Analysis of the Worldwide Market for Antiseptic Wipes to 2025 - Increasing Healthcare Expenditure Presents Opportunities

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Jun 26, 2020, 17:15 ET

DUBLIN, June 26, 2020 /PRNewswire/ -- The "Antiseptic Wipes Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The antiseptic wipes market by revenue is expected to grow at a CAGR of over 18% during the period 2019-2025.

The global antiseptic wipes market is expected to experience significant growth over the forecast period owing to the increasing number of surgical procedures across the globe. Increasing healthcare expenditure alongside recurrent surgeries and readmissions has led to the demand for skin cleansing practices in a preoperative way, which, in turn, fueled the growth of the market. A gradual increase in the geriatric population alongside the rising prevalence of dementia, cancer, and diabetes has triggered the growth of the market.

Another important factor affecting the growth of antiseptic wipes is the eruption of coronavirus. The Centers for Disease Control and Prevention (CDC) in the US has recommended cleaning hands and high-touch surfaces with alcohol-based hand sanitizers, disinfectant sprays, or antibacterial wipes with 60% or more alcohol to prevent the spread of COVID-19, SARS-COV-2 in homes and residential communities. According to the CDC, alcoholic sanitizer products are effective against SARS coronavirus if they contain a minimum of 60% of isopropyl or ethyl alcohol. It has increased the demand for alcohol wipes in the market.

Key Questions Answered?

What is the market size and CAGR of the antiseptic wipes market?
What are the factors impacting the growth of the antibacterial wipes market size?
What is the growth momentum of the antiseptic wipes market in the healthcare segment by 2025?
Who are the prominent players in the wet wipes industry, and how are their market shares growing during the forecast period?
What are the factors implicating North America and Europe antiseptic wipes market growth during the forecast period?
What is the impact of the COVID-19 pandemic on the market during 2020?

This research report includes a detailed segmentation by fabric, formulation, application, end-user, and geography. The synthetic segment is growing at the highest CAGR during the period 2019-2025. Features such as high absorbance and softness of the fabric designed explicitly for skin application is driving the product demand.

These products are lightweight, heat resistant, highly absorbent, and soft. The softness of the fabric plays a major role in driving the commercial application of the product, especially for cleaning screens and gadgets along with delicate glass equipment. Synthetic fiber-based antiseptic wipes are cost-effective, and thus, they are widely used for several applications in healthcare, industrial, entertainment, commercial, and residential sectors. Hence, these factors are driving the demand for synthetic fiber-based products.

North America is witnessing continuous growth in antiseptic wipes. With the growing scale of hospitals across the region, the increasing flow of patients is a major factor leveling up the demand. The rise in the demand to follow hygienic conditions in hospitals and clinics to promote better services for patients is expected to increase growth opportunities. A growing number of surgeries is increasing the demand for antiseptics wipes. These products do not spread infections as they effectively work on arrest the growth of bacteria and viruses. Therefore, this is enhancing the share of the market in North America.

The global antiseptic wipes market is continuously growing with the growing hygiene consciousness among people. The antiseptic wipes market share is highly fragmented as a large number of vendors are present in the market. It has been witnessed that vendors are mostly focusing on the growth prospects in the fast-growing segments. The increasing number of surgical procedures worldwide is offering immense growth opportunities. The global market is dominated by vendors that have a global presence.

Several international players are expected to expand their presence worldwide during the forecast period, especially APAC and Latin America. The competition among these companies has intensified, leading to the introduction of many innovative and advanced solutions in the market. These players compete on various factors such as price, innovativeness, quality, product type, availability, brand, and variety. Besides, improving global economic conditions would fuel the growth of the market, making it an attractive time for the launch of new units.

Major Vendors

Edgewell Personal Care Company
Johnson & Johnson
Nice-Pak Products
Reckitt Benckiser
The 3M Company
Unilever Group

Other Prominent Vendors

B.Braun
ADVENTA Health
BD (Becton, Dickinson and Company)
Beitai Daily Chemical
Cardinal Health
Dynarex Corporation
Ecolab
Fisher Scientific
Fuyang Yangyang Health Technology
Haining Twowell Daily Commodity
Kimberly-Clark
LA Fresh
Kutol Products Company
Metrex
Novartis
Pharma C
Smith & Nephew
Shandong Star International Trading
Sage Products
Schlke & Mayr
Unicharm
Yeesain Health Technology
Zhanwang Biotechnology

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview

8 Impact Of COVID-19
8.1 Overview
8.2 Covid-19 Impact On Global Trade
8.3 Impact On Global Value Chain
8.4 Disruptions In Global Supply Chain

9 Market Opportunities & Trends
9.1 Rising Awareness of Antiseptic Products
9.2 Increasing Healthcare Expenditure
9.3 Consumer Interest in Consumer Eco-Friendly Products

10 Market Growth Enablers
10.1 Increasing Prevalence of Diseases
10.2 Growth in Government Initiatives
10.3 Increasing Health Conscious People

11 Market Restraints
11.1 Negative Effects of Antiseptic Products
11.2 Antiseptic Products Are Harmful For Environment
11.3 Growing Cost of Antiseptic Wipes

12 Market Landscape
12.1 Market Size & Forecast
12.2 Five Forces Analysis

13 Fabric
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Synthetic Fiber
13.4 Natural Fiber

14 Formulation
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Alcohols
14.4 Chlorhexidine
14.5 Iodine
14.6 Octenidine
14.7 Others

15 End-User
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Healthcare
15.4 Industries
15.5 Commercial
15.6 Residential

16 Application
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Pre-Surgical and Injectable Care
16.4 Skin and Hygiene Care

17 Distribution Channel
17.1 Market Overview

18 Geography
18.1 Market Snapshot & Growth Engine
18.2 Geographic Overview

19 North America

20 Europe

21 APAC

22 Middle East & Africa

23 Latin America

24 Competitive Landscape
24.1 Competition Overview

25 Key Company Profiles

26 Other Prominent Vendors

27 Report Summary
27.1 Key Takeaways
27.2 Strategic Recommendations

28 Quantitative Summary
28.1 Global Market
28.2 North America
28.3 Europe
28.4 APAC
28.5 Middle East & Africa
28.6 Latin America
28.7 Fabric
28.8 Formulation
28.9 End-User
28.10 APPLICATION

For more information about this report visit https://www.researchandmarkets.com/r/4v7y64

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