Press Release

India Cleaning Chemicals Market Poised to Grow at Around 21% through 2020

 Rising urban population coupled with increasing demand from commercial as well as industrial sectors to propel India cleaning chemicals market through 2020

According to TechSci Research report, India Cleaning Chemicals Market By Product Type, By End Use Sector, By Sale Channel, By Region, Competition Forecast and Opportunities, 2012-2026’’, cleaning chemicals market in India is forecast to exhibit a CAGR of over 15% during 2017-2026. Robust growth in institutional sector, rising cleanliness standards, increasing number of residential dwellings coupled with expanding food & retail market is expected to boost demand for cleaning chemicals in India through the forecast period. Rising demand for cleaning chemicals can be attributed to growing applications of cleaning products in various end use sectors and increasing number of clinical outbreaks in the country. India cleaning chemicals market was dominated by laundry care chemicals over the past few years, and this trend is anticipated to continue in the coming years as well. Moreover, laundry care chemical is projected to exhibit a CAGR of over 15% during 2017-2026 in India cleaning chemicals market, on account of expanding hotel & lodging industry in the country. Furthermore, on account of growing tourism sector in the country, Government of India has planned to construct around 90,000 new hotels across the country by 2020, which is also expected to positively influence the country’s cleaning chemicals market in the coming years.

Browse 11 market data Tables and 53 Figures spread through 120 Pages and an in-depth TOC on

"India Cleaning Chemicals Market, 2012-2026"

https://www.techsciresearch.com/report/india-cleaning-chemicals-market-by-product-type-laundry-floor-cleaners-etc-by-end-use-sector-residential-institutional-and-industrial-by-sale-channel-indirect-vs-direct-by-region-competition-forecast-and-opportunities/1086.html

Increasing disposable income, growing hectic lifestyles and launch of new and innovative cleaning chemicals consumers are the major factors anticipated to drive demand for cleaning chemicals in India in the coming years. Healthcare sector is among the leading consumers of cleaning chemicals in the country. Moreover, India healthcare market is forecast to grow from $ 160 billion in 2016 to $ 280 billion by 2020, which is anticipated to propel India cleaning chemicals market through 2026. Furthermore, campaigns launched by leading market players such as Banega Swachh India Campaign and Domex cleaning academy are raising consumer awareness, which is underpinning growth in India cleaning chemicals market. Hindustan Unilever Limited, Reckitt Benkiser India, Proctor & Gamble, Diversey India Private Limited and Schevaran Laboratories Pvt. Ltd., are few of the leading players operating in India cleaning chemicals market.

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“India cleaning chemicals market was dominated by residential sector over the past few years, owing to increasing rate of construction of residential setups and rapid urbanization across the country. Moreover, bundling of technology with cleaning chemicals, growing focus towards improving hygiene standards in Indian railways and rising demand for nanotechnology based laundry care chemicals is expected to further boost demand for cleaning chemicals in India through 2026.”, said Mr. Karan Chechi, Research Director with Tech Sci Research, a research based global management consulting firm.

“India Cleaning Chemicals Market By Product Type, By End Use Sector, By Region, By State, By Sale Channel, Competition Forecast and Opportunities, 2012-2026” has evaluated the future growth potential of India cleaning chemicals market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in cleaning chemicals market in India.

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