Carpet Rug Shampoo Market

Carpet & Rug Shampoo Market Outlook

Carpet & rug cleaning products are used extensively in most of the places commercially and residentially to eliminate dust, stains, odor, and clutter from the carpets. Expanding construction industry globally due to rapid urbanization as well as a rise in land use will significantly influence the demand of carpets and other household products, which will further accelerate the need for carpet & rug shampoo or other cleaning products. Every household cleaner is demanding for optimal combinations of ingredients such as stain removers, natural surfactants, abrasives, fragrance, and brighteners in cleaning products. Carpet & rug shampoo is one of the carpet cleaning products that are used in home and professional carpets, as well as they, are safe for the most type of surfaces, cleans, and all washable fibers. The rugs and carpet market has been gaining traction in some of the significant parts of the world. The carpet & rug market is expected to grow at a substantial CAGR during the forecast period. Over the last few years, the US has been the most attractive destination for global carpet and rugs market followed by Europe. In 2016, around 700 million square meters of carpet was sold in Europe which makes it a second largest market after the US.

Reasons for Covering Carpet & Rug Shampoo Market Title

Growing demand for premium products, expanding carpet industry, the rise in consumer awareness about the benefits associated with the products such as deep cleaning formula minimize allergens in carpet, stain blocker. Carpet & rug shampoo can also be used with steam and extractor machines, helps in removing pet stains, coffee stains, and others are the factors influencing the growth of the carpet & rug shampoo market in the near future. Consumers are focusing on hygiene and cleanliness environment for being healthy, so they are demanding for household cleaning products. Additionally, they are inclining towards chemical-free alternatives as they are getting aware about the harmful effects with the use of such chemical based products is some other factor fueling the growth of the carpet & rug shampoo market during the forecast period. However, chemical-based carpet & rug shampoo leave harsh residues, fumes or artificial fragrance coupled with alternative products available in the market may hamper the carpet & rug shampoo market.

Global Carpet & Rug Shampoo Market: Key Players

Some of the key players operating in the global Carpet & Rug Shampoo market are Bi-O-Kleen Industries, Inc., Evonik Industries AG, Bissell Inc., Techtronic Industries Company Limited, The Clorox Company, Zep, Inc., Procter & Gamble Corporation, and others.

Carpets require high maintenance such as regular vacuuming and deep cleaning as they are prone to allergens, thus, to remove germs from carpets companies are developing novel products such as naturally derived carpet & rug shampoo is one of the leading factor driving the growth of the global carpet & rug shampoo market. Moreover, companies are coming up with the new packaging to position their product in the marketplace, have a competitive edge, attract customer’s attention, and create loyalty in them as well as increase their market share is another factor which is expected to grow the carpet & rug shampoo market during the forecast period.

Opportunities for Global Carpet & Rug Shampoo Market Participants

Consumers are demanding for premium products as they perceive these products to be a higher quality item and increasing consumer emphasis on hygiene environment are the factors which can influence the growth of carpet & rug shampoo market revenue, over the forecast period. Moreover, rise in demand for green carpet cleaning products, growing e-Commerce channel for product distribution globally, and companies are developing reuse and recycled carpets to minimize carpet landfills, and incinerators are the primary factor accelerating the growth of the carpet & rug shampoo market.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the type, application, and distribution channel of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the market, including background and evolution
• Macroeconomic factors affecting the market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the market
• Cost structure of the products and segments covered in the study
• In-depth pricing analysis, by key product segments, regions and by major market participants
• Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
• Analysis of the market structure, including a tier-wise categorization of key market participants
• Competitive landscape of the market, including detailed profiles of the top players in this market

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
• CIS and Russia
• Asia-Pacific (China, India, ASEAN, South Korea)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.