The recent novel coronavirus pandemic has changed the consumption and demand patterns in the antibacterial wipes market.
According to Arizton’s market research report, the global antiseptic wipes market size to reach revenues of $3.7 billion in 2019, growing at a CAGR of over 18% during 2019-2025.
Antibacterial hand wipes are alternatives to washing hands with non-antimicrobial soap and water. However, they are not as effective at reducing bacterial counts on HCWs’ hands as alcohol-based hand rubs or washing hands with an antimicrobial soap and water. They are also not a substitute for alcohol-based hand rubs or antimicrobial soap. The global antibacterial wipes market is expected to experience significant growth over the forecast period, owing to the increasing number of surgical procedures.
- Market Size & Forecast by Revenue | 2019−2025
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by fabric, formulation, application, end-user, and geography
- Competitive Landscape – Profile of 6 key vendors and 22 other vendors
Antibacterial Hand Wipes Market Dynamics
The antibacterial wipes market has been witnessing continuous growth with rise in hygiene and awareness in the commercial and residential sector. The spread of contagious diseases is also one of the reasons that has enabled healthcare institutions and companies to spread awareness about antiseptic products. Antibacterial are substances that stop the growth of microorganisms on the skin. Therefore, antibacterial wipes are one of the important products in first-aid kits. Chronic diseases and conditions are on the rise. Rise in aging population and changes in societal behavior also contribute to a steady increase in these common and costly long-term health problems. Pandemics are yet other rising health concerns. The pandemics of the last decade have demonstrated the speed at which infections spread across the globe. The recent novel coronavirus pandemic has changed the consumption and demand patterns in the antibacterial wipes market.
Antibacterial Wipes Market Trends
The increasing interest in eco-friendly and sustainable products has hit the global antibacterial wipes market as well. Sustainability has become a major concern, compelling people to opt for eco-friendly products. The trend of using eco-friendly cleansing products is rising as conventional cleansing products available in the market contain several toxic chemicals also and these are harmful for the environment. Although these products are used for cleaning, they release harmful compounds and solvents into the atmosphere, which has influenced people to use eco-friendly products.
Read: UV Disinfection Equipment Market - Global Outlook and Forecast 2020-2025
Antibacterial Wipes Market Regional Outlook
North America led the market for antiseptics, followed by Europe. The increasing number of surgeries in North America and workers in the healthcare field are expected to drive regional demand. The essential requirement of the products in surgical procedures and research fields to reduce the risk of contamination and transmission of infections can further drive the demand. Looking at the current situation of pandemic Coronavirus, the demand for antiseptic wipes has increased as this disease is contagious, and antiseptic helps in decreasing the virus. Asia Pacific region is expected to exhibit the fastest CAGR during the forecast period due to rising cases of hospital-acquired infections and cases of diseases, such as food poisoning, cholera, and typhoid fever in this region. Furthermore, major players are also making a constant effort to enter the untapped areas of Asia-Pacific.
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