Surface Disinfectant Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Surface Disinfectant Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Surface Disinfectant Market

The surface disinfectant market size was valued at USD 770.6 million in 2019, and the market is now projected to grow to USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period of 2024-2032.

The surface disinfectant business experienced rapid growth during the COVID-19 pandemic since the public purchased these products to avoid the virus’s spread. New tropical concerns associated with homes, workplaces and public places enhanced the use of disinfectants. Companies increased production deploying multitudes of disinfectants, promising to eliminate viruses. This multiplied the demand even beyond the actual pandemic high, which kept people much more conscious of cleaning and maintaining hygiene, which ultimately fed the growth of the market.

There are certain trends that dominate the surface disinfectant market due changes in consumer demands and Progressive health consciousness. There is an increased global trend as customer demand turns to green solutions to reduce the use of toxic chemicals and materials. Soft solutions which are multipurpose disinfectants and wipes are in demand because of their versatility. Some of these are products with long lasting protection such as antimicrobial coatings which are being produced. Also, the advancement in the capability of retail channels means that disinfectants are easily available. Certification like EPA approval and eco-labeling has gained priority in the market and are known to drive the choice of a consumer. These trends are rather obvious and speak of people’s growing concern for their personal and nutritional hygiene as well as for the environment. Thus, all the above mentioned factors are contributing towards the surface disinfectant market growth.

Significant factors that determine market growth of surface disinfectant are increased health consciousness as a result of continuous global outbreaks of diseases like pandemic and other seasonal infections. New awareness regarding proper sanitation in homes, in offices and other shared areas drives the need for such products. Other market drivers include government rules that ascribe to sanitation and cleanliness across several industries. Another factor contributing to the advancement is a shift in the customer base in the direction of usage of environmentally friendly and non-threatening disinfection products. Moreover the emergence of e-commerce platform has made disinfectant product easily available to consumers and thus leading to the constant increase in the market.

Comprehensive Analysis Surface Disinfectant Market

The world market for surface disinfectants is categorized by type of product, formulation and usage. By type, it covers aerosol, gel, liquid, wipe, and the distinct features concerning their convenience and efficiency. Looking at the composition as well as the range of products, customers are available with alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid among others with their special antimicrobial properties respectively. They are available for residential, commercial, healthcare and other uses, with healthcare properties leading sources of demand due to cleanliness considerations.

According to the research, North America has the largest demand for the surface disinfectants since people are focusing on health issues, and there are strict hygiene policies in various commercial and healthcare sectors. The largest consumer is the United States where use is ubiquitous in hospitals, schools systems, and businesses. Other factors that have added to market growth include the increasing demand for green products, and increase in demand for online goods. Further, the government campaigns and policies focused on enhancing sanitation levels during health threats have brought immense demand for disinfectants. The relative development of the industry’s infrastructure and consistently high levels of consumer spending act as stimuli for the market.

Key players in this sector include 3M (U.S.), The Proctor & Gamble Company (U.S.), Kimberley-Clark Corporation (U.S.), SC Johnson Professional (U.S.), The Clorox Company (U.S.), Ecolab (U.S.), Metrex Research LLC (U.S.), Reckitt Benckiser Group Plc (U.K.), Diversey Inc. (U.S.), STERIS plc (Ireland)

Therefore, in 2024, disinfectant wipes have become an obvious product trend in the surface disinfectant industry. These wipes are progressively being adopted for convenience, ease of use and quickness in application for home/office/bulk use. Superior formulations to products with antibacterial properties, longer usage, and biodegradable products are contributing to their demand. Further, the use of biodegradable packing and natural enzymes and ingredients has also been identified as prospective trend because consumers today are socially conscious about the environment as well as are motivated towards using safe products in home. Similarly, advancement in e-commerce and subscription services also contributes to ongoing growth in this product type.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Value (USD Million) and Volume (Kiloton)

SegmentationBy Type

Aerosol

Gel

Liquid

Wipe

By Composition

Alcohols

Chlorine Compounds

Quaternary Ammonium Compounds

Hydrogen Peroxide

Peracetic Acid

Others

By Application

Residential

Commercial

Health Care Facilities

Others

By Geography

North America (U.S., Canada, and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia, and Rest of Europe)

Asia Pacific (China, Japan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

South America (Brazil, Argentina, and Rest of South America)

Middle East& Africa (GCC, Egypt, South Africa, Turkey, and Rest of Middle East & Africa)

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