The Latin America, Middle East and Africa Commercial Cleaning Products Market would witness market growth of 12.4% CAGR during the forecast period (2021-2027).
Increasing investments in the construction of hotels, malls, hospitals, buildings, retail stores, and other commercial establishments in various countries is also rising demand for washing & cleaning products. Also, a wide range of surface tops is being introduced in the past few years such as solid surfaces, concrete, engineered stones, laminates, wood, glass, and ceramic tiles. These different kinds of surfaces need different cleaning solutions.
Moreover, the cleaning products which act as sanitizers & disinfectors would get immense popularity because of the spread of various kinds of flues and infections across the LAMAE. Dirt, garbage & other materials tend to collect at the workplace which may risk the health of workers and other visitors to the workplace. In order to eliminate the risk of harmful contamination & irritants in the business organization, it is essential to use appropriate cleaning products.
Due to increased investment by key competitors in the region and growing awareness about maintaining home hygiene, Brazil is expected to have the fastest growth in the commercial cleaning product market in Latin America. Also, the rising tourism activities in the region increase the demand for cleaner and more hygienic environment which attracts tourists and thus supports the growth of the commercial cleaning product market.
The Brazil market dominated the LAMEA Commercial Cleaning Products Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $816.1 million by 2027. The Argentina market would exhibit a CAGR of 13% during (2021 - 2027). Additionally, The UAE market is poised to grow a CAGR of 12.1% during (2021 - 2027).
Based on Product, the market is segmented into Surface Cleaners, Fabric Cleaners, Metal Surface Cleaners, Glass Cleaners, and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Commercial Cleaning Products Market is Predict to reach $38.4 Billion by 2027, at a CAGR of 10.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Diversey Holdings Ltd., S. C. Johnson & Son, Inc., Betco Corporation, Medline Industries, Inc., Unilever PLC, Procter and Gamble Company, Ecolab, Inc., 3M Company, The Clorox Company, and Lonza Group AG.
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