Janitorial Cleaning Equipment and Supplies Market: Introduction
- Janitorial cleaning equipment and supplies include all equipment and supplies that a janitor requires to clean a particular area. These include brooms, vacuums, mops, buckets, gloves, and wipes. The commercial cleaning industry has been expanding significantly for the last two years. Rise in the number of buildings worldwide is consistently fueling the need for hygiene, which in turn is projected to drive the global janitorial cleaning equipment and supplies market in the near future.
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Key Drivers and Opportunities of Global Janitorial Cleaning Equipment and Supplies Market
- Economic growth is leading to development of infrastructure and a rise in building activity, which is likely to drive the global janitorial cleaning equipment and supplies market. An increase in number of buildings and the need to keep office spaces clean is anticipated to drive the demand for janitorial cleaning equipment and supplies. Additionally, rise in construction of residential properties globally due to various macro level factors, such as rapid urbanization, government subsidies, interest rates, etc., is projected to fuel the janitorial cleaning equipment and supplies market during the forecast period.
- Availability of low cost manual workforce in several developing countries is likely to hinder the overall janitorial cleaning equipment and supplies market. This can be attributed to the presence of substitutes for janitorial cleaning equipment and supplies. This restraints the global janitorial cleaning equipment and supplies market.
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Europe to Hold Major Share of Global Janitorial Cleaning Equipment and Supplies Market
- In terms of region, the Janitorial Cleaning Equipment and Supplies market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Asia Pacific is expected to be a prominent region of the global janitorial cleaning equipment market due to a rise in commercial and industrial activities, rise in population, and an increase in disposable income. Furthermore, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period.
Key Players Operating in Global Janitorial Cleaning Equipment and Supplies Market
- Alfred Kärcher SE & Co. KG
- The 3M Company
- Techtronic Industries Company Limited
- The Tennant Company
- Eureka S.p.A. Unipersonale
- Hako GmbH
- Intelligent Cleaning Equipment (HK) Co. Ltd.
- Newell Brands
- Minuteman International
- COMAC S.p.A.
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