Report: Toilet Care Market Slated for Significant Growth
The global toilet care market by product (liquid toilet cleaners, toilet rim blocks, and others) is expected to grow by USD 1.89 billion, at a compound annual growth rate (CAGR) of 5 percent through 2025, according to a recent report from Technavio.
One of the primary factors driving the global toilet care market's growth is the emergence of eco-friendly and premium products. Consumers are increasingly becoming health conscious and spending more on personal hygiene. Besides, several established players in the hospitality sector are focusing on expanding their business across various regions. Many such factors are expected to create significant opportunities for toilet care manufacturers during the forecast period.
The liquid toilet cleansers sector will gain considerable market share in the toilet care industry. Liquid toilet cleaners are appropriate for all sorts of toilets. They include a thick chemical mix and powerful cleaning ingredients that assist remove difficult stains while also disinfecting toilets by eliminating germs. In most cases, liquid toilet cleaning is poured over the rim and bowl of the toilet, then scraped with a toilet brush. During the forecast period, such factors will boost market demand.
APAC will account for 49 percent of market growth. In APAC, China and Japan are the most important markets for toilet care. The market in this region will increase at a quicker rate than the market in other regions. Over the projection period, the advent of eco-friendly and luxury toilet care products would aid the toilet care market expansion in APAC.
One of the fortune 500 companies had used the detailed research report on the toilet care market and had decided to increase its market share in the APAC region which offers the highest market opportunities during the forecast period.
Access to the complete report is available here.