10.11.23
The stain remover market is on track for significant growth, with a projected increase of $6.1 billion during the period from 2022 to 2027 with a CAGR rate of 5.4% throughout the forecast period per a new report from ResearchAndMarkets.com.
The growth of the stain remover market is driven by several key factors. First, the market benefits from an increase in the variety of stain removers available, catering to various stain types and fabric care needs. Awareness of laundry hygiene is another growth factor, as growing awareness of the importance of laundry hygiene, especially in the wake of global health concerns, drives the demand for effective stain removers.
Moreover, an increasing focus on innovative packaging options enhances consumer convenience and attracts attention in the market.
The stain remover market is segmented by product as follows: powder; liquid; bar; and others. End-users include residential and commercial. Geography includes North America; APAC (Asia-Pacific); Europe; South America; and Middle East and Africa.
Emerging Market Trends
The advent of eco-friendly laundry care products aligns with the growing demand for sustainable and environmentally conscious stain removers. Different marketing initiatives aimed at attracting customers and boosting product awareness will be instrumental in driving market growth. A promising demand from developing countries underscores the stain remover market's potential for expansion.
Key Companies
Companies operating in the stain remover market include: Agar Cleaning Systems Pty Ltd.; Amtech UK; Amway Corp.; CC Holdings Inc.; Church and Dwight Co. Inc.; Dove Technologies; Future Developments Man Ltd.; Godrej Consumer Products Ltd.; Greenology Products Inc.; Guardsman Industries Ltd.; Henkel AG and Co. KGaA; Kao Corp.; Mega Electronics Ltd.; Quality Chemicals S.L; Reckitt Benckiser Group Plc; S.C. Johnson and Son Inc.; Sarex; The Clorox Co.; The Procter and Gamble Co.; and Unilever PLC.