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HOUSEHOLD WIPES MARKET ANALYSIS

Household Wipes Market, By Material Type (Antibacterial and Non-Antibacterial), By Product Type (Disinfecting Wipes, Dusting Wipes, Kitchen & Bathroom Wipes, Wood & laminate Wipes, Glass cleaner Wipes, Stainless Steel Wipes, and Others), By Distribution Channel (Hypermarket/Supermarket, Departmental Stores, Online Stores, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Jul 2024
  • Code : CMI2344
  • Pages :166
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Household Wipes Market Size and Trends

The household wipes market is estimated to be valued at USD 4.82 Bn in 2024 and is expected to reach USD 7.34 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

Household Wipes Market key Factors

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Factors such as increasing health and hygiene awareness among consumers, growth in disposable income, and rise in health expenditure will drive the demand for household wipes. Growing consciousness about health, hygiene, and well-being has increased the demand for surface disinfecting wipes. Furthermore, rapid urbanization and changing lifestyles have made cleaning and disinfecting easier through packaged and handy wipes. Significant gains are expected to come from emerging markets given their huge population base and growing adoption of hygienic practices. However, strict environmental regulations regarding raw material extraction and production process may hamper market growth to some extent over the forecast period.

Drivers of the Market:

Growing popularity of cleaning on the go

In today's busy lifestyle where everyone is constantly on the move, the demand for convenient cleaning options has increased significantly. People want solutions that allow them to quickly clean surfaces without spending too much time on it. Household wipes have emerged as one of the most practical options to fulfill this need. These wipes can be easily stored in bags or purses and used to wipe down tables, countertops, electronic devices, and other high touch surfaces even when away from home. Many opt to carry wipes instead of traditional cleaning liquids as they are spill-proof and quicker to use. The convenience and ease of just having to pull out a wipe and clean surfaces has made them extremely popular among urban populations. Marketers have also launched various types of wipes targeted at different surfaces like leather wipes for bags and shoes, glass wipes for cleaning spectacles, laptops, etc. to further increase penetration. As lifestyles continue to get busier, the demand for hassle-free on-the-go cleaning solutions like household wipes is expected to steadily rise.

Household Wipes Market Concentration By players

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Emergence of natural and eco-friendly variants

In recent years, there is a growing emphasis on using natural and eco-friendly products. Changing consumer attitudes towards sustainability and health concerns have compelled wipe brands to introduce natural variants. Many households now prefer wiping surfaces with products containing plant-based formulas that are free from harsh chemicals. This trend is fueled by increasing awareness about toxic chemicals in conventional cleaning items and their ill-effects. To tap into this demand, companies have launched natural wipes made with plant-derived ingredients that are safe for surfaces as well as skin. These natural wipes are often marketed as being cruelty-free and safe for pets and children too. Additionally, sustainable packaging using compostable materials is another aspect that brands are focusing on. This emphasis on natural ingredients, non-toxic formulations and eco-conscious packaging bodes well for the future prospects of natural household wipes. As environmental and wellness considerations gain widespread prominence, natural and safe wiping solutions are likely to experience heightened demand.

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