Disinfecting Cleaners Market Scope
The global disinfectant cleaners market is expected to grow at a significant rate during the forecast period, according to the AMA study. The growing demand from consumer applications, increasing demand for hygiene lifestyle, and high demand from different hospitals of different regions are expected to be some of the major factors aiding into the growth for the market. Moreover, the outbreak of COVID-19 pandemic has also proven to be the most demand boosting factor of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | EcoLab Inc. (United States), S. C. Johnson & Son, Inc (United States), The Clorox Company (United States), P&G (United States), Cantel Medical Corporation (United States), Metrex Research, LLC (United States), STERIS plc (Ireland), 3M (United States), Diversey (United States), Diamond Wipes International Inc (United States), Parker Laboratories, Inc (United States), PLZ Aeroscience Corporation (United States), Edgewell Personal Care (United States), Eisai Co., Ltd (Japan), Kimberly-Clark Corporation (United States) and Reckitt Benckiser (United Kingdom) |
CAGR | 9.2% |
The vendors in this market are majorly focusing on developing new & innovative products and solutions in order to cater to the market's demands to remain competitive in the highly fragmented global market. The new entry of vendors due to COVID-19 pandemic across the world is one of the major factor acting as a challenge for the existing market vendors. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Disinfecting Cleaners market throughout the predicted period.
EcoLab Inc. (United States), S. C. Johnson & Son, Inc (United States), The Clorox Company (United States), P&G (United States), Cantel Medical Corporation (United States), Metrex Research, LLC (United States), STERIS plc (Ireland), 3M (United States), Diversey (United States), Diamond Wipes International Inc (United States), Parker Laboratories, Inc (United States), PLZ Aeroscience Corporation (United States), Edgewell Personal Care (United States), Eisai Co., Ltd (Japan), Kimberly-Clark Corporation (United States) and Reckitt Benckiser (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Disinfecting Cleaners market by Type , by Application (Hospitals, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies and Others) and Region with country level break-up.
On the basis of geography, the market of Disinfecting Cleaners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2022, CloroxPro introduced Clorox EcoClean, a new line of eco-conscious cleaners and disinfectants.
In February 2020, Procter & Gamble announced that it has launched a new brand which can disinfect without wiping i.e. Microban 24, a line of surface antibacterial cleaning products that kills bacteria for 24 hours and comes in both sanitizing spray and cleanser forms and as a bathroom cleaner
Stringent Government Regulations Regarding the Lockdown of Different Cities Creating Economic Challenges for Market Due to Lack of Transportation, Production, and Supply Chain Infrastructure
Influencing Trend:
The Outbreak of COVID-19 is Expected to Boost the Demand of the Market
Market Growth Drivers:
Growing Demand from Consumer Applications, Increasing Demand for Hygiene Lifestyle if Propelling the Demand for Hand Sanitizing Tissues and High Current Demand from Hospitals to Ensure Cleanliness & Hygiene Inside the Clinic Premises to Ensure the Safety & Security of Patients from Diseases
Challenges:
Entry of New Local Market Vendors
Restraints:
High Demand & Supply Gap As Per Current Situation
Opportunities:
Opportunities in the Asia Pacific Region Propelled by the Countries such as China & India
Analyst View
According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major driving factors for the vendors of this market as the consumer preference towards disinfective or sanitizing wipes & tissue products have been increased with such a rapid pace that the manufacturers in this market are also facing the demand & supply gaps due to lack of transportation facilities to supply the products to the consumers.