Asia Pacific Medical Disinfectant Wipes Market Size & Outlook
Asia Pacific medical disinfectant wipes market, 2016-2028 (US$M)
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Asia Pacific medical disinfectant wipes market highlights
- The Asia Pacific medical disinfectant wipes market generated a revenue of USD 1,172.5 million in 2020.
- The market is expected to grow at a CAGR of 6.5% from 2021 to 2028.
- In terms of segment, surface disinfectant wipes was the largest revenue generating type in 2020.
- Hydrogen Peroxide Disinfectant Wipes is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 1,172.5 million |
| Market revenue in 2028 | USD 1,938.8 million |
| Growth rate | 6.5% (CAGR from 2020 to 2028) |
| Largest segment | Surface disinfectant wipes |
| Fastest growing segment | Hydrogen Peroxide Disinfectant Wipes |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Germicidal Disposable Wipes, Surface Disinfectant Wipes, Hydrogen Peroxide Disinfectant Wipes |
| Key market players worldwide | 3M Co, Reckitt Benckiser Group PLC, Kimberly-Clark Corp, Danaher Corp, Clorox Co, PIMCO Dynamic Income, Maxil Technology Solutions, Micro-Scientific, Sunshine Global, Crosstex International |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.8% of the global medical disinfectant wipes market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,938.8 million by 2028.
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Medical Disinfectant Wipes Market Scope
Medical Disinfectant Wipes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical disinfectant wipes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical disinfectant wipes market will help companies and investors design strategic landscapes.
Surface disinfectant wipes was the largest segment with a revenue share of 64.03% in 2020. Horizon Databook has segmented the Asia Pacific medical disinfectant wipes market based on germicidal disposable wipes, surface disinfectant wipes, hydrogen peroxide disinfectant wipes covering the revenue growth of each sub-segment from 2016 to 2028.
The demand for medical disinfectant wipes is supported by multiple government initiatives that are aimed at encouraging the production and distribution of disinfecting wipes in the region, primarily due to the COVID-19 outbreak.
The most prominent commercial application of disinfectant wipes includes hospitals, clinics, nursing homes, and the overall medical industry. Countries like China and Japan witnessed a surge in new infections, which led to an increase in the adoption of sanitation measures to curb the spread of infections arising from hospitals.
This is expected to support the demand for medical disinfectant wipes in Asia Pacific. The growing preference for surface disinfectant wipes over conventional disinfectant sprays is attributing to market growth. Spraying disinfectants to sanitize hard surfaces can presents a risk to human eyes and can even cause respiratory diseases.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical disinfectant wipes market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical disinfectant wipes market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific medical disinfectant wipes market size, by country, 2016-2028 (US$M)
Asia Pacific Medical Disinfectant Wipes Market Outlook Share, 2020 & 2028 (US$M)
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