Home care market is growing considerably as the number of people opting for home care services rather than medical care in hospitals is increasing day by day. Home care services are cost effective and hence mostly referred by patients. The global market for home care products is growing significantly due to increasing adoption of this trend in developed economies; however, it is expected to witness an increase in demand in developing countries in near future due to the growing awareness about home care services.
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Growing health awareness, improving standards of living, and increase in per capita income of people are some of the reasons driving the growth of home care industry. Currently, there are number of players engaged in the business of home care product manufacturing. Wide range of product availability and variation in prices is also fuelling the market growth. Packaging innovation and technological developments for better results are some other factors driving the market growth.
Despite of the economic downturn in past few years, there is a growing demand for home care products from developing markets like India and China due to tremendously growing population; however, some hard pressure consumers in US and Europe are forced to cut back.
Market Segmentation:
Based on Product
- Air Care
- Bleach
- Dishwashing
- Insecticides
- Laundry Care
- Polishes
- Surface Care
- Toilet Care
Report also provides analysis of technological improvements in this industry, Porter’s five force model analysis, and complete company profiles of top market players. It provides review of micro and macro factors significant for existing market players and new entrants along with detailed value chain analysis.
Major Players:
Some of the key players dominating this market are Abbott Laboratories, Baxter International, Devilbiss Healthcare, Drive Medical, Graham-Field Health Products Inc., Hard Manufacturing Co., Hollister, Invacare, Kimberly-Clark Corporation, Medline Industries Inc., Philips, Sunrise Medical Inc., and others.
Reasons for Buying this Report:
- This research report provides overview of major market forces driving and restraining market growth
- It provides up-to-date analysis of latest trends in market
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It provides technological growth map over time and explains its impact on industry
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
- It provides complete analysis of major competitors and their strategies
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
- It provides clear understanding of key product segments and competitive environment.
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