PUBLISHER: TechNavio | PRODUCT CODE: 1377706
PUBLISHER: TechNavio | PRODUCT CODE: 1377706
The sponge and scouring pads market is forecasted to grow by USD 1570.44 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the sponge and scouring pads market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of online sales channels, the evolving middle-class population and increasing disposable income, and the increasing number of hotels and restaurants.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.12% |
CAGR | 4.83% |
Incremental Value | $1570.44mn |
Technavio's sponge and scouring pads market is segmented as below:
By End-user
By Distribution Channel
By Geographical Landscape
This study identifies the introduction of sponge and scouring pads made of eco-friendly raw materials as one of the prime reasons driving the sponge and scouring pads market growth during the next few years. Also, a wide portfolio of products for different applications and the availability of customized sponges will lead to sizable demand in the market.
The report on the sponge and scouring pads market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sponge and scouring pads market vendors including 3M Co., Americo Manufacturing Co., Amway Corp., ARIX POLSKA SP.zo.o., Armaly Brands Inc., Bio90 Manufacturing Canada Inc., Bombril SA, Corazzi Fibre Srl, Freudenberg and Co. KG, Henkel AG and Co. KGaA, Jyothy Labs Ltd., Kiwi Scourers Ltd., Newell Brands Inc., Scrub Daddy Inc., Sponge Technology Corp. LLC, The Clorox Co., The Crown Choice, The Libman Co, Weiman Products LLC, and Fuller Brush Co.. Also, the sponge and scouring pads market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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