Surface Disinfectant Market by Composition (Bio, Chemical), Type (Liquids, Sprays, Wipes), Distribution, End-User - Global Forecast 2024-2030

Surface Disinfectant Market by Composition (Bio, Chemical), Type (Liquids, Sprays, Wipes), Distribution, End-User - Global Forecast 2024-2030

The Surface Disinfectant Market size was estimated at USD 1.10 billion in 2023 and expected to reach USD 1.21 billion in 2024, at a CAGR 10.70% to reach USD 2.24 billion by 2030.

A surface disinfectant refers to an agent that eliminates, incapacitates, or significantly reduces the concentration of harmful pathogens such as bacteria, viruses, and fungi on inanimate surfaces and objects. Typically, these agents are used to ensure a hygienic environment and to prevent the transmission of infectious diseases, which can be found in a variety of forms, including sprays, wipes, and concentrates. A heightened focus on cleanliness and health consciousness, spurred on by recent global health emergencies, is propelling the demand for surface disinfectants. Moreover, increased healthcare spending, advancements in disinfecting technologies, and higher disposable incomes also contribute to the expansion of the surface disinfectant market. However, the market faces challenges such as stringent regulations on product composition and use, potential health risks from certain disinfectants, and volatile raw material costs. Besides, restraining factors, exploring safe, effective, and eco-friendly alternatives to chemical disinfectants, such as UV technology or plant-based solutions are creating potential future scope for the market. Developing products capable of combating resistant microbe strains also offers considerable growth prospects.

Regional Insights

In the Americas, the surface disinfectant market exhibits robust growth, with a heightened awareness of hygiene. The U.S., being the largest economy, contributes a substantial revenue share, mainly driven by a high demand for cleaning and disinfection products in healthcare facilities, households, and commercial spaces. The surface disinfectant market in EMEA is witnessing steady progress, driven by advanced healthcare infrastructure and stringent cleanliness regulations in numerous sectors. Additionally, the Middle East and Africa region is expected to have a higher growth rate in the near future, buoyed by increasing healthcare expenditures and international health standard regulations. The Asia-Pacific market showcases the immense potential for growth in the surface disinfectants sector owing to rapidly developing economies, such as China and India, coupled with the growing awareness about hygiene and increasing healthcare spending.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Surface Disinfectant Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rising prevalence of several infectious diseases globally
• Growing awareness programs by government and private organizations for home disinfection
• Increasing prevalence of healthcare-associated infections (HAIs)

Market Restraints

• High cost of development of surface disinfectant

Market Opportunities

• Growing advancements in the development of surface disinfectants
• Rising availability of surface disinfectants across online platforms

Market Challenges

• Certain risks associated with the usage of surface disinfectant

Market Segmentation Analysis

• Composition: Inclining shift toward green technology progresses the demand for bio-derived disinfectants
• Type: Widespread adoption of liquid disinfectants for rigorous sanitization requirements
• Distribution: Growing popularity of online distribution channels owing to convenience and wider variety of products
• End-User: Higher demand for effective surface disinfectants in diagnostic labs and hospital settings for swift-cleaning owing to their fast-paced nature

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Surface Disinfectant Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Surface Disinfectant Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Godrej Launches Ready to Mix Floor Cleaner

Godrej Consumer Products Limited has launched Godrej Magic Floor Cleaner, a unique ready-to-mix floor cleaner. which significantly reduces the cost of floor cleaners by approximately one-third in Maharashtra. This new product by Godrej provides the protection of superior disinfectant floor cleaners at the price of phenyl, making it an ideal and affordable option for households.

SC Johnson Launches New FamilyGuard Brand Disinfectant Line

S. C. Johnson & Son, Inc. has introduced the FamilyGuard brand, a range of disinfectant formulas aimed at safeguarding families from germs on hard and non-porous surfaces. The FamilyGuard brand disinfectant spray and disinfectant cleaner have been specifically formulated to effectively eliminate 99.9% of germs when used correctly on hard, non-porous surfaces.

V-Wholesalers Launches Lift, a Plant-Derived Multi-Surface Cleaner

V-Wholesalers has introduced its Lift, a plant-based and non-toxic multi-surface cleaner. This surface disinfectant is formulated with all-natural ingredients that can be used to clean various surfaces, including fabric, stainless steel, and mechanical equipment, among others.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Surface Disinfectant Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Surface Disinfectant Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Cantel Medical Corporation, CarroLLClean, Diversey Holding Ltd., Ecolab Inc., Gojo Industries, Inc., Johnson & Johnson, Metrex Research, LLC, Procter & Gamble Company, Reckitt Benckiser Group PLC, STERIS PLC, The Clorox Company, and Whiteley Corporation.

Market Segmentation & Coverage

This research report categorizes the Surface Disinfectant Market to forecast the revenues and analyze trends in each of the following sub-markets:

Composition

Bio

Chemical

Alcohols

Aldehydes

Ammonium Compounds

Chlorine Compounds

Oxidizing Agents

Phenolics

Type

• Liquids
• Sprays
• Wipes
• Distribution
• Offline Mode
• Online Mode
• End-User
• Diagnostic Laboratories
• Domestic-Use
• Hospital Settings
• Pharmaceutical & Biotechnology Companies
• Research Laboratories

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year