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Alcohol Wipes Market by Product and Geography - Forecast and Analysis 2021-2025

Alcohol Wipes Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 120 Pages SKU: IRTNTR46645

Market Overview at a Glance

$513.73 Mn
Market Opportunity
6.25%
CAGR
YoY growth 2019-2020(%)

The alcohol wipes market size has the potential to grow by USD 513.73 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.25%. 

This report provides a detailed analysis of the market by product (sensitive sanitizing and soft sanitizing), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

Alcohol-Wipes-Market-Market-Size-2020-2025

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Market Competitive Analysis

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.
  • McKesson Corp.
  • Medline Industries Inc.
  • Pal International Ltd.
  • Robinson Healthcare Ltd.
  • The Clorox Co.
  • Unilever Group

 

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.

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Alcohol Wipes Market: Segmentation by Geography

Alcohol-Wipes-Market-Market-Share-by-Region-2020-2025

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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. 

Alcohol Wipes Market: Segmentation by Product

Alcohol-Wipes-Market-Market-Share-by-Product-2020-2025

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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.   

 

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Alcohol Wipes Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive alcohol wipes market growth during the next five years
  • Precise estimation of the alcohol wipes market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the alcohol wipes industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of alcohol wipes market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Sensitive sanitizing - Market size and forecast 2020-2025
    • Soft sanitizing - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers – Demand-led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption
    • Competitive landscape

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 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

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Methodology

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Frequently Asked Questions

    Alcohol Wipes market growth will increase by 513.73 million during 2020-2025 .

    The Alcohol Wipes market is expected to grow at a CAGR of 6.25% during 2020-2025 .

    Alcohol Wipes market is segmented by Product( Sensitive sanitizing, Soft sanitizing) Geographic( North America, Europe, APAC, South America, MEA)

    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.

    North America will register the highest growth rate of 45.33% among the other regions. Therefore, the Alcohol Wipes market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

    US, China, Germany, France, UK, Japan

    • Increasing use of alcohol wipes for sanitizing medical equipment and devices is the driving factor this market.

    The Alcohol Wipes market vendors should focus on grabbing business opportunities from the Sensitive sanitizing segment as it accounted for the largest market share in the base year.