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Shibuya-ku, Tokyo, Japan, Japan, Apr 28, 2022, 01:33 /Comserve / -- The antiseptic wipes market by revenue is expected to grow at a CAGR of over 18% during the period 2022–2031.
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.
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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.
The following factors are likely to contribute to the growth of the antiseptic wipes market during the forecast period:
• Growing Awareness for Antiseptic Products
• Increasing Healthcare Expenditure
• Consumer Interest in Consumer Eco-friendly Products
• Increasing Prevalence of Diseases
The study considers the present scenario of the antiseptic wipes market and its market dynamics for the period 2022−2031. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Antiseptic Wipes Market Segmentation
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.
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Alcohol antiseptic wipes are largely used in grocery and convenience stores, food services, restaurants, physician offices, nursing stations, long-term nursing care, mobile healthcare workers, fitness facilities, and workplaces, among others. The growth of the market is attributed to the high demand and versatile application of these products in the healthcare sector. North America is expected to account for a high revenue share during the forecast period. There is a high demand for these wipes for maintaining personal hygiene and household disinfection and sterilization in the region. Alcohol-based sanitizer products are flammable due to the high alcoholic content. These can also help the fire spread. These factors are likely to hamper the growth of the alcohol wipes market.
Antiseptic wipes aid in the reduction of hospital-acquired infections and surgical site infections. They are also used to clean medical devices before procedures to maintain aseptic conditions. The Americas is expected to dominate the global antibacterial wipes market. This is owing to the increasing prevalence of patients suffering from chronic illness with a rising number of hospital admissions for surgical procedures. Also, high healthcare spending, well-developed technology, and increasing geriatric population are some factors that are expected to drive growth in the region.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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