Cleaning market on the rise

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Cleaning market on the rise

Cleaning market on the rise

Technical Articles
May 01,18

The increasing awareness of the benefits of industrial cleaning among end-users will drive the growth of the industrial cleaning sector.

The increasing awareness of the benefits of industrial cleaning among end-users will drive the growth of the industrial cleaning sector.

Industrial cleaning is the process of cleaning and maintaining offices in an industrial facility. It is demanding in nature since dirt gets tracked in from factory floors. There are the challenges and safety risks of cleaning around heavy machinery, lubricants, paint, fiberglass and metal shavings.

Globally, rising awareness on health and hygiene, safety liability and growing demand from the application industries are the prime growth drivers of industrial cleaning market. Additionally, increased usage of green and bio-based chemicals is proving to be the major opportunity for the growth of this market. However, growing stringency of government and environmental regulations is the key restraint to the growth of industrial cleaning market.

Compared to the consumer market for household care products that can typically fit under a kitchen sink, industrial cleaning products are designed for a much larger scale. Customers buying this equipment are in charge of managing a fleet of custodial staff and ensuring all of this cleaning is handled efficiently and under budget. However, the industrial cleaning market isn’t limited to big companies. Industrial cleaning market is projected to witness a CAGR of 5.24% during the forecast period to reach a total market size of $62.137 billion by 2023, increasing from $45.727 billion in 2017.

Geographically, APAC will witness a significant regional market growth during the forecast period owing to growing end-use industries in the region.

Cleaning chemical market

On the back of rapid urbanisation, growing demand for clean and hygienic environment, rising number of establishments of new commercial spaces and increasing safety standards, the industrial and institutional cleaning chemicals market in India is expected to reach $ 526.53 million by the end of 2026.

Increasing demand for cleaning chemicals in healthcare setups, augmenting expenditure on healthy and nutritional foods on account of rising disposable income of consumers and booming food & beverages sector in different regions of India are propelling the market for industrial and institutional cleaning chemicals.

Laser cleaning Segment

Laser cleaning market is expected to grow from $ 588.8 million in 2018 to $ 723.9 million by 2023, at a CAGR of 4.22% between 2018 and 2023. The preference toward laser cleaning over traditional approach and the increasing demand for laser cleaning in various applications such as conservation and restoration, cleaning process, and industrial usage are propelling the market growth. Laser cleaning provides many advantages such as chemical, thermochemical, thermal, grinding, and blasting over traditional methods and can even improve the production process in general.

Rising Trends

The increasing demand for less toxic substances for industrial cleaning is identified as one of the primary growth factors for the cleaning market. Industrial cleaning results in damaging the environment due to chemical spills that increase the contamination of soil and water. This has resulted in waterborne and airborne diseases, affecting the health of workers. To counter these issues, the vendors will prefer the usage of less toxic substances for industrial cleaning.

The emergence of augmented reality in industrial cleaning is one of the latest trends that will gain traction in the industrial cleaning services market. With the usage of augmented reality, industrial cleaners will offer end-users a better view of facilities by using computer-aided simulation. Moreover, augmented reality also uses Internet of things (IoT), smart sensors, and cloud computing that assist in cleaning remote areas of an industry. The inclusion of augmented warehouse and augmented assembly line also enables the maintenance of cleaning services while also ensuring service quality.

Courtesy: Industry Arc, BusinessWire, MarketsandMarkets and Technavio.