MarketResearch.biz has recently published a market research report titled, “Global Microfiber Cleaning Cloths Market by Material Type, by End-use, and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Forecast from 2020 to 2029”. The report offers a detailed analysis of the global microfiber cleaning cloths market. It is through systematic and exhaustive research efforts, both primary and secondary, as well as ideal segmentation that the research results have been gleaned over the study period. The report also presents the first five-year cumulative revenue (2020 – 2024), which is projected to be valued at more than US$ 3.5 Billion, and this is expected to increase quite significantly over the latter part of the five-year forecast period.
Microfiber cleaning cloth is a fabric commonly made using polyamide, polyester, or a blend of the two raw materials. Microfiber cleaning cloth has properties such as better water absorbent quality, highly efficient for cleaning purposes as it can trap dirt or dust particles, and is strong, soft, and durable, and helps to reduce the number of cleaning products that one needs for cleaning.
Browse the full “Global Microfiber Cleaning Cloths Market By Material Type, By End-Use, And By Region (North America, Europe, Asia Pacific, Latin America, And Middle East & Africa) – Global Forecast From 2020 To 2029” report at https://marketresearch.biz/report/microfiber-cleaning-cloths-market/
Global Microfiber Cleaning Cloths Market: Dynamics
Increasing air pollution levels and dust due to construction of buildings and infrastructure and other factors is resulting in proper cleaning of residential establishments and commercial as well as industrial premises. This coupled with increasing awareness regarding advantages of microfiber cleaning cloths over the conventional ones are major factor driving growth of the global microfiber cleaning cloths market. In healthcare sector, cleanliness is a must in order to keep patients away from bacteria and dust and aid in their faster recovery. Microfiber cloth is known to remove 98.9% bacteria and 98% of dirt and dust. These are additional major factors projected to drive market growth.
However, increasing concerns regarding disposal of these cloths as they can form as a microplastic waste which is harmful for the environment and aquatic animals is a major factor that could hinder market growth. Additionally, microfiber is non-recyclable and non-biodegradable, which is another factor challenging market growth to some extent.
Global Microfiber Cleaning Cloths Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global microfiber cleaning cloths market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global microfiber cleaning cloths market is expected to register a CAGR of 6.5% over the forecast period.
Global Microfiber Cleaning Cloths Market: Segmental Snapshot
The market report has been segmented on the basis of material type, end-use, and region. The material type segment includes blend (polyester + polyamide) and pure polymer segments. The end-use segment includes household, commercial and industrial [healthcare, HoReCa (hotel/ restaurant/ café), etc.], and car care (personal, auto repair shop, and car wash center). Regions include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Material Type: The blend material segment is projected to account for highest revenue share in the global microfiber cleaning cloths market, and is projected to register highest CAGR of over 2.5% during the 10-year forecast period.
End-use: The commercial and industrial user segment is projected to account for highest share in terms of revenue in the global market, and is projected to register highest CAGR of over 2.3% over the 10-year forecast period
Region: The market in North America is projected to account for highest revenue share in the global microfiber cleaning cloths market, and is projected to register highest CAGR of over 2.8% during the forecast period
Global Microfiber Cleaning Cloths Market: Competitive Analysis
The global microfiber cleaning cloths market research report includes company profiles of major players/ companies such as 3M Company, Zwipe, Eurow & O’Reilly Corporation, Toray Industries, Inc., FREUDENBERG Group, WELCRON Co., Ltd., Norwex, Atlas Graham Furgale Ltd. (AGF), Unger Enterprises, LLC., MEDLINE Industries, Inc. and Ultra Microfibers (Hummingbird Sales).
“Global Microfiber Cleaning Cloths Market Report 2019: Industry Trends, Market Analysis, Opportunities, Key Companies, Market Share & Size, Competitive Analysis, Segmentation, and Forecast 2020 – 2029” report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global microfiber cleaning cloths market for 2019 – 2029.
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