The
global Carpet And Rug Shampoo Market size is expected to
reach USD 64.4 million by 2025, according to a new report by Grand View
Research, Inc. It is anticipated to expand at a CAGR of 3.4% during the
forecast period. Increasing demand for carpets and rugs from developing
countries is anticipated to propel the demand for cleaning shampoos. Increased
spending on home décor is expected to fuel the demand for carpet cleaning
products including shampoos.
Commercial
application was the largest end use segment in 2018 accounting for more than
50% of the overall market share. U.S. was the major consumer of carpets in the
commercial sector. Hospitality and automotive are the major users of carpets
and cleaning services owing to health regulations employed by government
organizations in these industries. Along with adding to the décor, carpets keep
the floors clean and prevent minor accidents like slipping. This is expected to
increase the overall demand for carpets and rugs and promote growth of carpet
cleaning products.
However,
carpet cleaning shampoos leave residues, damaging the fabric and making it
sticky. This is anticipated to hinder the demand for shampoo products during
the projected period. Entry of spot sprays and liquid cleaning solutions is
also expected to restrain market growth to an extent.
In
2018, more than 90% sales in the carpet and rug shampoo market were driven by
the offline distribution channels. Presence of distributors across different
global locations is anticipated to boost the product sales of many brands.
Moreover, manufacturers are focusing on providing eco-friendly and attractive
packaging to drive sales. Product placement in hypermarkets and supermarkets is
a major factor driving sales in these channels. However, many manufacturers are
shifting their sales to online channels as it is less expensive and does not
have any storage and inventory cost associated with it. Additionally, this mode
of distribution allows them to attract customers from untapped markets.
North
America led the market in 2018 and is expected to maintain its dominance
throughout the forecast period. U.S. accounted for more than 60% share of North
America market in 2018 due to increase in commercialization and rising
disposable income of consumers. Additionally, increasing awareness regarding
functional benefits of carpets like high thermal resistance, better aesthetic
look, and hygroscopic nature is expected to drive the demand. This factor is
expected to increase the demand for shampoos and cleaning products in the
forthcoming years.
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a sample copy or view summary of this report@ https://www.grandviewresearch.com/industry-analysis/carpet-rug-shampoo-market
Further key findings from the report suggest:
- In terms of
revenue, residential segment is projected to ascend at a CAGR of
3.6%during the forecast period, due to increase in adoption of rugs and
carpets in living rooms and bedrooms
- Commercial
segment held the largest market share of over 50% during the forecast
period, owing to rapid urbanization and expansion of construction industry
- North
America and Europe are the prominent markets for carpet and rug shampoo.
However, Asia Pacific is expected to witness significant growth owing to
the increasing number of commercial buildings
- The carpet
and rug shampoo market is highly consolidated in nature with presence of a
few players like Rug Doctor, Bio-Kleen, and The Clorox Company
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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