Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.93 Billion | USD 44.55 Billion | 6.2% | 2023 |
According to Zion Market Research, the global Global Disinfectant Wipes Market was worth USD 25.93 Billion in 2023. The market is forecast to reach USD 44.55 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Global Disinfectant Wipes Market industry over the next decade.
Antibacterial properties are well-known for disinfectant wipes. There are antibacterial and antiviral wipes that guard against dangerous microorganisms including bacteria and viruses. Fabrics such as thermoplastic fiber and cellulosic fibers are often used in disinfectant wipes. Wood pulp, hemp, lyocell, and viscose are examples of cellulosic fibers. Polypropylene and polyethylene terephthalate are thermoplastic fabrics. It's important to note that disinfectant wipes' efficiency and consistency for hand sanitization and surface cleaning are also determined by their chemical composition. Alcohol is a main component of most disinfectant wipes because of its germ-killing properties.
Due to the recent COVID-19 epidemic, disinfecting goods such as disinfecting wipes have seen a significant increase of revenues. The need for disinfectant wipes has risen dramatically as a result of the pandemic COVID-19 epidemic, owing to the fact that patients with infection have been flooding hospitals at an alarming rate, and it is critical to disinfect the virus on surfaces to prevent the spread of the virus, which is expected to rise in demand in the near future.
Governments around the world are releasing recommendations to encourage people to use disinfecting devices in the face of the COVID-19 epidemic. The US Environmental Protection Agency (EPA) extended the disinfectant catalogue that is useful on COVID-19 in March 2023, for example. After updating the list, the EPA added 40 new items. In order to monitor the COVID-19 pandemic, policymakers are now launching television advertisements to warn people about the value of disinfecting goods like disinfecting wipes.
One of the major growth drivers for the Global Disinfectant Wipes Market is the increasing frequency of severe and long-lasting accidents and surgeries is propelling the global disinfectant wipes industry forward. In addition, the rising trend among doctors to use disinfectant wipes on wounds before dressing them is expected to boost market growth. Disinfect wipes are used by healthcare professionals for washing clinical equipment such as scissors and surgical blades during a medical operation, which is expected to help the potential growth of the disinfectant wipes industry.
Another factor for the growth in this market is several wholesalers are available in the industry who sell and trade with disinfectant wipes for a variety of purposes, resulting in fierce competition in the market. Leading disinfectant wipes manufacturers are now engaging in strategic alliances and acquisitions in order to boost demand in the coming years.
Report Attributes | Report Details |
---|---|
Report Name | Global Disinfectant Wipes Market |
Market Size in 2023 | USD 25.93 Billion |
Market Forecast in 2032 | USD 44.55 Billion |
Growth Rate | CAGR of 6.2% |
Number of Pages | 120 |
Key Companies Covered | STERIS, DrDeppe, Reckitt Benckiser Group plc., Dreumex B.V., Codi Group BV, Pluswipes, The Hygiene Company, RCP Ranstadt GmbH, Uniwipe Europe Ltd and Others |
Segments Covered | By Product, By Category, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The demand for alcohol-based hand wipes will increase as shoppers discover new and more hygienic ways to decontaminate. Alcohol-free products were more common until recently, but after the COVID-19 epidemic, the sanitization trend has changed to alcohol-based products. Consumers are now aware of the value of using alcohol-based sanitizing wipes to decontaminate their hands as a result of increased public awareness campaigns. Disinfectant hand wipes containing alcohol are touted as powerful bacteria killers.
In 2023, the commercial end-use market accounted for 48.4%. These products have industrial uses in hotels, restaurants, cafeterias, bars, offices, and other commercial environments. The hotel industry as a whole has benefited greatly from rising customer demand in recent years.
However, the worldwide lockout and partial closure of office spaces as a result of the COVID-19 pandemic are likely to have a negative impact on the commercial end-use segment's development in the coming years. Furthermore, increasing awareness of the advantages of working from home among the top commercial behemoths is likely to stifle segment development in the immediate future.
North America has dominated the disinfecting wipes industry. Disinfecting wipes are used more frequently in this region. This is result of the rising incidences of different diseases and a widespread increase in knowledge of the value of personal hygiene and existence of a sophisticated network of delivery channels also helps with growth.
India and China, on the other hand, are expected to rise at a faster pace in the coming years with CAGR of 18.1%. The rising demand in East Asia's and South Asia's high-potential markets is aided by greater demand stability in both areas, as well as lower entry barriers.
Some of key players in Global Disinfectant Wipes Market are
To meet the rising demand, a growing number of businesses are speeding up their output. Safetec of America, Inc., a corporation headquartered in the United States, has increased the supply of antimicrobial wipes to meet the increasing demand.
Another U.S.-based firm, GoodFibers, has announced plans to increase its manufacturing capacity to meet the growing demand for antibacterial wipes, fueled by the unparalleled surge in consumer demand.
By Product Type
By Category
By End use
By Region
FrequentlyAsked Questions
The Global Disinfectant Wipes Market was valued at USD 25.93 Billion in 2023.
Global Disinfectant Wipes Market is expected to reach USD 44.55 Billion by 2032, growing at a CAGR of 6.2% from 2024 to 2032.
Some of the key factors driving the Global Disinfectant Wipes Market growth are the increasing frequency of severe and long-lasting accidents and surgeries and several wholesalers are available in the industry who sell and trade with disinfectant wipes for a variety of purposes, resulting in fierce competition in the market.
North America accounted for the largest share market segment with 8.4% CAGR in Global Disinfectant Wipes Market in 2020.
Some of key players in Global Disinfectant Wipes Market, are STERIS, DrDeppe, Reckitt Benckiser Group plc., Dreumex B.V., Codi Group BV, Pluswipes, The Hygiene Company, RCP Ranstadt GmbH, Uniwipe Europe Ltd and Others.
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