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Surface Disinfectants Market Size

  • Report ID: GMI4805
  • Published Date: Jan 2022
  • Report Format: PDF
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Surface Disinfectants Market Size

Global Surface Disinfectants Market size was over USD 5.5 billion in 2020 and is estimated to grow at over 7.5% CAGR between 2021 and 2027 owing to growing awareness about hygiene, health, and safety due to the rapid spread of COVID-19 across the globe. Moreover, increasing healthcare expenditure and surging demand for environment-friendly surface disinfectants are predicted to offer growth opportunities.

 

surface disinfectants market outlook 
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Additionally, an increasing number of surgeries in hospitals have enhanced the use of surface disinfectants to avoid infection, ensure healthcare professionals & workers protection & high-quality patient care, and maintain hygiene. These factors are anticipated to bolster the surface disinfectants market growth over the forecast period.

 

Surface Disinfectants Market Report Attributes
Report Attribute Details
Base Year:2020
Surface Disinfectants Market Size in 2020:5,627.25 (USD) Million
Forecast Period:2021 to 2027
Forecast Period 2021 to 2027 CAGR:7.54%
Historical Data for:2016 to 2020
No. of Pages:260
Tables, Charts & Figures:378
Segments covered:Product, Form, End-user, and Distribution Channel
Growth Drivers:
  • North America
    • Increasing prevalence of hospital-acquired infections
    • Increasing occurrence of chronic health disorders and rising instances of infection transmission diseases such as COVID-19
    • Rapid growth of food & beverage sector
  • Europe
    • Increasing consumer preference towards use of bio-based, nature-friendly disinfectants
  • Asia Pacific
    • Increasing awareness regarding cleanliness and personal hygiene
Pitfalls & Challenges:
  • Higher price of chemical-based surface disinfectants compared to bio-based disinfectants.
  • Harmful effects of chemical-based surface disinfectants if not used properly
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Furthermore, significant growth in the healthcare sector in emerging economies such as China and India coupled with increased risk of COVID-19 should drive the growth of the surface disinfectants market. Rising consumer awareness pertaining to personal hygiene and cleanliness will further offer growth opportunities during the forecast period. The increasing aging population and rising prevalence of chronic diseases such as blood pressure, diabetes, obesity, and heart disorders have encouraged healthcare professionals to opt for high-quality surface disinfectants in healthcare facilities and hospitals to ensure patient safety.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global surface disinfectants industry size had reached over USD 5.5 billion in 2020 and could record a growth rate of more than 7.5% up to 2027 owing to the escalating healthcare expenditure and rising awareness regarding the hygiene, health, and safety due to the rapid spread of COVID-19.

The industry share of liquid surface disinfectants is likely to surpass USD 6.2 billion in 2027 owing to growing utility in large quantities across the healthcare, hospitality, and food & beverage sector on account of their ease of availability and usage.

The surface disinfectants industry size from online distribution channel segment is anticipated to cross USD 2.3 billion by 2027 owing to the rapidly changing lifestyle of consumers and growing internet penetration in developing countries, including China, India, Brazil, and Argentina

The surface disinfectants industry size in North America exceeded USD 1.8 billion in 2020 and will witness a CAGR of around 8% through 2027 impelled by the higher healthcare spending and surging health and hygiene awareness among consumers amid the COVID-19 pandemic.

Surface Disinfectants Market Scope

  • Surface Disinfectants Market Size
  • Surface Disinfectants Market Analysis
  • Surface Disinfectants Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 15
    • Tables & Figures: 378
    • Countries covered: 20
    • Pages: 260
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