Global Enzymatic Cleaner Market Is Estimated To Witness High Growth Owing To Rising Demand for Eco-Friendly Cleaning Solutions & Increasing Awareness Regarding Personal Hygiene
The global enzymatic cleaner market is estimated to be valued at US$ 1.71 billion in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Enzymatic cleaners are bio-based cleaning solutions that use enzymes to break down and remove stains, dirt, and other organic materials. These cleaners are effective and environmentally friendly alternatives to harsh chemical cleaning products. Enzymatic cleaners find applications in various industries, including healthcare, food and beverage, hospitality, and households. They are used to clean surfaces, instruments, fabrics, and equipment, among others.
Market Dynamics:
Driver 1: Rising demand for eco-friendly cleaning solutions
With increasing environmental concerns and a growing emphasis on sustainability, consumers are shifting toward eco-friendly cleaning solutions. Enzymatic cleaners offer a greener alternative to traditional chemical-based cleaners, as they are biodegradable and non-toxic. The demand for enzymatic cleaners is expected to rise as individuals and institutions strive to minimize their carbon footprint.
Driver 2: Increasing awareness regarding personal hygiene
The ongoing COVID-19 pandemic has heightened awareness regarding personal hygiene and cleanliness. Enzymatic cleaners are known for their superior cleaning efficacy, as they break down and remove organic substances effectively. Their ability to eliminate bacteria, viruses, and other pathogens makes them a preferred choice in healthcare settings, households, and public spaces.
SWOT Analysis:
Strength 1: High cleaning efficacy: Enzymatic cleaners offer excellent cleaning efficacy, effectively removing tough stains and odors.
Strength 2: Environmentally friendly: Enzymatic cleaners are biodegradable, non-toxic, and eco-friendly, making them a sustainable cleaning solution.
Weakness 1: Longer cleaning time: Enzymatic cleaners may require more time for effective cleaning compared to chemical-based cleaners.
Weakness 2: Higher cost: Enzymatic cleaners are often priced higher than traditional cleaning products, which may deter cost-conscious consumers.
Opportunity 1: Rapidly growing healthcare industry: The healthcare industry is witnessing significant growth globally, creating opportunities for the adoption of enzymatic cleaners in hospitals, clinics, and other healthcare facilities.
Opportunity 2: Increasing consumer preference for green products: As consumers become more conscious of the environmental impact of their choices, the demand for enzymatic cleaners is expected to grow.
Threat 1: Intense competition from chemical-based cleaners: Enzymatic cleaners face competition from traditional, chemical-based cleaning products that offer similar cleaning efficacy at a lower cost.
Threat 2: Limited awareness in emerging markets: The awareness and adoption of enzymatic cleaners are relatively low in emerging markets, which may hinder market growth in these regions.
Key Takeaways:
1: The global enzymatic cleaner market is expected to witness high growth, exhibiting a CAGR of 6.8% over the forecast period. This growth can be attributed to the increasing demand for eco-friendly cleaning solutions and the rising awareness regarding personal hygiene.
2: Regionally, North America is expected to dominate the enzymatic cleaner market, driven by stringent regulations on chemical-based cleaning products and the growing consumer preference for eco-friendly alternatives. Asia Pacific is projected to be the fastest-growing region, owing to the rapid industrialization and increasing adoption of enzymatic cleaners in the healthcare sector.
3: Key players operating in the global Enzymatic Cleaner Market Growth include Ecolab Inc., Novozymes A/S, Reckitt Benckiser Group PLC, Church & Dwight Co., Inc., The Clorox Company, Kikkoman Corporation, Spartan Chemical Company, Inc., Diversey, Inc., Johnson & Johnson, Danaher Corporation, Henkel AG & Co. KGaA, Procter & Gamble Co., DuPont de Nemours, Inc., Colgate-Palmolive Company, and Biokleen.
The global enzymatic cleaner market is poised for significant growth due to the increasing demand for eco-friendly cleaning solutions and the rising awareness regarding personal hygiene. The market offers immense opportunities for key players to capitalize on the growing consumer preferences for sustainable cleaning products.
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