LONDON--(EON: Enhanced Online News)--Technavio has announced the top five leading vendors in their recent global household cleaning tools and supplies market report until 2021. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
“The global household cleaning tools and supplies market is projected to grow to USD 35.35 billion by 2021, at a CAGR of almost 3% over the forecast period. The premiumization through product innovation to improve performance and ease of use is a key driver for the market”
The research study by Technavio on the global household cleaning tools and supplies market for 2017-2021 provides detailed industry analysis based on products (sourcing pads, scrubbers, and sponges; mops and brooms; cleaning brushes; wipes; gloves; and soap, dispensers, buckets, and dustpans) and geography (the Americas, EMEA, and APAC).
“The global household cleaning tools and supplies market is projected to grow to USD 35.35 billion by 2021, at a CAGR of almost 3% over the forecast period. The premiumization through product innovation to improve performance and ease of use is a key driver for the market,” says Poonam Saini, a lead analyst at Technavio for retail goods and services research.
Competitive vendor landscape
The global household cleaning tools and supplies market is highly fragmented with many major vendors and smaller players. To survive in this competitive environment, vendors need to differentiate their product offerings and provide a clear and unique value proposition. Many players are currently focused on developing new and innovative household cleaning tools that help differentiate themselves in the marketplace. Another trend that vendors follow is engaging in price wars by offering promotional offers or simply cutting down their product prices to sustain their existing position in the market.
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Top five vendors in the global household cleaning tools and supplies market
3M offers safety and graphics, electronics and energy, industrial, and consumer-related products. It operates in the industrial, safety and graphics, healthcare, electronics and energy, and consumer segments.
Bradshaw International engages in the manufacturing and distributing of house cleaning products for residential customers. It offers cleaning products under the Butler, twist, CLOROX, BLACK & DECKER, and DAWN brand names.
Freudenberg offers seals, filters, nonwovens, vibration control technology components, and surface treatment products. The company serves the mobility and transport, energy and resources, manufacturing, healthcare and food, and household and textiles markets.
Greenwood Mop and Broom
Greenwood Mop and Broom offers cleaning products for household as well as industrial customers. They offer mop heads, mops, brushes, push brooms, and brooms. In the household cleaning tools and supplies segment, the company offers mop heads, mops, brushes, push brooms, and brooms.
Libman offers cleaning tools for commercial and residential customers such as mopping products, sweeping products, bathroom products, sponges and scrubbers, and cleaners. In the household cleaning tools and supplies segment, the company offers mopping products, sweeping products, kitchen and surface products, bathroom products, and sponges and scrubbers.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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