Reports
The global home decontamination services market is expected to witness strong growth during the forecast period between 2021 and 2031. Home decontamination services have witnessed increased demand in families worldwide, especially with the emergence of transmitting diseases such as COVID-19 in the past few years. Home decontamination services are deployed in different forms such as wipes, liquids, and sprays.
Some of the types of residences that are witnessing increased demand for home decontamination services include villas, apartments, and independent houses. Some of the in-demand home decontamination services include furniture cleaning, floor cleaning, air duct cleaning, and window washing.
Rising consumer demand for natural products is the key growth driver for global home decontamination market. Also, growing awareness about hygiene among consumers in different age groups is expected to help create revenue-generating opportunities for prominent players in overall home decontamination services market, in the years ahead.
In addition to this, advancements to existing services could help propel demand and augment the growth in overall home decontamination services market, in the coming years. Rising population sections suffering from chronic diseases could also fuel the demand for home decontamination services and augment the growth in overall market, in the years ahead.
Other factors such as rapid urbanization, especially in developing economies, and rising disposable income are also expected to contribute to growth in overall home decontamination services market, in future. Infection prevention and control services type segment is expected to emerge as largest contributor, in terms of revenue, to overall market owing to surge in number of hospital-acquired infections and medical procedures in leading economies globally. Apartment end-use segment is anticipated to emerge as largest contributor, in terms of revenue, to overall home decontamination services market owing to increasing danger of virus spread among large families residing in apartments in prominent countries worldwide.
Competition in global home decontamination services market is intense owing to prominent presence of well-established market players. Leading players are expected to account for a large share in overall market, in future.
R&D undertakings could be key, revenue-generating growth strategy for leading players in overall market, in future. Growth strategies such as launch of new home decontamination services could help create generate new revenue streams and gain an edge over competitors.
Other strategies such as signing collaborative agreements with smaller players could assist leading home decontamination services market players in expanding their presence in overall market and increase their revenue. Some of the leading players in global market include DuraClean International, The Ecosense Company, NYC Steam Cleaning, and Shiny Carpet Cleaning.
The global home decontamination services market is classified into five regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is expected to emerge as maximum revenue-generating region in global home decontamination services market owing to increasing number of dual-income households and growing adoption of home care services in countries such as the U.S and Canada.
Europe is expected to witness significant growth in overall home decontamination services market due to increasing consumer sections becoming health conscious in countries such as the U.K and Germany. Asia Pacific is projected to witness strong growth in global home decontamination services market in the coming years because of rapid urbanization and rising disposable income in countries such as India and China.
Other regions of the world such as Latin America and Middle East and Africa are expected to witness moderate growth in global home decontamination services market, in future, owing to reduced presence of leading players in countries belonging to both the regions.
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