Valley Cottage, NY -- (SBWIRE) -- 06/21/2019 -- Macro and microeconomic factors hold significant influence the growth of the carpet & rug shampoo market. The client base for carpet & rug shampoo market is broadening with expanding middle that is spending more on discretionary services as well as increasing construction of retail and office spaces. Manufacturers in the carpet & rug shampoo market are usually engaged in procuring an alliance with different industries. Significant revenues in the carpet & rug shampoo market are garnered from contractual alliances between hospitality and food service industries.

Currently, manufacturers in the carpet & rug shampoo market are introducing eco-friendly carpet & rug shampoo and cleaners. As the sustainability trend is witnessing significant penetration across industries, carpet & rug shampoo with natural, plant-based and sustainable ingredients are being highly embraced. In addition to harmless ingredients, product launch of concentrated cleaning solutions is also one of the manufacturer strategies to minimize wasteful packaging and investment of natural resources.

Consumers are inclined at saving time spent in carrying out service appointments and adopt do-it-yourself cleaning. Further, increasing unemployment rates across different countries are alluding at the negative influence on the growth of the retail and consumer product industry, thereby posing negative influence on the future outlook of the carpet & rug shampoo market.

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Carpet & Rug Shampoo Market Outlook

Carpet & rug cleaning products are used extensively in most of the places commercially and residentially to eliminate dust, stains, odor, and clutter from the carpets. Expanding construction industry globally due to rapid urbanization as well as a rise in land use will significantly influence the demand of carpets and other household products, which will further accelerate the need for carpet & rug shampoo or other cleaning products. Every household cleaner is demanding for optimal combinations of ingredients such as stain removers, natural surfactants, abrasives, fragrance, and brighteners in cleaning products. Carpet & rug shampoo is one of the carpet cleaning products that are used in home and professional carpets, as well as they, are safe for the most type of surfaces, cleans, and all washable fibers. The rugs and carpet market has been gaining traction in some of the significant parts of the world. The carpet & rug market is expected to grow at a substantial CAGR during the forecast period. Over the last few years, the US has been the most attractive destination for global carpet and rugs market followed by Europe. In 2016, around 700 million square meters of carpet was sold in Europe which makes it a second largest market after the US.

Reasons for Covering Carpet & Rug Shampoo Market Title

Growing demand for premium products, expanding carpet industry, the rise in consumer awareness about the benefits associated with the products such as deep cleaning formula minimize allergens in carpet, stain blocker. Carpet & rug shampoo can also be used with steam and extractor machines, helps in removing pet stains, coffee stains, and others are the factors influencing the growth of the carpet & rug shampoo market in the near future. Consumers are focusing on hygiene and cleanliness environment for being healthy, so they are demanding for household cleaning products. Additionally, they are inclining towards chemical-free alternatives as they are getting aware about the harmful effects with the use of such chemical based products is some other factor fueling the growth of the carpet & rug shampoo market during the forecast period. However, chemical-based carpet & rug shampoo leave harsh residues, fumes or artificial fragrance coupled with alternative products available in the market may hamper the carpet & rug shampoo market.

Global Carpet & Rug Shampoo: Market Segmentation

On the basis of the end user, the global carpet & rug shampoo market has been segmented as –

Residential
Commercial
On the basis of the sales channel, the global carpet & rug shampoo market has been segmented as –

Hypermarkets/ Supermarkets
Independent Retailers
Multi-Brand Stores
Specialty Retail Stores
Online Sales

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Global Carpet & Rug Shampoo Market: Key Players

Some of the key players operating in the global Carpet & Rug Shampoo market are Bi-O-Kleen Industries, Inc., Evonik Industries AG, Bissell Inc., Techtronic Industries Company Limited, The Clorox Company, Zep, Inc., Procter & Gamble Corporation, and others.