Product Overview

Scouring Pads are popularly used for washing dishes or cleaning any other surface, they are usually in the form of material made of a network of wire or thread or soft sponge on one side and scrub made up of plastic mesh on either side making it convenient for the user. Scouring pads are specifically designed to ensure effective and efficient cleaning of the surface. These are used in both residential and commercial applications and due to their convenience, they are the most preferred scrubbing alternate used in the kitchen.

Market Highlights

Global Sponge and Scouring Pads market is expected to project a notable CAGR in 2030.

Global Sponge and Scouring Pads market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. Growing demand for suitable cleaning pads for different objects and surfaces is a key factor fueling the demand for sponge and scouring pads since it exceptionally provides the users with the ability to not leave scratches on the surface or objects while washing. Due to its wide range of applications in different industries for cleaning purposes the global sponge and scouring pads market is anticipated to witness a bolster in growth in the future.

Recent Highlights in Global Sponge and Scouring Pads Market

In July 2020, 3M and Merry Maids a service masters company announced their collaboration in comprehensive research, testing capabilities of the experts in cleaning and development to provide enhanced cleaning in the residential cleaning sector.

Global Sponge and Scouring Pads Market: Segments

Reusable segment to grow with the highest CAGR during 2019-30

Global Sponge and Scouring Pads market is segmented by type into Reusable and Disposable segment. The reusable segment held the largest market share in the year 2018. Reusable segment types come with longer durability and are mostly preferred over disposable pads segment which can be used only once.

Steel-based segment to grow with the highest CAGR during 2019-30

Global Sponge and Scouring Pads market is also segmented by raw materials into Steel-based and Polymer-based. The steel-based segment held the largest market share in the year 2018 and will continue to dominate the market throughout the forecast period. Steel-based pads are a mesh of wire or thread used to cleaning oily and greasy surfaces, stubborn stains, and scrape off rigid food stains and dirt caused due to baking or burning. Polymer-based pads are used for cleaning non-stick utensils or products made up of glass, bone-china, aluminum, etc.

Commercial segment to grow with the highest CAGR during 2019-30

Global Sponge and Scouring Pads market is bifurcated by end-users into Residential and Commercial segments. The commercial segment held the largest market share in the year 2018. The commercial segment includes the end-use of pads in Restaurants, cafes, and various other food outlets. Rise in the number of food outlets has also led to an increase in the demand for scouring pads. The residential segment is also expected to observe growth in the global market.

Market Dynamics

Drivers

Increasing number of Food Outlets

A rise in the number of food outlets such as restaurants, cafes, etc. have been observed in the past years which has led to a shift in the preference of consumers from having meals at home to dine out options in the weekend, also, with a busy lifestyle, people consider having meals outdoor which return increases the demand for sponge and scouring pads for cleaning surfaces and washing dishes.

High demand for homecare products

With the rising urge to maintain a clean and healthy surrounding the demand for home care products, especially cleaning products has increased. Consumer’s buying pattern has observed a change in preference and inclination towards buying sponge and scouring pads.

Restraint

Limited product portfolio

Businesses dealing in sponge ad scouring pads have a limited product portfolio and solely depend upon various schemes and advertisements to maintain a customer base and reach out to the untapped populace.

Global Sponge and Scouring Pads Market: Key Players

3M Co.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Armaly Brands Inc.

Corazzi Fibre Srl

Henkel AG & Co. KGaA

Newell Brands Inc.

Reckitt Benckiser Group Plc

The Clorox Co.

The Libman Co.

The Procter & Gamble Co.

Unilever Group

Other Prominent Players

Global Sponge and Scouring Pads Market: Regions

Global Sponge and Scouring Pads market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Sponge and Scouring Pads markets market in North America held the largest market share in the year 2018. North America will continue to dominate the global sponge and scouring pads market due to mounting outdoor food outlets and the rising importance of cleanliness and hygiene followed by Asia-Pacific region. Modern recipes taking 10-15 hours to cook and bake leave stubborn and rigid stains on the utensils which lead to a rise in demand for scouring pads in the region.

Global Sponge and Scouring Pads market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Sponge and Scouring Pads market report also contains analysis on:

Sponge and Scouring Pads Market Segments:

By Type

Reusable

Disposable

By Raw Materials

Steel-based

Polymer-based

By End-Users

Residential

Commercial

Sponge and Scouring Pads Market Dynamics

Sponge and Scouring Pads Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Sponge and Scouring Pads Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Sponge and Scouring Pads Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Sponge and Scouring Pads Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Sponge and Scouring Pads Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Reusable, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Disposable, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Raw materials: Market Share (2020-2030F)

12.3.1. Steel-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Polymer-based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End-users: Market Share (2020-2030F)

12.4.1. Residential, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile

12.1. 3M Co.

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Armaly Brands Inc.

12.3. Corazzi Fibre Srl

12.4. Henkel AG & Co. KGaA

12.5. Newell Brands Inc.

12.6. Reckitt Benckiser Group Plc

12.7. The Clorox Co.

12.8. The Libman Co.

12.9. The Procter & Gamble Co.

12.10. Unilever Group

12.11. Other Prominent Players

13. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)