Market revenue in 2023 | USD 103.3 million |
Market revenue in 2030 | USD 170.3 million |
Growth rate | 7.4% (CAGR from 2023 to 2030) |
Largest segment | Chemical |
Fastest growing segment | Bio-Based |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 89.45% in 2023. Horizon Databook has segmented the Mexico surface disinfectant market based on chemical, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
Institutional disinfecting is one of the prominent applications of surface disinfectant market in Mexico. This is driven by the growing construction, infrastructural development and higher focus towards hygiene and sanitation in the country.
The importance of regular disinfection practices and awareness regarding microorganism (bacteria, virus, fungi, etc.) has accelerated the market growth over the past few years. In 2020, the market has witnessed a noteworthy increase in the product demand, owing to the COVID-19 disease spread.
Strict regulations are expected restrict the market growth. A number of hand sanitizers produced in the country recalled by the FDA. The producers of these recalled products included 4E Global, ASPI de CV (Mexico), AAA Cosmetica, and Eskbiochem SA de CV among various others.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico surface disinfectant market , including forecasts for subscribers. This country databook contains high-level insights into Mexico surface disinfectant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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