Latin America Medical Disinfectant Wipes Market Size & Outlook
Latin America medical disinfectant wipes market, 2016-2028 (US$M)
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Latin America medical disinfectant wipes market highlights
- The Latin America medical disinfectant wipes market generated a revenue of USD 347.0 million in 2020.
- The market is expected to grow at a CAGR of 6% 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, Brazil is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 347.0 million |
| Market revenue in 2028 | USD 552.2 million |
| Growth rate | 6% (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, Latin America region accounted for 7.9% 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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Latin America 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 Latin America 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.
Central & South America region is expected to register a CAGR of 6.0% over the forecast period. The region consists of countries such as Panama, Costa Rica, Nicaragua, Honduras, El Salvador, Guatemala, and Belize. In Central America, Costa Rica has the best-quality healthcare and both the public and private sectors have been attracting investments from across the globe.
Such factors would further contribute to the regional growth of the medical disinfectant wipes market. Similarly, in South America, Argentina has the best healthcare system, with major cities — Buenos Aires, Córdoba, and Mendoza — contributing to overall growth. Argentina has a high doctor-population ratio, with nearly 4 per 1,000 inhabitants. The country is ranked 75th by the WHO in terms of healthcare quality and spends approximately 4.8% on healthcare.
Germicidal disposable wipes are offered by key manufacturers such as The Clorox Company, Sani Cloth, and Kimberly-Clark Corporation in countries such as Costa Rica, Brazil, and Argentina, which gives the segment the majority of the market share in the region. The scenario is expected to contribute to the growth of this type over the forecast years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical disinfectant wipes market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical disinfectant wipes market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America medical disinfectant wipes market size, by country, 2016-2028 (US$M)
Latin America Medical Disinfectant Wipes Market Outlook Share, 2020 & 2028 (US$M)
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