Global Industrial and Institutional Cleaning Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial and Institutional Cleaning Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Industrial and institutional cleaning products are defined as those cleaners intended for routine cleaning of offices, institutions, warehouses, and industrial facilities, which generally refers to the removal of visible dirt, soil and grease from a surface. They are available in various forms such as sanitation & janitorial cleaners, industrial/technical cleaners, kitchen & catering cleaning agents, food & dairy processing cleaners, laundry agents and more. As their role is to facilitate safety, they are ubiquitous and used in all industrial and institutional organizations. The end-use segments are industrial, food & lodging, building service contractors, food & drinks, processing units, retail outlets, healthcare facilities and more. The industrial and institutional cleaning products market is a highly diversified and growing market thanks to recurring nature of the products and services and increasing governmental and regulatory requirements for hygiene and cleanliness.

Market Overview:

The latest research study on the global Industrial and Institutional Cleaning Products market finds that the global Industrial and Institutional Cleaning Products market reached a value of USD 30389.03 million in 2022. It’s expected that the market will achieve USD 39325.13 million by 2028, exhibiting a CAGR of 4.39% during the forecast period.

Influence of COVID-19 Outbreak on Industrial and Institutional Cleaning Products Industry Development

The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some Industrial and institutional cleaning products enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.
The epidemic will have a short-term impact on Industrial and institutional cleaning products industry, but it is relatively limited. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in Industrial and institutional cleaning products industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.

Drivers

With the economic growth, scientific and technological progress, and the development of modern enterprises in APAC, there is a growing demand for industrial and institutional cleaning products. Asia-pacific countries such as China and India have emerged as bright spots for global growth and an emerging market for the industrial and institutional cleaning products industry. Asia Pacific is set to exhibit the highest CAGR in the coming years owing to the up-surging demand for cleaning products in countries, namely, China, Japan, and Singapore. Additionally, the number of small and medium enterprises (SMEs) is increasing day by day in these countries. It is, in turn, causing a high demand for industrial and institutional cleaning products.
Asia Pacific is estimated to be the fastest-growing region, over the forecast period This is attributable to growing product consumption from laundry, food and beverage, and manufacturing sector in China and Japan. Increasing adoption of hygiene standards in the region is further expected to drive the market for industrial and institutional cleaning chemicals in the region over the forecast period. In 2019, laundry care products emerged prominently in Asia Pacific. This is attributable to extensive use of commercial laundry facilities and large textile industry in China. Such factors are projected to drive laundry care products in institutional and industrial sectors over the forecast period.
In addition, high growth in the manufacturing sector of China along with growing foreign direct investment in India is projected to drive industrial and institutional cleaning products in the Asia Pacific. Major manufacturing sectors include food and beverage processing, metal manufacturing and fabrication, and cleaning of the electronic component. Cleaning of food processing plant in line with improving food safety is projected to drive the product demand over the forecast period.
Furthermore, growing personal incomes in developing countries such as China and India will allow for higher rates of restaurant patronage, supporting demand for ware washing, disinfectant, and floor care I&I cleaning chemicals. Gains in personal spending will also allow for greater utilization of healthcare that was once unaffordable, driving growth in industrial and institutional cleaning products.
In a word, the APAC region is expected to witness the highest growth rate during the forecast period as the existence of large population, developing technology, and affluence will drive the growth of industrial and institutional cleaning products in this region.

Limitations

The market for industrial and institutional cleaning products is highly competitive with the presence of a large number of manufacturers. High competition concerning the final prices of the product and shifting focus of manufacturers on increased utilization of products indicates highly competitive rivalry. Major companies have established brands that have a prominent presence in the market for industrial and institutional cleaning chemicals. In addition to the global distribution network, which exists for these key players are anticipated to have a prominent share in the market for industrial and institutional cleaning chemicals
With major manufacturers and suppliers in the industrial and institutional cleaning products industry competing at globally, the intensity of competition within the industrial and institutional cleaning products industry has increased. The vendors adopt strategies like price premiums to stay competitive in the market. Meanwhile, the local vendors in developing nations are providing tough competition to the global players based on product pricing. The fierce competition is not conducive to the sustainable development of the industry. At the same time, small companies or small retailers enter the business consequently as venturing into a industrial and institutional cleaning products business does not require immense capital or investment. However, this leads to the proliferation of sub-standard or duplicate products which then hampers the competitive scenario in the market as established industrial and institutional cleaning products manufacturers are compelled to lower the price of their products, which ultimately impacts their profit margins and sales volumes. The fierce competition is not conducive to the sustainable development of the industry

Region Overview:

United States had the highest growth rate of all regions.

Company Overview

Ecolab is one of the major players operating in the Industrial and Institutional Cleaning Products market, holding a share of 8.75% in 2020.

Ecolab Inc. is a global provider of water, hygiene, and infection prevention solutions for customers in food, healthcare, hospitality, industrial and oil and gas markets. The Company's services include food safety, sanitation, optimization of water and energy use, improvement of operational efficiency and sustainability.

Diversey, Inc. is a provider of cleaning and hygiene products in the hospitality, healthcare, food and beverage, food service, retail and facility management sectors. It is also involved with chemicals, floor care machines, tools and equipment, technology-based value-added services, food safety services and water and energy management. Diversey's differentiated products, deep industry experience, unrivalled employee engagement, and evolving digital capabilities put it in a unique position to provide customers with unparalleled solutions to improve hygiene, sustainability and operating efficiency of their businesses.

Segmentation Overview:

As for product types, the Sanitation & Janitorial Cleaners segment held the largest market share in 2021.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Industrial and Institutional Cleaning Products market covered in Chapter 3:

Bebbington Industries
Bio Productions
Avmor
Ecolab
Charlotte Products Ltd.
Arrow-Magnolia International, Inc.
Arrow Solutions
Fuller Brush Company
Diversey
3M Company
DuBois Chemicals
Buckeye International, Inc.
ALMADION International LLC
Betco
DR. SCHNELL Chemie GmbH
Church & Dwight Co., Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial and Institutional Cleaning Products market from 2018 to 2029 is primarily split into:

Sanitation & Janitorial Cleaners
Industrial/Technical Cleaners
Kitchen & Catering Cleaning Agents
Food & Dairy Processing Cleaners
Laundry Agents
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial and Institutional Cleaning Products market from 2018 to 2029 covers:

Industrial
Food & Lodging
Building Service Contractors
Food & Drinks Processing Units
Retail Outlets
Healthcare Facilities
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)