Statistics gleaned by the UK’s CMPi highlights this region’s importance in the global industrial and institutional cleaning products market.
It says the global market is forecast to wax at a slow rate to reach Dh84.41 billion ($22.9 billion) by the end of 2010 but that the Asia Pacific and the Middle East represent the fastest growing markets with a combined annual growth rate of almost 4 per cent.
CMPi is organising Working Buildings Middle East, scheduled to take place at the Abu Dhabi National Exhibition Centre on November 17 and 18.
“The industrial and institutional cleaning products market has come a long way and the sanitation and janitorial cleaners segment forms the fundamental platform, which will continue to provide enduring healthy growth in the Middle East,” remarked Chris Fountain, event director of CMPi.
He noted that the series of construction projects invariably underway in the Middle East backed by high oil revenues, easing property laws and the effort to diversify local economies had stimulated the market for industrial and institutional cleaning products.
Consumers are favoring environment-friendly solutions, which provide a perfect blend of technology and application. With rising raw material prices and increased downward pricing pressure from the customers, producers are under extreme pressure to optimise their production and operational efficiency.
Says Fountain: “With increased safety standards and health concerns, disinfectants and sanitisers are positioned to emerge as one of the fastest growing segment in the global industrial and institutional cleaning products market. Hand cleaners, another large category in the sanitation and janitorial market, after hard floor cleaning chemicals and cleaners and degreasers are likely to continue strong growth with enhanced hygiene concerns.”
CMPi says Working Buildings Middle East will provide a valuable opportunity for local and international companies to showcase their products and services to the increasingly important Middle East market. The new event has been designed to target all those involved in the management and maintenance of buildings and property. “Working Buildings Middle East will explore the latest products, services and best-practice examples relating to the complete life cycle of a building,” it said.