Toll Free : + 1-888-961-4454 | Int'l : + 91 (788) 802-9103 | support@researchdive.com
LI20101549 |
Pages: 389 |
Oct 2023 |
Surface Disinfectant Overview
Surface disinfectant is a chemical solution used to clean, remove or reduce microorganisms on various surfaces. It is commonly used to disinfect counters, tables, floors, and medical equipment. Surface disinfectants contain active ingredients with antibacterial properties to fight bacteria, viruses, and fungi. Common active ingredients include quaternary ammonium compounds, alcohols, chlorine, peroxy, and phenolics. Surface disinfectants come in various shapes, such as splashes, wipes, liquids, or concentrates. Following the manufacturer’s instructions for proper use, including recommended contact time and safety precautions, is crucial. However, it is important that surface disinfectants should not be used on the skin as they can be harmful.
Global Surface Disinfectant Analysis
The global surface disinfectant market size was $5.50 billion in 2022 and is predicted to grow with a CAGR of 6.8%, by generating a revenue of $10.15 billion by 2032.
COVID-19 Impact on Global Surface Disinfectant Market
The COVID-19 pandemic has had a profound impact on the surface disinfectant market. With increased emphasis on hygiene and cleanliness to combat the spread of the virus, the demand for surface disinfectants has surged. This heightened awareness has led to a shift in consumer behavior, with individuals and households prioritizing regular cleaning and sanitization. Various sectors, including healthcare, hospitality, transportation, and retail, have adopted stricter disinfection protocols, further driving the demand for surface disinfectants. Manufacturers have introduced new products marketed explicitly as effective against COVID-19, and governments have implemented more stringent regulations and guidelines for disinfectants. This increased demand for surface disinfectants has led to market growth and the entry of new players. Existing manufacturers increased their production capacity and new companies entered the market to take advantage of the growing demand. In addition, competition within the industry has intensified.
Increasing Focus on Hygiene and Infection Control to Drive the Market Growth
The surface disinfectant market is driven by several key factors. Firstly, there is a growing emphasis on hygiene and infection control, increasing the demand for surface disinfectants in various sectors. Healthcare facilities, food processing industries, and public spaces focus on maintaining clean and safe environments. Rising healthcare expenditure and concerns about healthcare-associated infections (HAIs) have also fueled the demand for surface disinfectants in the healthcare sector. Governments and regulatory bodies have implemented stringent regulations and guidelines, further driving the market as businesses strive to comply with these standards. Outbreak of infectious diseases, such as COVID-19, have also increased the need for effective disinfection practices, resulting in a surge in demand for surface disinfectants. Technological advancements in disinfectant formulations and delivery systems have positively impacted the market, offering more efficient and eco-friendly options. Furthermore, the convenience of e-commerce and online retail platforms has made surface disinfectants more accessible to consumers. The growing demand from end-use industries and the emergence of environmentally friendly solutions have further contributed to the expansion of the market.
Stringent Regulations and Compliance to Restrain the Market Growth
Several factors are likely to restrain the growth of the surface disinfectant market. One such factor is market saturation, as numerous products and manufacturers can make it difficult for new entrants to establish themselves and compete effectively. Additionally, regulatory bodies impose stringent regulations, and compliance requirements can be costly and time-consuming for manufacturers, particularly smaller companies. Price sensitivity among consumers and end-users is another restraining factor, as some surface disinfectants can be expensive, leading cost-conscious customers to seek cheaper alternatives or reduce their usage. Growing concerns about health and the environment also play a role, as customers increasingly demand eco-friendly and less toxic disinfectant solutions. Furthermore, competition from substitutes such as steam cleaners, U.V. light devices, and antimicrobial coatings poses a challenge to traditional surface disinfectants.
Increasing Awareness in the Commercial Sector to Drive Excellent Opportunities
The surface disinfectant market is experiencing significant growth, driven by various opportunities. One of the key opportunities lies in the healthcare sector. This is because surface disinfectants are highly used for infection control in hospitals, clinics, and other healthcare facilities. The ongoing focus on reducing healthcare-associated infections presents a significant opportunity for surface disinfectant manufacturers. Additionally, the commercial sector, including offices, schools, and public places, is progressively aware of the significance of maintaining a clean environment, leading to rising demand for surface disinfectants. Technological advancements in disinfectant formulations and packaging and the emergence of e-commerce platforms also contribute to the market’s growth.
Global Surface Disinfectant Market Share, by Composition, 2022
The chemical sub-segment accounted for the highest market share in 2022. Chemical disinfectants have dominated the surface disinfectant market due to several key factors. Firstly, their adequacy in killing or inactivating a wide range of microorganisms, including microbes, viruses, and fungi, has been well-established. Secondly, chemical disinfectants offer flexibility in application and are accessible in different forms such as liquids, sprays, wipes, and foams.
