Rising Uptake of Household Polishes for Cleaning and Protecting Surfaces in nume

Posted by Arslan on March 4th, 2019

The global household polishes market is witnessing large headwinds from the advent of substitute products, primarily those not containing aerosols and toxic solvents. According to projections by Fact.MR, the global market is expected to rise at a lackluster CAGR during 2017–2022. Advances in chemistries of solvents and emulsifiers are expected to underpin many exciting product developments for meeting the emerging needs of end-use industries in the household polishes.

The household polishes market is making large strides driven by the rising applications of polishes and scouring powder in the maintenance and cleaning processes of infrastructures and furniture, world over. The extensive use of household polishes for bringing shine and gloss to wooden furniture, apart from being used for protective purposes, has propelled the growth of the market over the years. The household polishes market has also been receiving robust growth momentum from the rising demand in the automobile and automotive industry.

The use of household polishes is also gathering steam in the industry for auto-detailing. The demand for products with latest polishing technology for automotive applications is also boosting the household polishes market. The rising application of these polishes in cleaning and adding gloss to various vehicle parts such as wheels, windshield, and headlights is also reinforcing the household polishes market growth. The rising demand for high performance household polishes in the furniture industry has opened up lucrative avenues for manufacturers and distributors of household polishes. The growing use of these polishes for adding shine to footwear is boosting the household polishes market.

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Over the past few years, the household polishes market has been benefitting from the rising demand in the healthcare industry. The growing application of household polishes in regular cleaning processes to maintain a hygienic environment in healthcare facilities is boosting the market. The use of household polishes has also gained traction for protecting the aging furniture and prolonging the life of infrastructures such as floor and walls.

Household polishes are a wide spectrum of formulations of oil and petroleum-based ingredients used for the purpose of cleaning and protecting furniture, walls, and floor and adds luster to them. These products also form a key part in coating applications in the automobile industry. Household polishes have gained popularity as furniture polishes in various parts of the world, in the residential and healthcare industries. The inclination toward less toxic raw materials for polishes has also influenced the choices of furniture manufacturers in various parts of the world. This has been motivating the overall shift toward the less use of aerosol-based products in the household polishes market.

Key companies vying for sizeable shares in the household polishes market are Reckitt Benckiser Group plc., Kao Corporation, Johnson & Johnson, Henkel AG & Co. KGaA, Godrej Group, Amway Corporation, Parker & Bailey Corporation, and Parker & Bailey Corporation.