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Medical Disinfectant Wipes Market 2024 Analysis By Size, Share, Growth, Trends Up To 2033
Medical Disinfectant Wipes Global Market Report 2024
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According to The Business Research Company's, The medical disinfectant wipes market size has grown strongly in recent years. It will grow from $6.21 billion in 2023 to $6.73 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to infection control, hospital-acquired infections, regulatory compliance, healthcare worker safety, global health preparedness.
The medical disinfectant wipes market size is expected to see strong growth in the next few years. It will grow to $9.5 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to adoption of telehealth services, customized formulations, resilient supply chains, supply chain diversification, emerging pathogens. Major trends in the forecast period include sustainability and eco-friendly products, technological advancements in disinfectant wipe, eco-friendly disposal, antiviral and antimicrobial wipes, smart packaging.
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Market Drivers and Trends:
The rise in expenditure on personal hygiene is expected to propel the growth of the medical disinfectant wipes market going forward. Personal hygiene refers to the process of maintaining the cleanliness of one's body and clothing to preserve overall health and well-being. Medical disinfectant wipes restrict the possibility of cross contamination or excessive use of unclean clothes. Furthermore, they provide cleaning with rapid kill times, ensuring that surfaces are cleaned quickly. The rise in expenditure towards personal hygiene helps the medical disinfectant wipes market to provide better service to customers. For instance, in September 2022, according to a survey conducted by Citron Hygiene, a Canada-based provider of washroom hygiene services, pre-pandemic just 11% of people washed their hands for the required 18-20 seconds (the duration of the song Happy Birthday), but during the pandemic, that number increased to 25%. Moreover, 67% of individuals feel the coronavirus epidemic has increased their fear of germs and awareness of hygiene. Therefore, the rise in expenditure on personal hygiene is driving the demand for the growth of the medical disinfectant wipes market.
New product innovation is a key trend gaining popularity in the medical disinfectant wipes market. Major companies operating in the medical disinfectant wipes sector are focused on developing advanced products to strengthen their market position. For instance, in January 2021, PDI Healthcare, a US-based healthcare company, introduced Sani-Cloth Bleach Clinical Size Wipe, which is a new disinfecting wipe that is ideal for cleaning smaller medical equipment. This clinical wipe utilizes a Sani-Cloth Bleach formulation that can deactivate almost 50 different microorganisms. This is ideal for disinfecting different medical equipment and reducing unnecessary waste.
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Major Key Players of the Market:
CleanWell LLC, Crosstex International Inc., DrDeppe GmbH, Kimberly-Clark Corporation, Metrex Research LLC, Micro-Scientific, Parker Laboratories Inc., PDI Healthcare Inc., Reckitt Benckiser Group plc, SANITEX LLC, Steris Corporation, Sunshine Global LLC, The Claire Manufacturing Company, The Clorox Company, 3M Company, Cantel Medical, Certol International LLC, Contec Inc., EcoHydra Technologies Ltd., Ecolab Healthcare, Eco-Med Pharmaceuticals, Evoqua Water Technologies Corp., GAMA Healthcare Ltd., GOJO Industries Inc., Healthlink World Wide, Mada Medical Products Inc., Medical Chemical Corporation, Micro-Scientific LLC, Pal International Ltd., Parker Laboratories Inc., PDI Healthcare, Procter & Gamble (P&G), Professional Disposables International (PDI), The S.C. Johnson & Son Inc., Weiman Products LLC, Wexford Laboratories Private Limited
Medical Disinfectant Wipes Market 2024 Key Insights:
• The medical disinfectant wipes market size is expected to see strong growth in the next few years. It will grow to $9.5 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
• Growing Emphasis On Personal Hygiene Fuels The Medical Disinfectant Wipes Market
• Product Innovations Transforming The Medical Disinfectant Wipes Market
• North America was the largest region in the medical disinfactant wipes market in 2023
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