NEW YORK, July 1, 2024 /PRNewswire/ — The global stain remover market size is estimated to grow by USD 7.25 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.01% during the forecast period. growth in the varieties of stain removers available is driving market.
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- Market size and growth: The global stain remover market is estimated to reach USD 7250 million by 2028, growing at a CAGR of 6.01% from 2024.
- Key drivers: The market is driven by the growing demand for eco-friendly stain removers, rising disposable income, increasing urbanization, and changing lifestyle patterns.
- Product types: The market is segmented by product type, including powder, liquid, bar, and others. Powder stain removers dominate the market due to their affordability and effectiveness.
- End-users: The market is segmented by end-user, including residential and commercial. The residential segment is expected to remain the larger segment.
- Key challenges: The market faces challenges related to environmental safety and consumer awareness. Non-biodegradable chemicals and a lack of consumer knowledge about eco-friendly options are some of the main concerns.
Technavio, a leading global technology research and advisory company, expects the stain remover market to continue growing in the coming years. The company’s report provides a comprehensive analysis of the market, including market size, segmentation, growth drivers, and challenges.
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SOURCE Technavio
