Published Date: 30-Apr-22
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According to a new report, published by KBV research, The Global Disinfectant Spray Market size is expected to reach $14.1 billion by 2027, rising at a market growth of 7.9% CAGR during the forecast period.
The B2C segment has shown high growth rate of 9.3% during (2021 - 2027). The increasing growth of the segment is attributed to the rising number of commercial stores. Due to this, people are becoming more accessible to these products. In addition, the increasing awareness in people about several infections as well as contagious viruses, this is driving the growth of this segment. Moreover, during the lockdown limitations, internet platforms provided a more accessible and secure platform than convenience stores, which was one of the primary drivers driving disinfectant spray demand from online B2C distribution channels.
The Organic segment is showcasing a CAGR of 10.1% during (2021 - 2027). Organic or natural disinfectant sprays are free of alcohol and bleach and offer germ-fighting, antifungal, and antibacterial properties. In addition, the market is being driven by an increase in demand for environmentally friendly products that have no negative side effects. The expansion of key manufacturers' organic disinfectant spray portfolios, such as AIRZAI and Organic Harvest, is driving the growth of this category.
North America is the fastest growing region in the Global Disinfectant Spray Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5.0 billion by 2027. The Europe market is estimated to grow at a CAGR of 7.5% during (2021 - 2027). Additionally, The Asia Pacific market would experience a CAGR of 8.8% during (2021 - 2027).
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 The Clorox Company, Kimberly-Clark Corporation, Reckitt Benckiser Group PLC, 3M Company, The Procter and Gamble Company, Ecolab, Inc., Gojo Industries, Inc., Whiteley Corporation, Medline Industries, Inc., and S. C. Johnson & Son, Inc.
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