The Global Disinfectant Sprays and Wipes Market to Reach Revenues of Around $9 Billion During the Period 2020 −2025 - Market Research by Arizton

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May 13, 2020, 09:00 ET

CHICAGO, May 13, 2020 /PRNewswire/ -- According to Arizton's recent research report, Disinfectant Sprays and Wipes Market - Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of approximately 6% during the period 2019−2025.

Key Highlights Offered in the Report:

The global disinfectant spray and wipes market would realize an absolute growth of over 40% - a leap of over $2,600 million revenue between 2019 and 2025.
Contributing over $1,100 million incremental revenue during 2019-2025, disinfectant wipes offers a profitable revenue potential opportunity for market vendors.
Registering a CAGR growth of around 6%, the residential segment will contribute over $1,700 million incremental revenue during 2019-2025.
With nearly 70% of the market revenue coming from North America and Europe, vendors are emphasizing on the innovative strategies and promotional measures to bolster the overall disinfectant spray and wipes market growth.
Vendors such as Kimberly Clark, Reckitt Benckiser Group, and Procter and Gamble among others, emphasize on offering products which caters to diversified vertical markets.

Key Offerings:

Market Size & Forecast by Revenue | 2019−2025
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by product type, composition type, end-user type, and geography
Competitive Landscape – Profile of 3 key vendors and 33 other vendors

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Disinfectant Sprays and Wipes Market – Segmentation

The disinfectant wipes are commonly being used in the residential and hospitals for the removal of common germs and allergens from the floors and surfaces, thereby reducing the sources and chances of infection. In 2019, the disinfectant wipes segment dominated the largest global disinfectant wipes and sprays market share.
According to the WHO, US EPA, and US CDC, the alcohol-based disinfectants have proven effective against coronavirus. Further, the wipes and disinfectants based on alcohol are witnessing supply chain crunch as the major raw chemical such as ethanol and IPA are not available in abundance to meet the market demand. However, Arizton believes that this shortage is temporary, and the supply chain would witness normalcy by the end of May 2020 or early June 2020.
The demand for cleaning products in the residential segment is expected to witness significant rise in demand owing to the increasing consumer awareness regarding the spread of contagious diseases, along with the importance of hygiene. Growing emphasis lies on the factors such as safer food storage, disinfecting of the household surfaces, along with the importance of sanitary conditions.

Market Segmentation by Product Type

Sprays
Wipes

Market Segmentation by Composition Type

Alcohol
Alkyl Dimethyl Benzyl
Others

Market Segmentation by End-user Type

Residential
Healthcare
Commercial Spaces
Hospitality
Government & others

Disinfectant Sprays and Wipes Market – Dynamics

Product innovation plays a vital role in gaining the consumer attention. With the incorporation of latest innovative techniques in product segments, various products are experiencing enhancement in the overall designing, composition, and features, thereby leading to an increase in its demand among the consumers. Development of the disinfectant sprays and wipes is more demanding than ever. This can mainly be attributed to the increasing competitiveness among the companies for the demand of disinfectant sprays and wipes, owing to the increasing outbreaks, such as COVID-19. The vendors are increasingly emphasizing on the changing need of the hour for the features and in particular the composition of these products to suit their needs.

Key Drivers and Trends fueling Market Growth:

Marketing and Advertising of Disinfectant Spray and Wipes
Stringent Government Regulations
Increasing Healthcare-Associated Infections
Increasing Disease Outbreaks across the World

Disinfectant Sprays and Wipes Market – Geography

North America was the largest revenue contributor of the global disinfectant sprays and wipes market, in terms of revenue in 2019. The US holds a significant share in the disinfectant spray and wipes market. This can be attributed to its widespread usage of the product in the health care facilities, large number of nursing homes, hospitals, restaurants, institutions, and hotels in the region. APAC was led by China, Japan, Australia, and India which are also on their way to become significant markets for disinfectant sprays and wipes. This is mainly attributed to the factors such as increasing number of infectious diseases, which increases the demand for sanitization and cleanliness, thereby favorably impacting the demand for these products.

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Segmentation by Geography

North America

US
Canada

Europe

UK
Germany
France
Italy
Spain
Nordic Countries
Others

APAC

China
Japan
India
South Korea
Australia
Others

Latin America

Brazil
Mexico
Argentina
Others

Middle East & Africa

South Africa
Saudi Arabia
UAE

Major Vendors

Ecolab
Procter & Gamble
Reckitt Benckiser Group

Other vendors include - 2XL Corporations, 3M, BODE Chemie, Bright Solutions, Cambridge Sensors, Contec, Cantel Medical, CarrollCLEAN, Colgate-Palmolive Company, CleanWell, Diamond Wipes, Diversey, Dreumex, GAMA Healthcare, Gojo Industries, Kinnos, Kimberly-Clark, Lonza, Medline Industries, Metrex Research, Midlab, North American Infection Control, Pal International, Parker Laboratories, Safetec of America, Sani Professional, S.C. Johnson & Son, Sklar Surgical Instruments, Spartan Chemical Company, Stepan Company, Steris, Stryker, Unilever, UPS Hygiene, Vernacare, Virox Technologies, Wexford, Whiteley Corporation, and Zep.

Explore our Consumer Goods & Retail Technology profile to know more about the industry.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

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SOURCE Arizton Advisory & Intelligence