Global Medical Disinfectant Wipes Market 2023-2030

Global Medical Disinfectant Wipes Market 2023-2030

Global Medical disinfectant wipes Market Size, Share & Trends Analysis Report Market by Product (Germicidal Disposable Wipes, Surface Disinfectant Wipes, Hydrogen Peroxide Disinfectant Wipes, and others), by Distribution Channel (Supermarkets/Hypermarkets, Online, Chemist/ Drugstore, and Others), and by Application (Hospitals, Dental Clinic, and Other) Forecast Period (2023-2030)

The global medical disinfectant wipes market is anticipated to grow at a CAGR of 7.9% during the forecast period. The increasing use of these products to avoid disease is a prominent factor strengthening the growth of the market. Hospital-acquired Infection (HAI) is an infection that thrives in a medical environment, such as one contracted by a patient while on a hospital visit, is one of the major factors contributing to the increase in demand for medical disinfectant wipes, globally. The COVID-19 outbreak has accelerated the product demand, particularly in countries such as the US, India, Brazil, Russia, and the UK, which are some of the most adversely affected ones. The pandemic has called for increased use of these products worldwide in public facilities, transportation, hospitals, nursing homes, and even common households to mitigate the virus burden. As per the American Cleaning Institute (ACI), the US-based trade association for the cleaning products industry, manufacturers across the globe have been working around the clock to meet the surge in product demand.

Segmental Outlook

The global medical disinfectant wipes market is segmented based on product, distribution channel, and application. Based on product, the market is sub-segmented into germicidal disposable wipes, surface disinfectant wipes, hydrogen peroxide disinfectant wipes, and others. Based on distribution channel, the market is sub-segmented into supermarkets/hypermarkets, online, chemist/ drugstore, and others. Further, based on the application, the market is sub-segmented into hospitals, dental clinics, and others.

The Surface Disinfectant Wipes to Hold a Considerable Share of the Global Market

Among the product, the market is anticipated to hold a considerable share of the global medical disinfectant wipes marker. The factor attributing to the segmental growth includes the growing availability of virucidal, bacterial, and fungicidal surface disinfectant wipes is bolstering the growth of the surface disinfectant wipes market. Key market players are also developing high-grade and quality surface disinfectant wipes for hospitals with an aim to kill germs. For instance, in March 2021, EarthSafe Chemical Alternatives introduced “EvaClean Disposable Surface Disinfectant Wipes” to remove emerging pathogens such as COVID-19.

Regional outlooks

The global medical disinfectant wipes market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, North America regional market is expected to hold a considerable share in the global medical disinfectant wipes market, owing to the well-established infrastructure of healthcare facilities.

Global Medical disinfectant wipes Market Growth by Region 2023-2030

Source: OMR Analysis

The Asia-Pacific Region is Anticipated to Exhibit the Fastest Market Growth

The growing number of working women in the population of the region is a key factor driving the growth of the medical disinfectant wipes market. World Bank data indicates that the female labor participation rate in East Asia Pacific has increased significantly from 43.7% in 2016 to 43.94 % in 2021. In the Asia-Pacific, China alone records the birth of approximately 18 million babies every year. The high number of baby birth has made significant contribution to the China’s medical disinfectant wipes market. The declaration of the third-child policy in China has played a great role in increasing the demand for medical disinfectant wipes. Apart from these, a wider distribution network and easy availability of numerous brands in the local markets is further driving the regional market growth.

Market Players Outlook

The major companies serving the global medical disinfectant wipes market include The Procter & Gamble Co. (P&G), Kimberly-Clark Corp., Unicharm Corp., Johnson & Johnson, and Kao Corp. among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2022, GOJO Industries, a manufacturers of Purell products expanded its surface hygiene portfolio with the launch of Purell Healthcare surface disinfecting wipes. The product provides powerful germ-kill in one-step, as it is hospital-grade disinfecting wipes.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global medical disinfectant wipes market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.