Rising demand of surface disinfection due to rapid spread of COVID-19 is driving the market through the forecast period.
According to TechSci Research report, “India Surface Disinfectant Market By Composition (Alcohol, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Others), By Type (Liquid, Wipes, Sprays), By Source (Chemical, Bio-based), By Distribution Channel (Hypermarket / Supermarket, Online Retailing, Convenience Stores, Others), By Application (In-House Surfaces, Instrument Disinfection, Others), By End User (Residential, Hospital Settings, Diagnostic Laboratories, Commercial, Industrial), By Company, By Region, Forecast & Opportunities, FY2026”, India surface disinfectant market was valued at USD 460.66 Million in FY2020 and is projected to grow at a CAGR of 7.68% during 2020 – 2025. Major factor driving the market is the increasing consumer awareness regarding health, increasing healthcare associated infections (HAI) and hygiene and the realization about the dire need of keeping surroundings clean in the times of global pandemic. Furthermore, surface disinfectants are indispensable for sanitation and sterilization processes in hospitals, households, and other places in order to prevent the spread of virus. This notable rise in the utility of the product has fostered the market growth in India. Another factor that can affect the growth of the market in India is rising living standards of people and their desires to keep their households clean and tidy. Besides, the augment of COVID-19 has brought the launch of various surface disinfectants with itself. To support the ongoing fight against the global pandemic, various companies are launching new products to keep away the virus which has bolstered the market growth in India.
Browse 8 market data Tables and 74 Figures spread through 125 Pages and an in-depth TOC on “ India Surface Disinfectant Market”
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Indian surface disinfectant market is segmented on the basis of composition, type, source, distribution channel, application, end user, region and company. Based on composition the market is further segmented into alcohol, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and others, out of which chlorine compounds is expected to dominate the market in FY2020 as chlorine-based compounds are proven to be the most effective against the viruses, specifically Coronavirus. On the basis of end user, the market is further fragmented into residential, hospital settings, diagnostic laboratories, commercial and industrial. Amongst these, commercial segment is anticipated to register the maximum growth in the forecast period owing to the rising demand of sanitizing surfaces due to the global pandemic COVID-19.
India are Procter & Gamble Hygiene & Health Care Limited, Reckitt Benckiser (India) Limited, 3M India Limited, Ecolab Food Safety And Hygiene Solutions Pvt Ltd, Clorox Limited, Cantel Medical Corp, SC Johnson Product Pvt. Ltd, Henkel Adhesives Technologies India Private Limited, Kimberly-Clark Professional, ITC Limited, CavinKare Pvt. Ltd., N. Ranga Rao and Sons Pvt. Ltd., etc. are some of the leading players operating in India surface disinfectant market. Various product launches, mergers and acquisitions are some of the strategies that help the companies to keep hold of their position in the market. Recently, many companies have launched their surface disinfectants as the need and demand of the product has risen terrifically. For instance, the health hygiene brand of ITC i.e. Savlon has launched its second surface disinfectant since lockdown which claims to kill 99.99% of germs and virus around the house. The spray solves the purpose of hand hygiene as well as sanitation of frequently touched surfaces. Various ayurvedic sprays are also being launched in the market as per consumer preference such as the ‘healing touch surface disinfectant’ launched by N Ranga Rao and Sons (NRRS) and certified by AYUSH ministry. The disinfectant consists of a significant volume of alcohol and lemon essential oil which is a natural disinfectant and refreshes the mood and environment.
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“India is expected to register significant growth in the surface disinfectant market during the forecast period. The market is segmented based on various attributes. Based on type, the market is further trifurcated into liquid, wipes, and sprays. Out of these, sprays segment is expected to grow at a formidable CAGR the market in FY2020 as they are highly convenient to use as compared to liquids and wipes.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.
“India Surface Disinfectant Market By Composition (Alcohol, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Others), By Type (Liquid, Wipes, Sprays), By Source (Chemical, Bio-based), By Distribution Channel (Hypermarket / Supermarket, Online Retailing, Convenience Stores, Others), By Application (In-House Surfaces, Instrument Disinfection, Others), By End User (Residential, Hospital Settings, Diagnostic Laboratories, Commercial, Industrial), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India Surface Disinfectant market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India surface disinfectant market.
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