Product Code: ETC035865 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Specialty Cleaning and Sanitation Market is a rapidly growing market in the country with an estimated value of USD 1.9 billion in 2020. The market is expected to witness a CAGR of 4.8% from 2020-2026, driven by increasing demand for specialty cleaning products due to rising consumer preferences for hygienic living conditions and health consciousness. Moreover, significant investments in research and development activities related to eco-friendly cleaning solutions are some of the key factors driving growth over the forecast period.
Growing awareness about hygiene among consumers has led to increased demand for specialty cleaning products such as disinfectants, sanitizers, soaps & detergents etc., which provides ample opportunities for new market players. Further advancement of innovative technologies such as ultraviolet (UV) light sanitation systems has created further opportunities for companies operating in this space. Increased availability of eco-friendly green chemicals used in speciality cleaning is also creating higher acceptance among end users due to their less toxic nature compared traditional chemical cleaners. Rising disposable income levels across all socio economic classes providing an impetus on purchasing power parity resulting into increased spending on domestic care products including speciality cleaners.
Low penetration rate of specialized germicidal or biohazardous cleaners particularly when it comes to industrial applications where high concentration level are required may prove challenging. Availability issues regarding biodegradable ingredients used while manufacturing certain specialty cleaner products pose certain challenges towards meeting consumer???s needs effectively.
The Covid pandemic situation had resulted into increased usage and requirement of various types sanitizing agents like alcohol based sanitizers & disinfectant sprays which were not available earlier leading toward creation potential opportunities within this space while making it more competitive at same time thereby limiting margins offered by existing players already operating within this sector.With heightened interest shown by government authorities toward promotion, greater importance being given toward promoting cleanliness and hygiene especially public areas coupled with social distancing norms will result into continued surge within demand side during post pandemic era as well .
Unilever Thailand Ltd., Thailand President Foods PCL, CP All PLC, Siam Mennen Co Ltd., Procter & Gamble Asia Company Limited, SCG Chemicals Co Ltd., Reckitt Benckiser Group plc, 3M Company.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Speciality Cleaning and Sanitation Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Speciality Cleaning and Sanitation Market - Industry Life Cycle |
3.4 Thailand Speciality Cleaning and Sanitation Market - Porter's Five Forces |
3.5 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Thailand Speciality Cleaning and Sanitation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Speciality Cleaning and Sanitation Market Trends |
6 Thailand Speciality Cleaning and Sanitation Market, By Types |
6.1 Thailand Speciality Cleaning and Sanitation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Acid cleaner, 2020-2030F |
6.1.4 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Alkaline cleaner, 2020-2030F |
6.1.5 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Other, 2020-2030F |
6.2 Thailand Speciality Cleaning and Sanitation Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Food industry, 2020-2030F |
6.2.3 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Household use, 2020-2030F |
6.2.4 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Pharmaceuticals industry, 2020-2030F |
6.2.5 Thailand Speciality Cleaning and Sanitation Market Revenues & Volume, By Others, 2020-2030F |
7 Thailand Speciality Cleaning and Sanitation Market Import-Export Trade Statistics |
7.1 Thailand Speciality Cleaning and Sanitation Market Export to Major Countries |
7.2 Thailand Speciality Cleaning and Sanitation Market Imports from Major Countries |
8 Thailand Speciality Cleaning and Sanitation Market Key Performance Indicators |
9 Thailand Speciality Cleaning and Sanitation Market - Opportunity Assessment |
9.1 Thailand Speciality Cleaning and Sanitation Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Speciality Cleaning and Sanitation Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Thailand Speciality Cleaning and Sanitation Market - Competitive Landscape |
10.1 Thailand Speciality Cleaning and Sanitation Market Revenue Share, By Companies, 2023 |
10.2 Thailand Speciality Cleaning and Sanitation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |