Global Sponge and Scouring Pads Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Global Sponge and Scouring Pads market: By Type (Reusable and Disposable); By Raw Materials (Steel-based and Polymer-based); By End Users (Residential and Commercial) and Region – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030

Description

Sponge and Scouring Pads Market

Product Overview
Scouring Pads are popularly used for washing dishes or cleaning any other surface, they are usually in the form of material made of a network of wire or thread or soft sponge on one side and scrub made up of plastic mesh on either side making it convenient for the user. Scouring pads are specifically designed to ensure effective and efficient cleaning of the surface.

These are used in both residential and commercial applications and due to their convenience, they are the most preferred scrubbing alternate used in the kitchen.

Market Highlights
Global Sponge and Scouring Pads market is expected to project a notable CAGR in 2030.
Global Sponge and Scouring Pads market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30.

Growing demand for suitable cleaning pads for different objects and surfaces is a key factor fueling the demand for sponge and scouring pads since it exceptionally provides the users with the ability to not leave scratches on the surface or objects while washing. Due to its wide range of applications in different industries for cleaning purposes the global sponge and scouring pads market is anticipated to witness a bolster in growth in the future.

Recent Highlights in Global Sponge and Scouring Pads Market
In July 2020, 3M and Merry Maids a service masters company announced their collaboration in comprehensive research, testing capabilities of the experts in cleaning and development to provide enhanced cleaning in the residential cleaning sector.

Global Sponge and Scouring Pads Market: Segments
Reusable segment to grow with the highest CAGR during 2019-30
Global Sponge and Scouring Pads market is segmented by type into Reusable and Disposable segment. The reusable segment held the largest market share in the year 2018. Reusable segment types come with longer durability and are mostly preferred over disposable pads segment which can be used only once.

Steel-based segment to grow with the highest CAGR during 2019-30
Global Sponge and Scouring Pads market is also segmented by raw materials into Steel-based and Polymer-based. The steel-based segment held the largest market share in the year 2018 and will continue to dominate the market throughout the forecast period. Steel-based pads are a mesh of wire or thread used to cleaning oily and greasy surfaces, stubborn stains, and scrape off rigid food stains and dirt caused due to baking or burning. Polymer-based pads are used for cleaning non-stick utensils or products made up of glass, bone-china, aluminum, etc.

Commercial segment to grow with the highest CAGR during 2019-30
Global Sponge and Scouring Pads market is bifurcated by end-users into Residential and Commercial segments. The commercial segment held the largest market share in the year 2018. The commercial segment includes the end-use of pads in Restaurants, cafes, and various other food outlets. Rise in the number of food outlets has also led to an increase in the demand for scouring pads. The residential segment is also expected to observe growth in the global market.

Market Dynamics
Drivers
Increasing number of Food Outlets
A rise in the number of food outlets such as restaurants, cafes, etc. have been observed in the past years which has led to a shift in the preference of consumers from having meals at home to dine out options in the weekend, also, with a busy lifestyle, people consider having meals outdoor which return increases the demand for sponge and scouring pads for cleaning surfaces and washing dishes.

High demand for homecare products
With the rising urge to maintain a clean and healthy surrounding the demand for home care products, especially cleaning products has increased. Consumer’s buying pattern has observed a change in preference and inclination towards buying sponge and scouring pads.

Restraint
Limited product portfolio
Businesses dealing in sponge ad scouring pads have a limited product portfolio and solely depend upon various schemes and advertisements to maintain a customer base and reach out to the untapped populace.

Global Sponge and Scouring Pads Market: Key Players
3M Co.
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis

Armaly Brands Inc.
Corazzi Fibre Srl
Henkel AG & Co. KGaA
Newell Brands Inc.
Reckitt Benckiser Group Plc
The Clorox Co.
The Libman Co.
The Procter & Gamble Co.
Unilever Group
Other Prominent Players

Global Sponge and Scouring Pads Market: Regions
Global Sponge and Scouring Pads market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Sponge and Scouring Pads markets market in North America held the largest market share in the year 2018. North America will continue to dominate the global sponge and scouring pads market due to mounting outdoor food outlets and the rising importance of cleanliness and hygiene followed by Asia-Pacific region. Modern recipes taking 10-15 hours to cook and bake leave stubborn and rigid stains on the utensils which lead to a rise in demand for scouring pads in the region.

Global Sponge and Scouring Pads market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Sponge and Scouring Pads market report also contains analysis on:
Sponge and Scouring Pads Market Segments:

By Type
Reusable
Disposable

By Raw Materials
Steel-based
Polymer-based

By End-Users
Residential
Commercial

Sponge and Scouring Pads Market Dynamics
Sponge and Scouring Pads Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Additional information

Publisher

Geography Covered

Date Published

,

Pages

Format

Table of Contents

Contents
1. Executive Summary
2. Global Sponge and Scouring Pads Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Sponge and Scouring Pads Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Sponge and Scouring Pads Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Sponge and Scouring Pads Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Reusable, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Disposable, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Raw materials: Market Share (2020-2030F)
12.3.1. Steel-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Polymer-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By End-users: Market Share (2020-2030F)
12.4.1. Residential, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile
12.1. 3M Co.
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. Armaly Brands Inc.
12.3. Corazzi Fibre Srl
12.4. Henkel AG & Co. KGaA
12.5. Newell Brands Inc.
12.6. Reckitt Benckiser Group Plc
12.7. The Clorox Co.
12.8. The Libman Co.
12.9. The Procter & Gamble Co.
12.10. Unilever Group
12.11. Other Prominent Players

13. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.