CAGR: 6.5%Current Market Size: USD 621.7 MillionFastest Growing Region: North America
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
Global Document Cleaning Powder market is expected to grow from USD 621.7 million in 2022 to USD 1028.9 million by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of this market is mainly driven owing to its increasing application in several industries.
Dust, grime, or discolouration from the surface of paper can be removed with document cleaning powder. When spread on paper, it absorbs powder, making it simple to remove dust or other particles by wiping the surface with a cleaning pad. Additionally, document cleaning powder can remove fingerprints from paper. It is used in libraries, educational institutions, private & governmental agencies, as well as other institutions where records need to be kept up to date with a steady flow of papers. Along with other documents, manuscripts, book pages, maps, pictures, and wallpaper can all be cleaned with document cleaning powder. Due to the risk of abrasion or colour spreading, photographs, painted canvases, sheets, and fine art prints must be cleaned carefully. It is typically advisable to have professionals help you surface clean such documents. The long-term preservation of documents and books is made possible by document cleaning powder. It aids in surface cleaning without any abrasion. In general, document cleaning powders are devoid of sulphur and chlorine and don't pose a risk to your health. Document cleaning solutions make it simple to clean and preserve historical pages and documents in museums.
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Market Dynamics:
Drivers:
The use of document cleaning powder is increasing as the museum and educational institutes are expanding globally. For instance, The Asia Society's Arts & Museum Network has launched a new effort called the Arts & Museum Network with the aim of fostering professional exchange opportunities and information and skill sharing among museum professionals around the world. This initiative includes the Arts & Museum Summit.
Restraints:
Individual differences in product preferences as well as psychographic, demographic, and behavioral influences all play a role. The main influences on consumer behavior are lifestyle expectations and awareness. In today's market for document cleaning goods, it is tough to preserve customer loyalty and product individuality. Customers can't stay loyal to a single product or brand since they are continually enticed to innovative products. Due to shifting consumer preferences, small and medium-sized producers are finding it harder and harder to stay up with emerging trends. Together, these problems prevent the market from growing.
Opportunities:
Many people around the world have the tendency to collect historical artifacts and paintings. Art collecting is a tradition that dates back almost as far as civilization. Owning priceless items was viewed as a status symbol and a way to tell stories in Ancient Egypt and Greece. Collecting has changed since then. What makes people attracted to remarkable artefacts has evolved from the Renaissance to the twenty-first century along with the social status of an art collector.
Challenges
Digitalization is expanding around the world due to which the value of physical presence is diminishing. With new discoveries and advancements in technology, the world is changing in every way. Everyone in the modern era needs to use technology wisely. Smartphones, the web, and the Internet have all become indispensable in today's world. Wealthy nations have already transitioned from manual to digital modes of employment. Using digitalization, emerging nations are likewise working for total national development. India, a developing nation, has recently concentrated its efforts and taken actions in this direction, such as the Jan-Dhan Yojna, demonetization, Digital India, etc.
Segmentation Analysis:
The global Document Cleaning Powder market has been segmented based on application, End-Use, and regions.
By Application
The application segment includes Manuscripts, Book Pages, Paintings, Photographs, and others. The paintings segment led the Document Cleaning Powder market with a market share of around 18.38% in 2022. The paintings segment is likely to expand at a significant CAGR during the Projection period as there are many people around the world who spend millions on paintings and consider them valuable artifacts. With this, they would want to keep their paintings clean away from dirt thus it expands the need for document cleaning powder which fuels the market growth.
By End-user
The End-Use segment includes Library, Educational Institutes, Private & Government Offices, Museums, and Others. The museums segment led the Document Cleaning Powder market with a market share of around 17.65% in 2022. The museums tend to keep antiques in a new condition which needs to be cleaned time to time. This fuels the demand for document-cleaning powder from museums.
Global Document Cleaning Powder Market- Sales Analysis.
The sale of document cleaning powder expanded at a CAGR of 4% from 2016 to 2022.
Compared to rural areas, metropolitan areas prefer document cleaning powder more. The need for document cleaning powder is anticipated to increase due to rapidly expanding urbanization. The market for document cleaning powder is anticipated to expand due to the rising number of schools, universities, offices, and other organizations. The market for document cleaning powder is anticipated to benefit from the expansion of the paper and pulp sector.
The need for document cleaning powder is increasing due to the trend of collecting historical paintings and antiques. The market for document cleaning powder is also anticipated to rise in response to the growing demand from museums and other private and public institutions.
Thus, owing to the aforementioned factors, the global document cleaning powder market is expected to grow at a CAGR of 6.5% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the Document Cleaning Powder market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the Document Cleaning Powder market and held a 36% share of the market revenue in 2022.
Global Document Cleaning Powder Market- Country Analysis:
Germany's Document Cleaning Powder market size was valued at USD 75.6 million in 2022 and is expected to reach USD 105.0 million by 2030, at a CAGR of 4.2% from 2023 to 2030. In the following years, the market expansion is anticipated to be fueled by the increased demand for document cleaning powder from manuscripts, paintings, photographs, and other industries throughout the region.
China Document Cleaning Powder’s market size was valued at USD 115.9 million in 2022 and is expected to reach USD 173.8 million by 2030, at a CAGR of 5.2% from 2023 to 2030. This is attributed to the quickly growing educational institutes, which promote the use of document-cleaning powder. The growth of market has expanded due to the Photographs industry's rapid growth as a result of the rising urbanization in developing nations like China.
India's Document Cleaning Powder market size was valued at USD 107.0 million in 2022 and is expected to reach USD 155.6 million by 2030, at a CAGR of 4.8% from 2023 to 2030. The upward sales of sustainable and eco-friendly cleaning products are majorly driving the growth of this market.
Key Industry Players Analysis:
To increase their market position in the global Document Cleaning Powder business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
6.5% |
Market Size |
621.7 million in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Application, By End-user, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Lineco, Demco Europe Limited, Carr McClean, IN SITU Museum & Archive Services, Preservation Equipment Limited, The Library Store, and Conservation Resources. |
By Application |
|
By End-user |
|
Regional scope |
|
Scope of the Report
Global Document Cleaning Powder Market by Application:
Global Document Cleaning Powder Market by End-user:
Global Document Cleaning Powder Market by Region:
Growing educational institutes around the globe are projected to influence the market in the upcoming years.
Rising demand for Document Cleaning Powder in the Photographs industry.
The regions analyzed for the Document Cleaning Powder market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Document Cleaning Powder market is expected to grow from USD 621.7 million in 2022