Surface Disinfectant market projected to reach $10.3 billion by 2032, driven by healthcare demand.
From GlobeNewswire: 2024-12-14 09:00:00
The Surface Disinfectant Market is projected to reach $10.3 billion by 2032, growing at a CAGR of 7.5%. Demand is fueled by hygiene awareness, healthcare infections, and government regulations. Companies like Diversey and SC Johnson are innovating with new products, while research shows alcohol-based disinfectants are effective against emerging pathogens.
The market is competitive with key players like 3M, Ecolab, and Clorox offering a range of disinfectant products. Market segments include composition, form, end-use, and distribution channel. Rising healthcare infections and government regulations are driving market growth, with a focus on efficient surface disinfection solutions.
Factors driving the Surface Disinfectant market include sanitation focus in healthcare, food sector hygiene investments, and increased awareness post-COVID-19. Healthcare leads with 40% adoption, followed by food and beverage at 25%, residential and commercial spaces at 20%, and retail and wholesale stores at 15%. Eco-friendly disinfectants and EU regulations further boost market growth.
In 2023, hospitals and clinics dominated the Surface Disinfectant market with a 40% market share. Alcohol-based and hydrogen peroxide-based disinfectants are common in healthcare settings due to their effectiveness against bacteria, viruses, and fungi. Recent developments include SC Johnson’s FamilyGuard Brand and Medline’s partnership for UV disinfection in healthcare.
North America led the Surface Disinfectant market in 2023 with a 40% market share, driven by advanced healthcare infrastructure and increased disinfectant use post-COVID-19. The region’s high consumer awareness of hygiene and strong demand for disinfectants in public areas and food service industries contribute to market growth. The Surface Disinfectant Market is set for significant growth, driven by product innovations and increased demand for hygiene solutions in various sectors. Government regulations on cleanliness and infection control have further boosted the market in this region. The market’s growth is fueled by rising adoption in healthcare, food safety, and increased consumer awareness on health and cleanliness.
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