Global Commercial Cleaning Equipment Market, By Type (Mechanical Equipment, Manual Equipment), Product (Surface Cleaners, Metal Surface Cleaners, Glass Cleaners Fabric Cleaners), Distribution Channel (B2B, Third Party Distribution, Specialty Stores, E-Commerce, Others), Application (Carpets, Floors, Bathrooms, Ceilings, Furniture, Table Frames, Others), End-User (Corporate Offices, Power Station, Schools/University, Embassy, Retail Shops, Hospitals, Hotels, Restaurants and Bars, Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
There has been surge in the cleaning and disinfection practices for personal and community hygiene across various corporate offices, power station, schools/university, embassy, retail shops, hospitals, hotels, restaurants and bars among others. The increased consciousness towards cleaning and hygiene will further lead to huge adoption of the commercial cleaning equipment. Therefore, the market is estimated to grow rapidly over forecasted period.
Global Commercial Cleaning Equipment Market was valued at USD 2,24,3766 million in 2021 and is expected to reach USD 3,496,049 million by 2029, registering a CAGR of 5.7% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
Market Definition
Commercial cleaning equipment are basically the equipment that are used for cleaning in various commercial places such as corporate offices, power station, schools/university, embassy, retail shops, hospitals, hotels, restaurants and bars and others. The commercial cleaning equipment basically includes mechanical equipment ad manual equipment.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Mechanical Equipment, Manual Equipment), Product (Surface Cleaners, Metal Surface Cleaners, Glass Cleaners Fabric Cleaners), Distribution Channel (B2B, Third Party Distribution, Specialty Stores, E-Commerce, Others), Application (Carpets, Floors, Bathrooms, Ceilings, Furniture, Table Frames, Others), End-User (Corporate Offices, Power Station, Schools/University, Embassy, Retail Shops, Hospitals, Hotels, Restaurants and Bars, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Diversey Holdings, Ltd. (U.S.), Evonik Industries AG (Germany), BASF SE (Germany), Stepan Company (U.S.), Dow (U.S.), Ecolab Inc. (US), Clariant AG (Switzerland), Procter & Gamble (U.S.), Solvay (Belgium), Pilot Chemical Corp. (U.S.), DuPont (U.S.), Novozyme (Denmark), Tremco Incorporated (U.S.), National Chemical Laboratory (NCL), Nyco Products Company (U.S.), 3M (U.S.) and Trans Gulf Industries (U.S.)
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Market Opportunities
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Commercial Cleaning Equipment Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Demand of Commercial Cleaning Equipment
There has been surge in number of restaurants, hotels, and hospitals across the globe, which further contribute to the demand for various commercial cleaning equipment to maintain a clean and hygienic environment. This factor is projected to create outstanding demand for the commercial cleaning equipment services during the forecasted period.
The increasing women working class population in the developing countries along with the surging urbanization will further propel the growth rate of commercial cleaning equipment market. Additionally, the changing consumer lifestyle and increasing income level will also drive market value growth over forecasted timeframe. Furthermore, the higher prominence towards the cleanliness and hygiene and renting of commercial cleaning equipment rather than purchasing also boosts the overall market’s growth.
Opportunities
- Awareness and Development
Furthermore, the development of safe cleaning equipment by manufacturers along with the advancement in productivity of robotic cleaners for cleaning the public spaces will further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the rising awareness among business owners regarding cleaning and disinfection practices for personal and community hygiene will further expand the future growth of the commercial cleaning equipment market.
Restraints/Challenges
- Adverse Effects
However, spread of certain allergies while cleaning large sized area at the commercial spaces will create hindrances for the growth of the commercial cleaning equipment market.
- High Costs
The very high price rates of commercial cleaning equipment will prove to be a demerit for the commercial cleaning equipment market. Therefore, this factor is anticipated to challenge the commercial cleaning equipment market growth rate.
This commercial cleaning equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the commercial cleaning equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Commercial Cleaning Equipment Market
The recent outbreak of coronavirus had a huge impact on the commercial cleaning equipment market. The disruptions in the global supply chain are projected to have a negative impact on the market. Manufacturing and business offices, as well as healthcare facilities, are extremely important to the market. The various commercial activities across the globe were hampered by strict lockdowns in the country's major provinces. The emergence of COVID-19 caused a major drop in demand for commercial cleaning equipment in the first quarter of 2020. COVID-19 has had a significant impact on North America and Europe; as a result, an economic downturn is projected in the United States, Canada, Italy, and Spain in the next two to three years. Because China's exports are likely to fall, profit margins for industrial cleaning chemicals dealers are expected to suffer as a result; the price of commercial cleaning equipment is expected to rise during the forecast period. The pandemic had a significant impact on North America and Europe; as a result, an economic downturn is projected in the United States, Canada, Italy, and Spain in the next two to three years. Because China's exports are likely to fall, profit margins for industrial cleaning chemicals dealers are expected to suffer as a result; the price of industrial cleaning chemicals is expected to rise during the forecast period.
Global Commercial Cleaning Equipment Market Scope
The commercial cleaning equipment market is segmented on the basis of type, product, distribution channel, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Mechanical Equipment
- Manual Equipment
Product
- Surface Cleaners
- Metal Surface Cleaners
- Glass Cleaners Fabric Cleaners
Distribution Channel
- B2B
- Third Party Distribution
- Specialty Stores
- E-Commerce
- Others
Application
- Carpets
- Floors
- Bathrooms
- Ceilings
- Furniture
- Table Frames
- Others
End-User
- Corporate Offices
- Power Station
- Schools/University
- Embassy
- Retail Shops
- Hospitals
- Hotels
- Restaurants and Bars
- Others
Commercial Cleaning Equipment Market Regional Analysis/Insights
The commercial cleaning equipment market is analyzed and market size insights and trends are provided by country, type, product, distribution channel, application and end user as referenced above.
The countries covered in the commercial cleaning equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the commercial cleaning equipment market because of the availability of raw material and machinery for production of commercial cleaning equipment in different industries along with the increasing working age groups within the region.
North America on the other hand, is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the increasing working women population in the country. Also, growth in industries and start- ups (corporate offices) within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Commercial Cleaning Equipment Market Share Analysis
The commercial cleaning equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to commercial cleaning equipment market.
Some of the major players operating in the commercial cleaning equipment market are
- Diversey Holdings, Ltd. (U.S.)
- Evonik Industries AG (Germany)
- BASF SE (Germany)
- Stepan Company (U.S.)
- Dow (U.S.)
- Ecolab Inc. (U.S.)
- Clariant AG (Switzerland)
- Procter & Gamble (U.S.)
- Solvay (Belgium)
- Pilot Chemical Corp. (U.S.)
- DuPont (U.S.)
- Novozyme (Denmark)
- Tremco Incorporated (U.S.)
- National Chemical Laboratory (NCL)
- Nyco Products Company (U.S.)
- 3M (U.S.)
- Trans Gulf Industries (U.S.)
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