Moreover, chemical disinfectants have a long-standing history of utilization and have effectively controlled the spread of infectious diseases. Moreover, they are easy to use, with clear instructions provided on product labels and quick contact times for rapid action. Cost-effectiveness also plays a role, as chemical disinfectants are generally affordable and accessible to many users.
Global Surface Disinfectant Market Share, by Form, 2022
The liquid sub-segment accounted for the highest market share in 2022. Liquid disinfectants have gained popularity in the surface disinfectant market due to their effectiveness, ease of use, versatility, product variety, and familiarity. They have been widely recognized for their ability to kill or inactivate various pathogens on different surfaces, making them the preferred choice for daily disinfection in homes, healthcare facilities. and commercial environment. Liquid disinfectants are convenient to apply and distribute, allowing easy and efficient coverage on different surfaces. With a diverse range of formulations, concentrations, and active ingredients available, users can select products that cater to their specific needs and preferences. Over time, liquid disinfectants have established trust and familiarity among consumers and professionals, further solidifying their dominance in the market.
Global Surface Disinfectant Market Share, by Application, 2022
The in-house sub-segment accounted for the highest market share in 2022. In-house sector has dominated the surface disinfectant market through several key strategies. First, manufacturers of in-house surface disinfectants have been able to generate very effective disinfectants that outperform competitors' offers due to their commitment to product innovation. Their products boast unique features, improved efficacy, and environmentally friendly formulations, setting them apart. Moreover, in-house sector offers extensive surface disinfectant products, catering to diverse customer needs across various industries. Their versatility and ability to target specific sectors such as healthcare, hospitality, and households have further solidified their dominance. Effective marketing campaigns, including targeted promotions and educational content, have created brand awareness and driven customer preference. Lastly, in-house sector demonstrates compliance with regulatory standards, building trust and confidence in their products.
Global Surface Disinfectant Market Share, by End-Use, 2022
The hotel/restaurants/cafes sub-segment accounted for the highest market share in 2022. The hospitality industry, such as hotels, restaurants, and cafes, significantly impacts the surface disinfectant market. These organizations have recognized the need to maintain a clean atmosphere for the safety and health of their guests and consumers; hence their focus on cleanliness and hygiene has increased. Consumers now have higher expectations regarding cleanliness standards and demand businesses in the hospitality sector to prioritize hygiene. Hotels, restaurants, and cafes have implemented enhanced cleaning protocols to meet these expectations, including frequent disinfection of high-touch surfaces. Collaborating with disinfectant suppliers ensures a reliable supply of suitable products that meet industry standards. Training programs and education for staff members contribute to proper use of disinfectants, ensuring compliance with safety guidelines.
Global Surface Disinfectant Market Share, by Region, 2022
The North America surface disinfectant market generated the highest revenue in 2022. North America has established dominance in the surface disinfectant market due to various factors. Technological advancements have enabled the region to develop advanced disinfectant products, meeting evolving market demands. Stringent regulatory standards in North America, especially in the healthcare, food processing, and pharmaceutical industries, are driving demand for high-quality surface disinfectants. North America's established healthcare industry, focused on infection control, has created a significant need for effective disinfectants in hospitals, clinics, and other healthcare facilities. Additionally, increasing hygiene awareness among North American consumers has increased the demand for surface disinfectants in residential, commercial, and public spaces. The region’s large market size, coupled with a competitive market landscape, further contribute to North America’s dominance in the surface disinfectant market.
Competitive Scenario in the Global Surface Disinfectant Market
Investment and agreement are common strategies followed by major market players. Some of the leading surface disinfectant market players are PDI, Inc., GOJO Industries, Inc., W.M. Barr, Spartan Chemical Company, Inc., W.W. Grainger, Inc., Carenowmedical, Reckitt Benckiser Group PLC, PaxChem Ltd., BODE Chemie GmbH, Star Brands Ltd., The 3M Company, Ecolab, and Procter & Gamble.
| Aspect | Particulars |
| Historical Market Estimations | 2020-2022 |
| Base Year for Market Estimation | 2022 |
| Forecast Timeline for Market Projection | 2023-2032 |
| Geographical Scope | North America, Europe, Asia-Pacific, and LAMEA |
| Segmentation by Composition |
|
| Segmentation by Form |
|
|
Segmentation by Application
|
|
| Segmentation by End-Use
|
|
| Key Companies Profiled |
|
* Taxes/Fees, If applicable will be added during checkout. All prices in USD.
Have a question ?
Enquire To BuyNeed to add more ?
Request Customization