The rise in the geriatric population and growing incidences of various types of infections are one of the factors fueling the growth of the global drain cleaner and disinfectant market.
According to the latest Arizton's market research report, the global drain cleaner and disinfectant market size to cross USD 2.5 billion by 2026, growing at a CAGR of approximately 6% during the forecast period.
Market Growth Analysis of the Global Drain Cleaner and Disinfectant Market
The effective management of various HAIs using a variety of disinfectant and sanitization techniques is a vital step to stop further deterioration of hospitalized patients’ health and provide value-based care to them. Therefore, an increase in the target population with HAIs is contributing majorly to the growth of the global drain cleaner and disinfectant market. The rise in geriatric population and growing incidences of various types of infections are one of the factors fueling the growth of the global drain cleaner and disinfectant market. Europe has highest incremental growth of over USD 225 million amongst all the regions and is expected to fuel the global drain cleaner and disinfectant market in the future.
Interesting Facts to know!
- According to WHO, approximately 234 million major surgical procedures are performed every year globally.
- Preventive measures with effective disinfectants & sanitizations procedures and healthy lifestyle with efficient immune system have been suggested by WHO to fight and stay safe from COVID-19.
- Company such as COMSTAR International Inc has the maximum number of products such as Blow out, Pure Lye, plumber’s plunger which are non- acid liquid and biodegradable.
The drain cleaning industry is amidst a change where more segmention and innovation is taking place. There has been various studies conducted, which says the contaminated air and surfaces can spread the virus, thus emphasizing the importance of cleaning and disinfection in hospitals. Thus, further increased in the use of drain cleaners and disinfectants in the healthcare centers.
- Market Size & Forecast by Revenue | 2020-2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by form, active ingredients, end-user, packaging, and geography
- Competitive Landscape – 5 Key Company Profiles and 23 Other Prominent Vendors
Is Europe Leading the Global Drain Cleaner and Disinfectant Market?
Europe is the fastest growing region and accounts for the largest share in the global drain cleaner and disinfectant market. According to study by European Centre of Disease Prevention and Control, increased prevalence of HAIs in Europe with about 3.8 million acquire infections in acute care units. It is also estimated that more than 90,000 people in Europe die due to common infections in the health care settings. Increasing awareness and willingness to spend on the hygiene products is expected to fuel the demand for the drain cleaner and disinfectants market in the coming years. Additionally, the region is home to some of the best and most established health care systems across the globe. With public, universal provision as the norm and standards with generally very high scale infrastructure, there is a booming private sector catering to those who want extra comforts, choice, and shorter waiting times. This in turn, is propelling the demand for global drain cleaner and disinfectant market.
What Strategies are Adopted by Players in the Global Drain Cleaner and Disinfectant Market?
As the world is facing COVID-19 pandemic, the demand for cleaning and hygiene products have increased exponentially. The demand for disinfectant Clorox products surged overnight by 500% during February 2020. COVID-19 started spreading between people through infected area and persons. Thereby, companies started running its manufacturing plants 24/7 so that they can increase the capacity and provide proper supply in market. The major vendors in the global drain cleaner and disinfectant market such as SC Johnson has wide variety of products which includes acidic, alkaline, and enzymatic drain cleaners. This company is now moving towards tool drain cleaners which help the environments as well as people safety, as using of chemical drain cleaners may affect the environment and people as they contain hazardous acid.
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