Vantage Market Research
Aug 16, 2023
In terms of revenue, the Global Disinfectant Wipes Market is expected to reach by 2030, growing at a CAGR of 5.7% from 2023 to 2030.
The growth of the Disinfectant Wipes market can be attributed to several factors. The growing concern for cleanliness and hygienic conditions is one of the main market drivers. Because Disinfectant Wipes are practical and efficient at offering immediate protection against germs and viruses, the emergence of pandemics and infectious diseases has raised the demand for them. The need for these products has also grown as hospitals and healthcare facilities proliferate worldwide. The simple availability of these wipes in grocery stores and online retailers, which makes them accessible to a larger client base, is another factor boosting market growth. Additionally, growing environmental consciousness has sparked the creation of eco-friendly disinfection wipes free of dangerous chemicals, further boosting market expansion. The market for disinfection wipes is anticipated to continue growing in light of the combination of these factors in the upcoming years.
Key Highlights from the Report
. Based on the Type segment, Alcohol-based wipes dominate the disinfection wipes market. Because they are so successful at eliminating various bacteria and viruses, alcohol-based wipes are the most often used disinfection wipes. They are commonly used for surface disinfection in homes, offices, and hospitals. Additionally, affordable and simple to use, alcohol-based wipes are a popular option with customers.
. Based on the segment Application, the medical and healthcare segment leads the market due to the significant demand for Disinfectant Wipes in hospitals, clinics, and other medical facilities. These wipes are employed to clean and sanitize instruments, surfaces, and medical equipment. Additionally, the commercial sector is expanding significantly due to the rising need for disinfection in public spaces, including workplaces, restaurants, and supermarkets. Additionally, the domestic usage of disinfection wipes is quickly expanding, primarily due to the COVID-19 outbreak.
. Based on the Distribution Channel segment, grocery stores, and pharmacies are the main distribution channels for disinfection wipes. Due to their accessibility and a vast selection of products, customers favor these channels. Due to the growing popularity of e-commerce platforms, online retailers are also expanding in popularity.
. In terms of Region, North America is expected to be the dominating region in
for Disinfectant Wipes market during the projected period. Disinfectant Wipes are more in demand in the area because of rising infectious illness rates and increased hygiene awareness. Additionally, the industry has grown due to major market participants, including Procter & Gamble, Reckitt Benckiser Group, and Clorox Company. The COVID-19 epidemic has also been a major market driver, increasing the demand for sanitation and disinfection in homes, workplaces, and healthcare institutions. Government laws highlight the value of cleanliness and hygiene. Therefore the Disinfectant Wipes market is anticipated to increase significantly in the area.
Market Dynamics
The demand for quick and efficient cleaning solutions in addition to the growing hygiene awareness, has fueled the disinfection wipes market's explosive growth in recent years. People are increasingly looking for quick and fast solutions to keep their surroundings clean and germ-free because of the COVID-19 epidemic, which has further accelerated the expansion of this market. The increase in healthcare spending and the expanding demand from the hospitality and catering sectors are further key factors for this industry.
As individuals become more aware of the environmental impact of their decisions, there is an increasing demand for eco-friendly and sustainable products in the disinfection wipes market. A trend towards multipurpose wipes that can clean various surfaces and eliminate various bacteria and viruses is also being seen in the market. On the other hand, this market is constrained by factors such as fierce competition among key companies and the availability of substitutes such as cleansers and disinfection sprays, which may limit the growth potential of the wipes industry.
The disinfection wipes market offers various prospects, particularly given the rising need for cutting-edge and efficient cleaning solutions. Additionally, there is room for innovation in creating new goods that fill niche markets, such as wipes made specifically for pets or skin sensitivity. Additionally, with increased disposable incomes and greater awareness of hygiene and cleanliness, the developing economies of Asia-Pacific and Africa provide untapped prospects for expansion.
North America dominated the overall Disinfectant Wipes market in 2022, North America Disinfectant Wipes Market is estimated to be the most dominant region during the projected period due to the increasing customer awareness about the importance of maintaining hygiene and preventing diseases. The growing number of infectious diseases like influenza, norovirus, and COVID-19 have amplified the use of Disinfectant Wipes in households, hospitals, and public places. The availability of advanced technology, increasing healthcare expenditure, and rising disposable income of people in this region have led to the growth of this market. Additionally, the presence of established market players such as Clorox, Procter & Gamble, and Lysol has contributed to the dominance of this region in the Disinfectant Wipes Market. The demand for Disinfectant Wipes is expected to grow further in the upcoming years due to the ongoing COVID-19 pandemic, creating lucrative opportunities for market players to expand their businesses in this region.
The Global Disinfectant Wipes Market is Segmented as follows
- Type
- Alcohol-based Wipes
- Quaternary Ammonium Compound-based Wipes
- Hydrogen Peroxide-based Wipes
- Chlorine-based wipes
- Other Types
- Distribution Channel
- Online Retail
- Supermarkets & Hypermarkets
- Convenience Stores
- Drug Stores & Pharmacies
- Other Distribution Channels
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
A list of the Key Players of the Global Disinfectant Wipes Market is
Dr. Deppe GmbH (Germany), Reckitt Benckiser Group PLC (UK), Codi Group (Netherlands), Dreumex (Netherlands), RCP Ranstadt GmbH (Germany), The Hygiene Company (UK), Uniwipe Europe Ltd. (UK), KCWW (U.S.), Ecolab (U.S.), Clean Well LLC. (U.S), Seventh Generation Inc. (U.S.), The Claire Manufacturing Company (U.S.), Parker Laboratories (U.S.), GOJO Industries Inc. (U.S.), Stepan Company (U.S.), Whiteley (U.S.), Linghai Zhan Wang Biotechnology Co. Ltd. (China), Jainam Invamed Pvt. Ltd. (India), Hangzhou Wipex Nonwovens Co. Ltd. (China), The Clorox Company (U.S.), Procter & Gamble Company (U.S.), Unilever PLC (UK), Henkel AG & Co. KgaA (Germany), SC Johnson & Johnson Inc. (U.S.), Beiersdorf AG (Germany), 3M Company (U.S.)
The Global Disinfectant Wipes Market Scope can be Tabulated below
Parameter | Details |
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Market Size Provided for Years | 2017 - 2030 |
Base Year | 2022 |
Historic Years | 2017 - 2021 |
Forecast Years | 2023 - 2030 |
Segments Covered |
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Regions & Counties Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |