Growth opportunities for Australian industrial and institutional cleaning chemicals

2021-12-07 08:24:04 By : Mr. Joe Liu

Although the COVID-19 pandemic has led to border closures, movement restrictions, declining economic activity, high unemployment, and large-scale disruptions in the supply chain, it also provides an opportunity for Australia’s industrial and institutional (I&I) clean chemicals industry to expand its image and expand Its scope of influence.

New York, December 6, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the "Australian Industry and Institutional Clean Chemical Growth Opportunities" report-https://www.reportlinker.com/p06188590/?utm_source=GNW COVID- 19 This has led to a reduction in core activities in many end markets (airports, hotels, restaurants, tourism, sports and entertainment venues, university campuses), forcing a sharp drop in the demand for cleaning chemicals. Similarly, the work-from-home (WFH) approach adopted by a series of companies has led to a reduction in office occupancy and usage (most observers believe that it is impossible to fully return to the pre-COVID-19 attendance rate). Even companies that have not been adversely affected by the pandemic are facing budgetary pressures, resulting in reduced operating expenses and some negative impacts on the cleaning chemicals they purchase. Finally, movement restrictions make it difficult for cleaning chemical companies to drive growth through field trials and demonstrations. However, the COVID-19 pandemic has made good hygiene a major priority and has driven an increase in the demand for hand sanitizer and surface cleaning chemicals. The growth of specific end markets (healthcare and food and beverage processing) has also promoted the overall expansion of the Australian industrial and institutional cleaning chemicals market. In addition, suppliers’ increasing demand and innovation for green chemicals have supported long-term market growth. This market includes: • Cleaning chemicals • Related services provided only as part of the overall cleaning solution (pharmaceutical compliance, program support, product material safety data sheets (MSDS), wall charts, maintenance and replacement of dispensing equipment, Audit, data collection, analysis, usage report) • Relevant dispensing equipment is only provided as part of the overall cleaning solution (including related equipment lines, such as dishwashing racks, microfiber cleaning procedures, professional housekeeping tools, and catering services Professional equipment series, such as barbecue cleaners) This study does not include the following products: • Fast-moving consumer goods used in the home/domestic market • Paper and other cleaning supplies (for example, brooms, brushes, and mops) • Clinical cleaners for disinfection Surgical instruments and other equipment for sterilizing doctors • Related general cleaning equipment, such as vacuum cleaners and scrubbers. This report provides market drivers and constraints; forecasts and trends; growth opportunity analysis by product, channel and terminal sector; demand analysis; competitive analysis; and growth opportunities. The market size is expressed in end-user dollars, that is, the end-customer's expenditure on I&I cleaning chemical solutions. Unless otherwise stated, all U.S. dollar amounts are expressed in Australian dollars. Market estimates, growth estimates, and breakdown information come from interviews with I&I cleaning chemical manufacturers and industry stakeholders (distributors or basic chemical suppliers) in 2020. The base year is 2020. The study period is 2019-2027. Author: Ivan Fernandez Read the full report: https://www.reportlinker.com/p06188590/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so that you can get all the market research you need instantly in one place. __________________________

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