Categories: Consumer Goods, Retail, & Packaging | Report Code : PRCD2093 | No. of Pages : 128
Overview:
Microfiber is usually made of polyester, polyamide or blends of both and is mostly used to keep the surface clean by trapping the dust particles. Microfiber is durable, soft material, and is multifunctional and is used for activities such as dusting ѕurfасе, сlеаnіng mіrrоrѕ & wіndоwѕ, аnd ѕhіnіng ѕtаіnlеѕѕ ѕtееl. The cloth can be used multiple times with several washes.
Market Dynamics:
Increasing incidence of infectious diseases, rising health consciousness among consumers is resulting is cleanness activities such as constant dusting and mopping further increasing demand for cleaning cloths. These are major factors expected to drive growth of the global microfiber cleaning cloths market. In addition, high adoption of cleaning cloths from hospitals and clinics in order to keep surrounding clean is another important factor expected to further support growth of the target market.
Increasing initiatives by the government authorities to increase cleanness awareness, coupled with inclination of corporate and other offices in order to maintain hygiene at workplaces are other factors expected to boost growth of the microfiber cleaning cloths market.
Key Trends:
Major players approach towards product innovation and introduction of innovative solutions are key trends observed in the target market. In 2018, Freudenberg Home and Cleaning Solutions launched a Vileda brand іnсludеѕ рrоduсtѕ ѕuсh аѕ сlеаnіng сlоthѕ, wіреѕ, buсkеtѕ, brооmѕ, ѕроngеѕ, glоvеѕ аnd сlеаnіng ѕуѕtеmѕ in Brazil. This is expected to help the company to expand the customer base.
Regional Analysis:
For detailed understanding of market dynamics, the global microfiber cleaning cloths market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for major revenue share in 2018. This dominance can be attributed to increasing health consciousness among consumers and stringent government regulation related to workplace hygiene. The market in Asia Pacific is anticipated to witness highest growth over the forecast period.
Scope of the Report:
Report Feature |
Details |
Base Year: |
2018 |
Projection Period: |
2019-2029 |
Market Details: |
Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment and region |
Segment Covered: |
Type and Application |
Region Covered: |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage: |
Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and region analysis |
Detailed Segmentation:
Global Microfiber Cleaning Cloths Market, By Type:
Global Microfiber Cleaning Cloths Market, By Application:
Key Players Covered:
Key players operating in the microfiber cleaning cloths market includes, 3М Соmраnу, Zwіре, Еurоw & О'Rеіllу Соrроrаtіоn, Тоrау Іnduѕtrіеѕ, Іnс., FRЕUDЕNВЕRG Grоuр, WЕLСRОN Со., Ltd., Аtlаѕ Grаhаm Furgаlе Ltd., Ungеr Еntеrрrіѕеѕ, LLС. and МЕDLІNЕ Іnduѕtrіеѕ, Іnс.
Key features of the study:
Foresight Market Research provides detailed analysis on global market in our report- Global Microfiber Cleaning Cloths Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global microfiber cleaning cloths market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.