NEWARK, Del, Dec. 18, 2023 (GLOBE NEWSWIRE) -- In 2024, the surface disinfectant market is projected to be valued at US$ 8,095.5 million globally. By 2034, the surface disinfectant market is anticipated to grow to a value of around US$ 39,419.3 million. Surface disinfectant sales are projected to grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2034 worldwide.
The constant requirement for efficient surface disinfection solutions has been highlighted after the emergence of novel pathogens and communicable diseases. The strengthened regulations to keep environments safe and clean for the health of the general public are driving the demand for surface disinfectants globally.
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Because microorganisms are very adaptable, there is always a greater need for research and development by industries to come up with new formulations and products. A shift in culture toward cleanliness with growing consumer knowledge of hygiene practices has increased the need for surface disinfectants as a regular preventive treatment in homes, workplaces, and public areas.
“Environmental hygiene became a top priority for consumers, companies, and healthcare facilities after the outbreak of Covid-19 leading to an increased usage of disinfectants worldwide. The constant need for surface disinfectants in the following years has fueled the importance of establishing disinfectant chemical industries in new localities,” opines Sabyasachi Ghosh, Associate Vice President at Future Market Insights (FMI).
Key Takeaways from the Global Surface Disinfectant Market Study Report:
- The surface disinfectant industry in the United States dominates the global market and is poised to advance at a moderate 7.7% CAGR through 2034.
- The demand for surface disinfectant products in the United Kingdom is anticipated to rise at a CAGR of 11.1% during the forecasted years.
- China holds a greater share of the surface disinfectant production in whole Asia and the regional market is poised to grow at a 22.3% CAGR through 2034.
- India is emerging as a highly lucrative market for global surface disinfectant manufacturers, with an impressive CAGR of 25.7% over the forecast period.
Competitive Landscape
The market for surface disinfectants is highly competitive owing to the presence of several global and regional disinfectant chemical manufacturers and suppliers. The proliferation of eCommerce and online shopping channels has resulted in a rise in sales of surface disinfectants, which is also responsible for the growing competition among global players with extensive supply chains.
Surface Disinfectant Market Size:
| Attribute | Details | ||
| Estimated Market Size (2024) | US$ 8,095.5 million | ||
| Projected Market Size (2034) | US$ 39,419.3 million | ||
| Anticipated Growth Rate (2024 to 2034) | 17.2% | ||
| Forecast Period | 2024 to 2034 | ||
| Historical Data Available for | 2019 to 2023 | ||
| Market Analysis | US$ million or billion for Value and Units for Volume | ||
| Key Regions Covered | North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania | ||
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa | ||
| Key Segments Covered | By Product Type, By Form Type, By End User Verticals and By Region | ||
| Key Companies Profiled |
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Surface Disinfectant Market Segmentation:
By Product Type:
- High-level
- Low-level
- Intermediate Level
By Form Type:
- Liquid
- Gel & Lotions
- Wipes
- Spray & Foams
By End User:
- Hospitals
- Dental Clinics
- Ambulatory Surgical Centers
- Diagnostic Laboratories
- Reference Laboratories
- Rehabilitation Centers
- Long-Term Care Centers
- Critical Care Centers
- Pharmaceutical & Biotechnology Companies
- Academics & Research Institutes
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East and Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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