Sponge and Scouring Pads Market Sponge and Scouring Pads Market | Page 2

Availability of range of products in market is one of the key trends that is significantly contributing to industry growth, in the past few years. Different types of sponge and scouring pads include multi-use scrub sponges, heavy-duty scrub sponge, microfiber magic sponge and ultra-microfiber miracle sponge. The sponge and scouring pads market is broadly categorized into two major segments based on the application type such as residential sector and non-residential sector. Residential segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of sponge and scouring pads in residential segment is attributed to the rise in number of concerns related to personal health hygiene. The non- residential segment has also witnessed substantial growth owing to the increasing demand from food service sector. The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in manufacturing sector, surge in number of research & development activities in the region and existence of well- established industrial infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the rapid growth in food service sector and rising number of restaurants, hotels and food joints. Asia-Pacific region is estimated to hold major share in the sponge and scouring pads industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising per capita income, improved living standards, growing concerns related to health hygiene among general population, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the sponge and scouring pads market are The 3M Company, Arix BIscience plc, Armaly Brands LLC, Procter & Gamble Corp., The Clorox Company, Vileda, Inc., and Brabantia Co. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/consumer-goods