DISINFECTANT SPRAYS AND WIPES INDUSTRY INSIGHTS
The global disinfectant sprays and wipes market size to reach revenues of USD 9.52 billion by 2026, growing at a CAGR of 5.88% during the forecast period. The introduction of innovative products plays a vital role in gaining consumer attention. The disinfectant sprays market is highly dependent on the demand for hygiene and sanitation solutions across the end-user industries. An increase in chronic diseases is also anticipated to increase sales in the disinfectant wipes market. Furthermore, due to the sudden surge in COVID-19, alcohol-based hand sanitizers are witnessing higher demand in the market.
Government initiatives to increase awareness of the growing need for disinfection and cleanliness are expected to boost the disinfectant sprays and wipes market. The development of sprays and wipes is increasing worldwide. For instance, leading vendors such as Clorox Healthcare offers evolving and advanced solutions, thereby safeguarding the healthcare environment. With the increase in stringent regulations by the government, products such as cleaning sprays and wipes are expected to witness significant growth in demand among consumers.
- The US accounts for the majority share in the North American healthcare sector market, and the disinfectant sprays and wipes market in the US is expected to reach USD 3,323.10 million by 2026.
- The industrial segment for the disinfectant wipes market is expected to grow at a CAGR of 5.75% during 2019-2026 in Europe.
- Leading vendors are engaging in introducing various promotional campaigns, apart from the advertisements, to change the consumer patterns and behavior towards the purchase of sanitation products.
- Europe and North America are considered as the leading regions in terms of innovations in eco-friendly disinfection equipment.
DISINFECTANT SPRAYS AND WIPES INDUSTRY GROWTH FACTORS
- The disinfectant sprays and wipes market in the APAC region is witnessing robust growth due to this region's growing economies.
- The increasing prevalence of Healthcare-Associated Infections (HAIs) is expected to open avenues for the overall development of the disinfectant market.
- High acceptance of e-commerce platforms for the products among vendors and consumers is expected to boost antibacterial sprays and wipes across all regions.
- The adoption rate of disinfectants and sanitizers among end-users in the US, China, South Korea, and the UK has been impressive, thereby creating lucrative growth opportunities for the vendors in these countries.
DISINFECTANT SPRAYS AND WIPES MARKET SEGMENTATION
This research report includes a detailed segmentation by
INSIGHTS BY PRODUCT
The disinfectant wipes segment is expected to contribute revenue of 87.61% by 2026.
The disinfectant wipes are increasingly gaining prominence among users because pre-impregnated and combination disinfectant/detergent wet wipes offer various advantages over sprays and solutions. Alcohol wipes and sprays are the most common cleaning products used by US nationals to clean hard surfaces in bathrooms and kitchens.
In March 2020, the US EPA (Environmental Protection Agency), through its Emerging Viral Pathogen program, released a list of antiseptic sprays and wipes that are qualified to be used against COVID-19. With the coronavirus outbreak across the different regions globally, the demand for disinfectant sprays is expected to increase in manifolds in both the residential and healthcare facilities in the coming years.
INSIGHTS BY COMPOSITION
Disinfectant sprays and wipes market by alcohol segment to reach an incremental growth of USD 1.92 billion by 2026.
Alcohol plays a vital role in the disinfectant composition segment. According to the WHO, US EPA, and US CDC, alcohol-based sanitizers have proven effective against coronavirus. In addition, the emergence of various pandemics and epidemics to boost the usage of alcohol-based sanitizer. As a result, the global alcohol-based disinfectant sprays market is expected to reach USD 5,683.66 million by 2026. Furthermore, alcohol is widely used to disinfection skin antisepsis and harder surfaces, increasing its preference among the products for various application segments.
INSIGHTS BY END-USER
In 2019, the global healthcare disinfectant sprays market was valued at USD 3,324.39 million.
In today’s scenario, the latest cleaning chemicals used in the hospitals are formulated for cleaning purposes and disinfecting purposes. The manufacturers are adopting new technologies to introduce the latest and innovative products that comply with healthcare regulatory standards. With the evolving demographics and rising COVID-19 infections across the region, industrial users opt for branded hygiene products as a preventive solution to fight against coronavirus. With the largest population globally, APAC and China have the maximum consumption rate of hygiene products compared to other countries.
INSIGHTS BY DISTRIBUTION
The indirect distribution segment in North America is expected to reach USD 2.87 billion by 2026.
Dealers and distributors are one of the key distribution channels for disinfectant products. In recent years, online distribution through various e-commerce websites and specialized websites are gaining traction and will witness high growth in the future. In addition, a.I.S.E. and its members are actively supporting authorities and healthcare professionals to manage the current public health crisis, ensuring that essential cleaning, hygiene, and sanitizer products can be made available and delivered at a fast pace. Some of the key suppliers of disinfectant sprays and wipes in the U.S. include G6 Medical Supply, Ballistic, Quality Control Wholesale, and many more.
INSIGHTS BY GEOGRAPHY
North America is expected to account for the largest disinfectant sprays and wipes market share.
Key players in North America are expected to incorporate all the latest upgrades in their product portfolios, increasing their customer base. Expansion in the e-commerce segment in the North American region to propel the demand for disinfectants in the region. Various innovative cleaning products are significantly experiencing a rise in demand in the Asia Pacific region. The vendors are nowadays focusing on developing revenue models which would be sustainable over the next few years.
INSIGHTS BY VENDORS
The global disinfectant sprays and wipes market share is dominated by vendors that have an international presence.
Local vendors offer products at lower prices and create competition among other players in the healthcare disinfectant market. Product/service extensions, technological innovations, and M&A are some of the factors intensifying the competition among the players. Vendors are expected to develop new technologies and remain abreast with the upcoming technologies to have a competitive advantage over other vendors. In addition, players can boost profitability by practicing efficient production techniques that minimize production costs and mitigate associated risks. As the competition among the companies is intensifying, this will lead to the introduction of many innovative and advanced solutions in the upcoming years.
The global disinfectant sprays and wipes market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
- Alkyl Dimethyl Benzyl
- Commercial Spaces
- Government & Others
- North America
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia