Latin America Surface Disinfectant Market Size & Outlook
Latin America surface disinfectant market, 2018-2030 (US$M)
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Latin America surface disinfectant market highlights
- The Latin America surface disinfectant market generated a revenue of USD 393.5 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, chemical was the largest revenue generating product in 2023.
- Bio-Based is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 393.5 million |
| Market revenue in 2030 | USD 653.1 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Chemical |
| Fastest growing segment | Bio-Based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chemical, Bio-Based |
| Key market players worldwide | GOJO Industries, W.W. Grainger Inc, Reckitt Benckiser Group PLC, Hartmann Holdings, 3M Co, Ecolab Inc, Procter & Gamble Co, The Clorox Company, Whiteley, Lonza Group Ltd, SC Johnson, Basf SE, Evonik Industries AG, Medline Industries, PDI Healthcare, W.M. Barr & Company, Inc., Spartan Chemical Company, CareNow Medical, PAX-CHEM, Star Brands, Kimberly-Clark Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global surface disinfectant market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,651.1 million by 2030.
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Surface Disinfectant Market Scope
Surface Disinfectant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America surface disinfectant 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 surface disinfectant market will help companies and investors design strategic landscapes.
Chemical was the largest segment with a revenue share of 91.61% in 2023. Horizon Databook has segmented the Latin America surface disinfectant market based on chemical, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
Health and hygiene markets of Latin America are expected to be the prime surface disinfectant market drivers. Growing population, urbanization and awareness in terms of sanitization and cleanliness are expected to add on to the market growth. The COVID-19 outbreak across the geographies of Latin America have boosted the market growth in production as well as consumption, in 2020.
The region projects significant opportunities to the global producers in terms of raw material availability and distribution networks. However, sticking to the international regulatory standards is a fundamental, for the manufacturers to avoid product recalling and maintain global sales.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America surface disinfectant market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surface disinfectant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surface disinfecant market size, by country, 2018-2030 (US$M)
Latin America Surface Disinfectant Market Outlook Share, 2023 & 2030 (US$M)
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