The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Cardinal Health Inc.
GOJO Industries Inc.
Honeywell International Inc.
Illinois Tool Works Inc.
Medline Industries Inc.
Pal International Ltd.
Robinson Healthcare Ltd.
The Clorox Co.
The alcohol wipes market is fragmented and the vendors are deploying growth strategies such as offering industry-specific alcohol wipes to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the increasing use of alcohol wipes for sanitizing medical equipment and devices to achieve growth opportunities. However, factors such as the availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the alcohol wipes market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This alcohol wipes market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Alcohol Wipes Market: Key Drivers and Trends
The increasing use of alcohol wipes for sanitizing medical equipment and devices will be one of the major factors fueling alcohol wipes market growth during the forecast period.
Various equipment and devices used by the healthcare industry need to be disinfected to prevent the spread of viruses and infection on reuse.
Alcohol wipes containing high concentration alcohol and purified water are widely used for infections. These alcohol wipes provide protection against bacteria, viruses, and fungi and the presence of purified water prevents the growth of pathogenic microorganisms on the infected skin.
Because of these benefits, there is an increase in demand for alcohol wipes from the healthcare industry for sanitizing medical equipment and devices.
The widespread use of alcohol wipes for household cleansing applications will fuel the growth of the alcohol wipes market size.
The benefits of alcohol wipes in providing protection from bacteria, viruses, and fungi have resulted in an increased adoption among consumers for cleaning household items.
Alcohol wipes are extensively used for removing stains from mirrors, sink, floors, and electronic devices and gadgets. They are also used in removing grease.
The alcohol used in the wipes evaporates quickly after the use leaving the surface dry which adds to their benefits.
The rising awareness of alcohol wipes and their benefits will increase the demand for these wipes, during the forecast period.
45% of the market’s growth will originate from North America during the forecast period. The US is a key market for alcohol wipes in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.
The increasing awareness to prevent infections from spreading is one of the prime factors that will facilitate the alcohol wipes market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Sensitive sanitizing alcohol wipes contain standards to the high concentration of alcohol. The alcohol concentration in these wipes ranges from 70% to 99%, depending upon the application type. These wipes eliminate microorganisms such as yeast, bacteria, and viruses without leaving any residue. The use of sensitive sanitizing alcohol wipes will increase in the healthcare and food and beverage industries, thereby driving the growth of this segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the alcohol wipes market size. Fetch actionable market insights on post COVID-19 impact on each segment.
Cardinal Health Inc., GOJO Industries Inc., Honeywell International Inc., Illinois Tool Works Inc., McKesson Corp., Medline Industries Inc., Pal International Ltd., Robinson Healthcare Ltd., The Clorox Co., Unilever Group are a few of the key vendors in the alcohol wipes market.