Global Industry Analysts Inc. announces the release of a comprehensive global report
September 9, 2010
SAN JOSE, CA — The deepening economic recession trend across global markets during the years 2008 and 2009 derailed various end-use industries of industrial and institutional (I&I) cleaning products and dented the prospects of I&I cleaners, according to a press release.
However, with the expected recovery of global economic situation in 2010 and improving end-use market situation, the I&I cleaning products market is poised to gain momentum and register healthy growth over the coming years, the release stated.
According to the release, requirement of an extremely hygienic environment in various key end-use industries such as healthcare and food processing are driving the growth of I&I cleaning products market.
I&I industry in the US is dominated by the janitorial cleaners segment as the country houses greater number of offices, restaurants and hotels when compared to any other country in the world, the release noted.
Click here to read the complete release.