The disinfectant spray market refers to the demand for sprays that are used to kill or eliminate harmful microorganisms, such as bacteria and viruses, on surfaces. These sprays are used in various applications, including healthcare, food and beverage, hospitality, and households. The market is driven by the increasing concerns over the spread of infectious diseases and the need for a quick and effective way to sanitize surfaces
Disinfection spray sales are anticipated to increase as a result of the COVID-19 epidemic’s spike in demand for hygiene and disinfectant goods. By 2020, the market is projected to reach US$ 850 Mn and expand 1.3 times annually. Due to improved healthcare facilities and a rise in household purchasers, the worldwide disinfectant spray market has experienced growth over the years. The entire sales of disinfectant spray are predicted to increase at a CAGR of over 14% over the long-term projection period as customers switch from traditional sales routes to social distance and non-contact sales channels (2020-2030).
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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 :
- Aerosol
- Non-aerosol
- 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
- 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