Published Date: 9-Mar-2021
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According to a new report Global Antiseptics and Disinfectants Market, published by KBV research, The Global Antiseptics and Disinfectants Market size is expected to reach $89.6 billion by 2026, rising at a market growth of 21.2% CAGR during the forecast period.
The FMCG distribution channels includes three many entities, facilitators, merchants, and agents. Agents mostly help in producing sales by marketing these products of the companies. An agent can be a company’s person or an independent person. Facilitators mostly include transporting manufactured goods from one place to another. The category of facilitators includes warehouse owners, independent types, and logistic services. Most of the consumers purchase FMCG products from wholesalers and retailers.
By end-user, the hospital segment held the largest share of the antiseptics and disinfectants market in 2019. The rising cases of hospital-acquired infections around the world is one of the main factors that would boost the growth during the forecast period. For example, according to CDC, 1 out of 31 hospital patients get infected by these hospital-acquired infections. It is very important to use antiseptics and disinfectants in the hospital premises to eliminate the risk of these diseases. Moreover, the increasing expenditure on healthcare sectors in various developed and developing nations has raised the number of hospitals due to which, the demand for antiseptics and disinfectants is also estimated to rise.
Region-wise, North America emerged as the dominating region in the market in 2019. It would display the similar kind of trend during the forecast period. The rising cases of surgeries in North America and the increasing number of healthcare workers are expected to boost the growth of the antiseptics and disinfectants market during the forecast period. These disinfectants and antiseptics are widely used in the surgical procedures and in the research field to eliminate the risk of transmitting infections from one person to another.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, Reckitt Benckiser Group PLC, Kimberly-Clark Corporation, Cardinal Health, Inc., Becton, Dickinson and Company, Johnson and Johnson, The Clorox Company, Novartis AG, S.C.Johnson and Son, Inc., and Bio-Cide International, Inc.
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