer segment is expected to expand the market growth. As compared to other counterparts these products are comparatively cheaper. Additionally, polymer scouring pads are built in accordance with the cleaning surface such as ceramic, steel, glass, and wood by considering scratch tolerance.
The market is divided into two categories based on application outlook: slabs & sinks, kitchen utensils, and others. The kitchen utensils segment is expected to dominate the largest market share. Based on the product's advantages to react with dirt and cleaning soaps. Cookware made of iron and steel needs to be heavily scrubbed using a heavy-duty pad to get rid of oil and grease.
The market is divided into two categories based on end-use outlook: household and commercial. The commercial segment is expected to possess the largest market share. Hotels, hospitals, restaurants, and other public buildings needed a lot of cleaning, which is projected to drive the commercial segment growth.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
The growing awareness about the variety of cleaning and homecare products in the marketplace is expected to stimulate industry growth. Moreover, various startups are focusing on the home care sector with unique ideas.
In addition, major brands are focusing on product innovations to enhance their position in the sponge and scouring pads market globally. To increase the sale and gain a maximum customer base most of the manufacturers are manufacturing their scrubbing pads. The market players retain their supremacy by spending on incorporating cutting-edge technology into their goods, research & development, and releasing upgrade items for customers.
This proposed research study on Sponge and Scouring Pads market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Sponge and Scouring Pads market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Sponge and Scouring Pads market
Impact of COVID-19 on Sponge and Scouring Pads market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Sponge and Scouring Pads market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Sponge and Scouring Pads market, we have also included competitive landscape and key innovator analysis for the Sponge and Scouring Pads market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offersdetailed company profiling featuring major market participantswhich will help users to understand their financial information and strategic initiatives of players operating in the Sponge and Scouring Pads market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Sponge and Scouring Pads market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows: