According to a recently released TechSci Research report, “India Commercial Sanitization Market By Ingredient, By End Use, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025”, India commercial sanitization market stood at around $ 611 million in 2019 and is projected to grow at 27% CAGR until 2025. The commercial sanitization market is majorly driven by increase in COVID-19 cases in the country. Moreover, unlocking of the country’s economy, opening up of commercial spaces like malls, offices, etc., and resumption of interstate travel are the major factors propelling demand for commercial sanitization.
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The commercial sanitization market is segmented based on ingredients, end use, distribution channel, and region. Based on ingredient segmentation, the commercial sanitization market is categorized into Ethanol, Iso Propyl Alcohol, Sodium Hypochlorite, Chloroxylenol / Benzalkonium Chlorine and Others. Sodium Hypochlorite grabbed the largest market share, followed by Ethanol, Chloroxylenol / Benzalkonium Chlorine, and Iso Propyl Alcohol segments. The distribution channel of India Commercial Sanitization market is categorized into store based and non- store based segments. The demand for commercial sanitizers is majorly fulfilled by non-store based segment as this segment involves bulk buying while ensuring quick availability.
In terms of region, the India commercial sanitization market is categorized into North, West, East, and South regions. West and North regions cumulatively accounted for around two-third of the market share in 2019, and the dominance of the both the regions is expected to further strengthen in the coming years. Both of these regions account for a higher number of COVID-19 cases, which has been leading to increase in sanitizing activities at railway stations, buses, cabs, offices and other commercial places, to stop the spread of virus
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“India commercial sanitization market is expected to grow at robust pace due to the rising awareness and increasing government focus on controlling the spread of pandemic in the country. The sanitization activity is being conducted at regular time intervals at airports, railway stations, trains, buses, commercial buildings and other places, which is driving the consumption of commercial sanitizers. Further, malls, offices, production units and other buildings need to be sanitized as per government regulations, which is also positively impacting market growth.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Commercial Sanitization Market By Ingredient, By End Use, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India commercial sanitization market and provides statistics and information on market structure, and future market growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities available in India commercial sanitization market.
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