As of 2022, the dry electrostatic wipes market was worth US$ 1.9 billion, growing at a YoY pace of 10.5 percent. The market is anticipated to be worth US$ 2.1 billion by 2022. Additionally, sales are anticipated to rise at a CAGR of 12.13 percent from 2022 to 2032 to reach US$ 6.6 billion.
Today’s consumers are searching for quick and convenient cleaning products that can finish the cleaning task swiftly and effectively while keeping high standards of quality. Innovative features and excellent efficacy in cleaning products give them a competitive edge.
Manufacturers in the household cleaning products market are concentrating on introducing cutting-edge cleaning goods, including dry electrostatic wipes, to obtain a competitive advantage in the industry. One cleaning product produced by businesses to set themselves apart from other major players is dry electrostatic wipes.
Dust is drawn to dry electrostatic wipes. On floors and other surfaces, they produce an electrostatic charge that draws in dust, debris, allergies, and hair. The market for dry electrostatic wipes has profited recently from the launch of unique products with cutting-edge characteristics.
Which are Some Prominent Drivers Spearheading Dry Electrostatic Wipes Market Growth?
As their lifestyles change, consumers are searching for items that save time. As a result, there is a rapid rise in demand for nonwoven cleaning wipes. R&D spending is rising as businesses look to diversify their product offerings through new product introductions. These are a few of the elements that will have an immediate impact on the dry electrostatic wipes market’s expansion.
Several other factors are driving the growth of the dry electrostatic wipes market during the forecast period, including quick new product development that results in the introduction of task-specific performance features, rapidly expanding advanced nonwoven base technology, and frequently changing consumer purchasing habits due to product availability, innovation, and financial considerations.
What are the Challenges Faced by the Dry Electrostatic Wipes Industry?
The existence of dry electrostatic wipe alternatives and the high price of disposable wipes in comparison to traditional shop towels are two other significant factors that could restrain the growth of the dry electrostatic wipes market during the forecast period.
Why is Asia-Pacific Emerging as an Opportunistic Dry Electrostatic Wipes Market?
The Asia Pacific market had a value of US$1.3 billion in 2021. The Asia Pacific is anticipated to dominate the Dry Electrostatic Wipes market share because of rising middle-class income and higher consumer purchasing. The demand for baby sanitary goods is rising as a result of rising newborn populations in China and India as well as changing consumer preferences for high-end baby care products.
In India, Singapore, and China, there are particularly high concentrations of residential living facilities, which increases domestic cleaning and sanitary item use. Dry electrostatic wipes are utilized in a variety of production processes, and the tremendous economic and industrialization growth that China and India are currently experiencing will open up new markets.
Kimberly-Clark Worldwide, Inc., Chemtronics Company, Electrocomponents PLC, SDI Systems Division, Inc., Pascoes Pty Ltd., Procter Gamble Co., Contec, Inc., and Butler Home Products, LLC are some of the key players in the global dry electrostatic wipes market. Demand for dry electrostatic wipes from electronics manufacturers, medical device manufacturers, and other industries where managing electrostatic charge buildup is critical will rise during the forecast period.