In 2019, the Global Spin Mops Market was valued at USD 720.7 Million and is expected to register a CAGR of 6.5% between 2020 and 2027.
Mops prove to be a great tool for cleaning surfaces. Cleaning
mops come in several types. Spin mops are one of their kind. They are wet mops
that spin away dirty water from the mop head. The dirty water is collected in
the bucket. The centrifugal force created from spinning dispels dirty water
from the microfiber mop head.
Additionally, the outbreak of COVID-19 pandemic has resulted
in a surge in demand for spin mops across the globe. As more people across the
globe are staying at home due to lockdown restrictions, demand for home cleaning
products has substantially increased. This is evident from the double-digit and
triple-digit growth rate in sales of spin mops through various e-commerce
channels. For instance, in India, e-commerce channel ShopClues witness a 100%
increase in demand for spin mops-with-bucket. E-commerce channels such as
Amazon, Flipkart, and Paytm Mall have witnessed a surge in demand for spin mops
and other household cleaning equipment post the COVID-19 outbreak. A
substantial decrease in domestic helpers in India and other emerging economies
post the COVID-19 outbreak due to lockdown restrictions and prevent the spread
of the infection has resulted in exponential demand for spin mops.
Residential segment is anticipated to dominate the
market: The demand for spin mops from the residential segment is
increasing at an exponential rate since last couple of year. Increasing trend
of DIY, growing demand for convenience in home cleaning equipment has led to
the advent of many user friendly spin mops in the market. Additionally, the
sharp decline in number of domestic helpers across the globe post Covid-19
outbreak has further resulted in the rising demand for spin mops.
Easy Availability of spin mops in Store-Based
distribution channels: The easy accessibility of spin mops in
store-based distribution channels has resulted in its dominance. Additionally,
the increasing number of store-based channels for sale and purchase of spin
mops worldwide, such as supermarkets and hypermarkets and convenience stores as
well as several other local stores, have resulted in the dominance of
store-based distribution channels. However, during the COVID-19 outbreak,
individuals prefer online purchases. E-commerce companies are also providing
discounts and various options to promote a healthy and safer way of purchases
during this tough times. This is evident from surge in sales of spin mops from
e-commerce channels (triple digit growth rate) post COVID-19 outbreak.
Key Players
3M (US)
Freudenberg Group (Germany)
C. Johnson & Son, Inc. (US)
Mopnado (US)
Bed Bath & Beyond Inc. (US)
BISSELL (US)
Addis Ltd. (UK)
Procter & Gamble (US)
Mapa Spontex UK Ltd. (UK)
TTK Prestige Limited (India)
Complete Report Details @ https://www.marketresearchfuture.com/reports/spin-mops-market-10437
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