According to the latest research by Future Market Insights, the microfiber cleaning fabric market is set to witness a steady increment at a CAGR of ~4.5% during the forecast period.
Microfiber is an artificial material that is made up of a blend that is finer than thread whose diameter is in micrometre. These microfibers are used for the manufacturing of cleaning cloths. The growing awareness regarding the hygiene and cleaning and benefits of microfiber is fuelling the market growth.
Microfiber Cleaning Cloth Market Forecast and CAGR
According to the latest research by Future Market Insights, the microfiber cleaning fabric market is set to witness a steady increment at a CAGR of ~4.5% during the forecast period. Microfiber is an artificial material that is made up of a blend that is finer than thread whose diameter is in micrometre.
These microfibers are used for the manufacturing of cleaning cloths. The growing awareness regarding the hygiene and cleaning and benefits of microfiber is fuelling the market growth.
What is Driving Demand for Microfiber Cleaning Cloth?
The main raw material used in the manufacturing of the microfiber cleaning fabric is polyamide and polyester which helps in retaining moisture through direct contact. This cloth also has large durability and electrostatic and filtering properties that make it capable of cleaning surfaces easily.
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This is some advantage of the cloth that is anticipated to fuel the market growth of the microfiber cleaning fabric during the forecast period.
Microfiber cleaning fabric has become the most common choice of people due to the excellent performance of blend of polyester and polyamide like bio-degradation, hygroscopic nature, regeneration, and softness. Furthermore, the increasing demand for a cleaning solution in the residential as well as commercial sector increases the sales of this cloth.
Furthermore, people are more excited to use cleaning cloth made with microfiber because this single cloth has multiple uses such as the ability to polish the glass and mirror, cleaning up spills, and even the toughest stains, wiping countertops, drying plates and cooking utensils, cleaning windows, and dust. Hence, this microfiber cleaning material substitutes in place of all other materials used for cleaning purposes.
Factors that Likely to Augment Microfiber Cleaning Cloth Sales
With the growing urbanization, people living extravagant life around the globe are spending on household care products like microfiber cleaning material, which is propelling its growth in the market.
Along with this, microfiber cleaning material has the ability of super absorption technology, that is, this cloth is made up of polymer that collects liquid and dirt up to ten times its weight. And also, has a tendency to dry in the air. That is why this type of cleaning cloths are in trend in the market.
Furthermore, customers are more attracted to origami non-woven cleaning cloths because these types of clothes are easy to wash and clean the wet surface efficiently. Such advancement gives a positive impact on the market growth.
Moreover, this cloth lowers the chances of slipping, especially kids and elder people because these clothes are unlike traditional mop that takes time to dry this cloth is dry faster and no trace of water is left behind. This is another factor that is expected to propel its sales in future and help the players to strengthen their presence in the market.
The Outbreak of Novel Coronavirus on Microfiber Cleaning Cloth Market
In the outbreak of the novel COVID-19 pandemic, the manufacturing industries are either temporarily halted or are opened with a minimum workforce because of the imposed restrictions or the enforced lockdown by the regional governments.
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Also, the changing consumer buying preference affects the microfiber cleaning fabric market. Moreover, the non-renewable and non-biodegradable properties of the cloth is a factor that may impede the growth of the market in the coming years.
The US and Canada Microfiber Cleaning Cloth Market Outlook
The changing lifestyle and growing population index of the U.S. and Canada are prominent reasons for the increment in the number of hotels and restaurants in the region which is driving the demand for microfiber cleaning fabric.
This cloth is very helpful in the kitchens. This cloth is used for wide purposes, like keeping the kitchen clean, drying hands and cleaning dishes, cutting boards, knives and also, used for cleaning glass and mirrors in the hotels as it is smear-free and lint-free.
Furthermore, the people of the US generally have a shortage of time because both males and females are doing jobs in the region, so they generally prefer cleaning cloth made up of microfiber because this cloth is easy to wash and dry.
Europe Demand Outlook for Microfiber Cleaning Cloth
The most technologically advanced generations are thought to be the youngest ones. They are also environmentally conscious and advocate for the usage of sustainable products. Teenagers in Europe are enthusiastic about lowering their carbon impact and promoting long-term sustainability.
They are more likely to alter their behaviour in order to lessen their carbon footprint or to support eco-friendly businesses. That is why they are trying to avoid cleaning cloths made up of synthetic chemicals and contains toxic dyes.
They have therefore shifted their choices towards cleaning cloth made up of microfibers. This cloth has reusable microfiber cleaning with no harmful chemicals for the health of people, the well-being of their families, and the sustainability of the planet.
Furthermore, these microfiber cloths are used in the medical sector and laboratories in the region because they have the ability to trap particles of dirt that would be missed by other cleaning materials. Also, this reduces the expenses of chemical cleaning in the sector.
Apart from this, microfiber cleaning material featuring a long-lasting and durable design. Considering the factors above Europe might be suitable for setting up the cleaning cloth industry as it can provide more profits for the players.
Who are the Key Manufacturers and Suppliers of Microfiber Cleaning Cloth?
Some of the leading manufacturers and suppliers of microfiber cleaning fabric include
- TORAY INDUSTRIES, INC.,
- GREEN CLIMATE FUND,
- Scotch-Brite 3M,
- Norwex USA,
- KITA,
- Freudenberg Home and Cleaning Solutions GmbH.,
- Atlas Graham Furgale,
- kingmaxclean,
- Zwipes,
- Wong’s Cleaning Service Company Limited.,
- Target Brands, Inc.,
- EC21 Inc.,
- Medline Industries, Inc.,
- E-Cloth Inc.,
- S&P Global, WELCRON CO., Ltd,
- Eurow,
- UNGER Germany GmbH,
- GameX, Toray Industries Inc., and many others.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Key Segments
By Raw Material:
- Multicomponent
- Monocomponent
By End-Use:
- Household Use
- Commercial and Industrial
- Healthcare
- HoReCa (Hotels, Restaurants & Cafes)
- Commercial
- Public Interest
- Industrial
- Car Care
- Personal
- Auto Repair Shop
- Car Wash Center
By Price Range:
- Under US$30
- US$30-US$60
- US$60-US$90
- US$90 & above
By Distribution Channel:
- Direct Sales
- Hypermarkets/ Supermarkets
- Online retailing
- Others
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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