Technavio, a tech-focused market research firm, has published a new report on the global sponge and scouring pads market, which is expected to grow at a CAGR of more than 2% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the market into the following key regions: The Americas, APAC, and EMEA.
|
GEOGRAPHICAL REGIONS |
MARKET SHARE 2016 (%) |
|
APAC |
36% |
|
EMEA |
34% |
|
Americas |
30% |
Source: Technavio
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Sponges and scouring pads market in APAC: People in many countries in APAC prefer to clean the utensils personally instead of using automated cleaning equipment, which will drive the market for the sponge and scouring pads.
According to Abhay Sinha, a senior analyst at Technavio, “Growing retail sales and increasing consumption of non-woven-based products in APAC is driving the market for sponges and scouring pads. Besides these, rising restaurant chains in the region, which is estimated to grow at a rapid pace during the forecast period is also fueling market growth.”
These restaurant chains will deploy heavy-duty cleaning materials for cleaning commercial ovens and grills.
Sponges and scouring pads market in EMEA: The sponge and scouring pads will have a substantial demand in the European region as the economy is still inactive, which displays lower buying capacity for automated cleaning equipment such as dishwashers. Besides, the retail business is growing at a slower pace, which would be a major reason for the European countries to incline toward sponges and scouring pads.
Sponges and scouring pads market in the Americas: In the Americas, the demand for the sponges and scouring pads is growing at a relatively slower rate in comparison to APAC and EMEA markets. The slow growth of the region is attributed to the consumer’s preference to use automated cleaning equipment over the manual cleaning. The residential end-users in the Americas mostly adopt automated cleaning equipment, which can be operated through smartphones.
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The top leading vendors operating in the global sponge and scouring pads market are:
- 3M
- Armaly Brands
- Proctor and Gamble
- The Clorox Company
Other prominent vendors in the market include Arix, Corazzi, Fuller Brush, Hezeng Industrial, Libman, PKJ Group Houseware, Quickie, Smartpack Houseware Products, Trimaco, and Zhangjiagang Fengyuan.
A more detailed analysis is available in the Technavio report titled, ‘Global Sponge and Scouring Pads Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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- Textile Manufacturing Market in Bosnia and Herzegovina 2016-2020
- Global Conveyor Ovens Market 2016-2020
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