The disinfectant spray market refers to the demand for sprays used to destroy or eradicate hazardous germs on surfaces, such as bacteria and viruses. These sprays are utilised in a variety of applications such as healthcare, food and beverage, hospitality, and domestic cleaning. The industry is being pushed by growing worries about the transmission of infectious illnesses, as well as the demand for a rapid and effective solution to sanitise surfaces.
Sales of disinfectant sprays are expected to rise as a result of the COVID-19 epidemic’s surge in demand for hygiene and disinfection products. The market is expected to reach $850 million by 2020 and grow at a rate of 1.3 times each year. The global disinfectant spray market has grown over the years as a result of better healthcare facilities and an increase in home purchasers. Over the medium term forecast period (2020-2030), total disinfectant spray sales are expected to expand at a CAGR of more than 14% as customers shift from traditional sales routes to social distance and non-contact sales channels.
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Global Disinfectant Spray Market: In-Depth Assessment on Key Segments
The global disinfectant spray market is segmented on the basis of formulation, delivery system, pack size, application, sales channel, and region.
- By Formulation :
- Sodium Hypochlorite
- Phenols
- Quaternary Ammonium Compounds
- Hydrogen Peroxide
- Peracetic Acid
- Biguanides
- Amphoterics
- Aldehydes
- By Delivery System :
- By Pack Size :
- Up to 200 ml
- 201 ml – 400 ml
- 401 ml – 600 ml
- More than 600 ml
- By Application :
- Hospitals & Clinics
- Offices / Commercial
- Schools & Universities
- Manufacturing & Industrial
- Households
- Other Applications
- By Sales Channel :
- Direct Sales
- Hypermarkets / Supermarkets
- Retail & Convenience Stores
- Pharmacies & Drug Stores
- Online Sales
- Wholesaler & Distributors
- Other Sales Channels
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Key Takeaways of Global Disinfectant Spray Market:
- Aerosol disinfectant spray products account for over 6 out 10 sales of disinfectant sprays worldwide and are expected to create an absolute dollar opportunity of ~US$ 1,650 Mn during forecast period
- The hospitals & clinics segment holds ~40% share owing to the extensive use of disinfectant products and huge patient traffic in hospitals & clinics
- Against the prevailing scenario, retail & convenience stores and online channels are expected to grow at a CAGR of ~15% and ~18% respectively over the short-term forecast period owing to changing purchasing patterns of buyers
- The global disinfectant market is estimated to showcase a fragmented market structure and is set to provide remunerative market opportunities to the existing market actors, new entrants and key investors across the globe
Key Question answered in the Survey of Disinfectant Spray market Report By Fact.MR
- Post COVID consumer spending on Disinfectant Spray market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
- Disinfectant Spray market Merger and acquisition activity: Fact.MR’s analysis also includes merger & acquisition activity analysis. Disinfectant Spray market manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
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Disinfectant Spray Market demand by country: The report forecasts Disinfectant Spray demand by country, giving business leaders the insights to know fast-growing, stable, and mature markets