Reckitt Benckiser Group PLC Stock Performance
Reckitt Benckiser Group PLC, a consumer staples company listed on the London Stock Exchange, has experienced fluctuations in its stock price over the past year. The company’s share value has decreased, resulting in significant losses for investors who purchased the stock 10 years ago.
Market Position and Portfolio
Reckitt Benckiser remains a significant player in the household products market, with a diverse portfolio of brands and products. The company operates in the global surface disinfectant market, which is expected to experience growth driven by increasing demand for multi-surface and multipurpose disinfectants.
Market Outlook and Projections
The global surface disinfectant market is projected to reach USD 9.49 billion by 2030. This growth is expected to continue, driven by increasing demand for multi-surface and multipurpose disinfectants.
Key Statistics
- Market size: USD 9.49 billion (projected by 2030)
- Market growth drivers: Increasing demand for multi-surface and multipurpose disinfectants