Boston, MA -- (ReleaseWire) -- 05/29/2014 -- Surface care sales grew by 7% in current value terms in 2013, which is in line with the 7% CAGR witnessed during the review period. If Moroccans use surface care products in big quantities, rural inhabitants tend to use bleach, water and soap as a substitute. This part of the population represents an untapped market for key players in the category.
Procter & Gamble leads surface care in 2013 with a 39% share of current value sales. Enjoying a presence in all categories in surface care except for scouring agents and window/glass cleaners, the group benefits from strong brand recognition and consumer trust. Mr Propre, within the multi-purpose category, generated the bulk of the total sales of the group with a 38% share of value sales.
Surface care sales are expected to see a 5% constant value CAGR over the forecast period. This growth is in line with the review period CAGR of 5%, mainly as a result of strong market penetration during the review period within surface care. The growth will remain moderate as the market presents development opportunities in untapped segments of the population, such as the rural areas which still use bleach, water and soap as the main surface care.
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