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Insight of the Day: Cleaning products, a market driven by efficiency, convenience and price

Findings:

  • The growth in the cleaning products market over the past year has been driven largely by inflation, with slight or stable increases in volume depending on the subcategory.

  • General cleaning products saw a 13.6% increase in value and 3.3% in volume, while furniture cleaners faced declines.

  • Disinfectant products, especially non-chlorine variants, showed a recovery post-pandemic.

  • Companies focused on innovation, efficiency, and convenience to retain consumers, with pricing and promotions playing a key role in driving sales.

Key Takeaway: Despite inflation and economic challenges, the cleaning products market continues to grow due to a combination of innovative products, effective marketing strategies, and consumer preference for multi-use and convenient solutions.

Trend: The market is seeing a shift towards non-chlorine, efficient, and convenient products, with strong consumer interest in price promotions and ease of use. Companies are leveraging innovation in product formulas and packaging to maintain growth.

Consumer Motivation:

  • Efficiency: Consumers seek products that are effective and save time.

  • Convenience: The popularity of spray-based products reflects the desire for easy-to-use solutions.

  • Affordability: Pricing and promotions are crucial as consumers look for value in their purchases.

  • Hygiene: The rise in COVID cases has renewed interest in disinfectants.

What is Driving the Trend:

  • Inflation: Higher prices have influenced value-based growth.

  • Innovation: New product launches and improved formulas attract consumer interest.

  • Consumer behavior: The trend toward convenience and multi-use products is growing, driven by time-conscious consumers.

Target Consumers:

  • The article refers to Romanian households, with a focus on consumers seeking affordable, effective cleaning solutions. Many prioritize products that simplify their routines and offer value through promotions.

Product/Service Focus: The products discussed include general cleaning solutions, disinfectants, glass cleaners, and toilet cleaners, with innovation centered on multi-purpose use, new formulas, and eco-friendly packaging.

Conclusions: The cleaning products market continues to grow despite inflationary pressures, with consumers gravitating towards efficient, convenient, and affordable products. Promotional strategies and innovation are critical to sustaining market growth.

Implications for Brands:

  • Focus on innovation: Brands must continue to innovate in product efficiency, sustainability, and ease of use to stand out.

  • Leverage promotions: Competitive pricing and promotions remain key drivers for consumer decision-making.

  • Sustainability: Increasing demand for eco-friendly packaging and natural ingredients presents an opportunity.

Implications for Society:

  • Economic impact: Rising inflation has shifted consumer focus toward price-conscious purchasing, emphasizing the importance of value and promotions.

  • Hygiene consciousness: The pandemic continues to influence consumer behavior, with hygiene and cleanliness remaining top priorities.

Implications for Consumers:

  • Price sensitivity: Consumers are more price-sensitive, waiting for promotions or buying smaller quantities to save money.

  • Efficiency: Time-saving solutions are highly valued, influencing product selection.

Implications for the Future:

  • Growth in eco-friendly products: There will be continued demand for sustainable products as consumers become more environmentally conscious.

  • Innovation-driven market: Future growth will depend on brands' ability to innovate, offering products that are not only effective but also convenient and eco-friendly.

Consumer Trend:

  • Efficiency and convenience: Consumers are increasingly opting for products that are easy to use and provide quick, effective results.

Consumer Sub-Trend:

  • Multi-use products: Products that can serve multiple cleaning purposes are gaining popularity as consumers seek to simplify their routines.

Big Social Trend:

  • Hygiene and health awareness: Increased hygiene awareness due to COVID continues to drive demand for cleaning products, especially disinfectants.

Local Trend:

  • Price-sensitive purchasing: Romanian consumers are highly focused on value, often waiting for promotions or opting for smaller package sizes to manage budgets.

Worldwide Social Trend:

  • Sustainability and eco-consciousness: Globally, consumers are moving towards sustainable, eco-friendly cleaning products, reflecting a larger trend toward environmental responsibility.

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