MARKET OUTLOOK
Research by Triton shows that the Asia-Pacific disinfectant sprays and wipes market will be fast progressing at a CAGR of 7.46% in terms of revenue over the forecast period of 2019-2028. India, China, Japan, South Korea, Australia & New Zealand, ASEAN countries, and Rest of APAC together form the market in this region.
South Korea also seems promising for the development of the disinfectant sprays and wipes market. It offers significant growth opportunities to vendors operating in this space. The growing prevalence of infectious diseases and the rise in health & hygiene awareness in public are expected to raise the demand for disinfectant sprays and wipes in the country. This is fuelling the growth of the South Korean disinfectant sprays and wipes market.
Healthcare-associated infections (HAI) in India have been on the rise since the past few years. The primary reason for the rise in the prevalence of these infection cases is the lack of compliance with various infection-control guidelines. The growing infections have also raised the mortality and morbidity rates in patients. Strict adherence to the set guidelines is necessary to bring the situation under control, and one of the measures to do so is to curb the spread of infection. Containing the spread of HAIs is also a major challenge for healthcare professionals. Thus, the adoption of disinfectant products for controlling infection spread in healthcare facilities has increased. This rising adoption of disinfectant products is aiding the growth of India’s disinfectant sprays and wipes market.
COMPETITIVE OUTLOOK
Some of the companies present in this market are 3M Company, Stryker, Lonza, Stepan Company, Cantel Medical, Ecolab, Unilever, and Procter & Gamble (P&G).