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Surface Disinfectant Market
The Surface Disinfectant Market was valued at USD 4,321 million in 2020 and is anticipated to reach USD 6,939 million in 2028, exhibiting a CAGR 6.1% over the forecast period (2021-2028).
The factors driving the growth of Surface Disinfectant Market includes increasing consciousness amongst consumers on maintaining personal hygiene, rapid expansion of the healthcare industry and increasing demand for environment friendly surface disinfectants. According to the report published by Bloomberg, the Global Home Healthcare Market is expected to reach USD 545.1 billion by the end of 2028, growing at a CAGR of 7.88% during the forecast period (2021-2028), which is expected to boost the demand for surface disinfectant products in the approaching years. Moreover, the increasing geriatric population, rising number of chronic disorders and technological advancements in the surface disinfectant products, are some of the additional factors augmenting the Global Surface Disinfectant Market. In addition, the increasing number of fitness clubs and gyms, growing emphasis on research and development related activities and rising use of sodium hypochlorite in surface disinfectant products, are further propelling the Surface Disinfectant Market size.
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However, the growth of Surface Disinfectant Market is hindered due to the harmful effects of the chemicals present in the surface disinfectants.
The leading players operating in the market are Cantel Medical, PAUL HARTMANN AG, Diversey Holdings LTD., Procter & Gamble, The Clorox Company, CARROLLCLEAN, STERIS, PDI Inc., 3M and Reckitt Benckiser Group PLC among others.
Product Type – Segment Analysis
As per the Surface Disinfectant Market Research, the Bio-based segment is expected to grow at a remarkable CAGR during the forecast period because it reduces the risks of diseases and provides natural fragrant smell at a low cost.
Application – Segment Analysis
Based on Application, the In-house segment is projected to hold at a significant share over the forecast period attributed to its increasing application in households regular cleaning activities and disinfecting interiors.
Regional – Segment Analysis
According to the Global Surface Disinfectants Market Trends, the North American region is predicted to capture a sizeable market share over the forecast period. The increasing number of chronic diseases, Government’s expenditure on healthcare industry, rising investments by local players on research and development related activities, Improvements in the living standards, growing emphasis on maintaining health and hygiene and high per capita incomes, are some of the important factors boosting the market growth in North America.
Market Segmentation
Global Surface Disinfectant Market by Product Type
Chemical
Biobased
Global Surface Disinfectant Market by Form
Liquid
Wipes
Sprays
Global Surface Disinfectant Market by Application
In-House
Instruments
Others
Global Surface Disinfectant Market by End-Use
Hospitals
Laboratories
Households
Industrial
Commercial
Global Surface Disinfectant Market by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
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