China Medical Disinfectant Wipes Market Size & Outlook
China medical disinfectant wipes market, 2016-2028 (US$M)
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China medical disinfectant wipes market highlights
- The China medical disinfectant wipes market generated a revenue of USD 198.4 million in 2020 and is expected to reach USD 321.7 million by 2028.
- The China market is expected to grow at a CAGR of 6.2% 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.
Medical disinfectant wipes market data book summary
| Market revenue in 2020 | USD 198.4 million |
| Market revenue in 2028 | USD 321.7 million |
| Growth rate | 6.2% (CAGR from 2020 to 2028) |
| Largest segment | Surface disinfectant wipes |
| Fastest growing segment | Hydrogen Peroxide Disinfectant Wipes |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, China accounted for 4.5% of the global medical disinfectant wipes market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China medical disinfectant wipes market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 215.0 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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China 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 64.01% in 2020. Horizon Databook has segmented the China 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 outbreak of COVID-19 in Wuhan, China resulted in a standstill in every industry and sector, including many high-tech companies. This led to the introduction of new and advanced disinfectant products in order to provide optimum protection against infections arising from hospitals.
According to the United Nations Industrial Development Organization, Beijing Infinite Protection Company introduced long-lasting, non-toxic disinfection products such as wipes and sprays to hospitals across the country, including the Beijing Jishuitan Hospital and the Beijing Xiaotangshan Hospital, which is expected to boost market growth in the coming years.
Surface disinfectant wipes have emerged as the most frequently used disinfectant products in China as they are preferred over dry-cleaning methods such as dusting and sweeping and are less likely to resuspend infectious aerosols in the air by inactivating the virus. This has been driving product demand.
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Horizon Databook provides a detailed overview of country-level data and insights on the China medical disinfectant wipes market , including forecasts for subscribers. This country databook contains high-level insights into China medical disinfectant wipes market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China medical disinfectant wipes market size, by type, 2016-2028 (US$M)
China Medical Disinfectant Wipes Market Outlook Share, 2020 & 2028 (US$M)
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