The revenue generated by the surface disinfectant market was USD 2,598.3 million in 2023, and it is will touch USD 4,786.7 million in 2030, at a rate of 9.3% by the end of this decade.  

Factors for the Expansion of the Market 

  • The expansion of the industry is because of the growing count of surgeries in healthcare amenities and the recent outburst of communicable ailments.  
  • Moreover, the introduction of innovative disinfectant products and emerging realms will offer numerous opportunities for the main players operating in the industry in the years to come. 
  • For example, in January 2023, Drug Identification Number was provided by Health Canada to GermStopSQ by Good Theorem. These disinfectant gets rid of 99.999% bacteria and 99.9% of human coronavirus 229E for a day. 
  • There are also some other factors responsible for the for the growth of the industry like, growing hygienic lifestyle in the emerging nations, snowballing awareness of overall hygiene. 
  • Apart from this, there is a rising demand for these disinfectants in hospitals. 
The surface disinfectant market reached US$ 2,598.3 million in 2023, projected to hit US$ 4,786.7 million by 2030, with a 9.3% growth rate from 2024 to 2030.

Alcohol Category Had the Largest Share 

  • Alcohol led the industry in 2023. This is because of the high efficacy of alcohol-based disinfectants against virus and bacteria  
  • Alcohol-based disinfectants are bactericidal instead of bacteriostatic against diverse bacteria forms. Furthermore, they are tuberculocidal and fungicidal as well. 
  • Additionally, there are introductions of several alcohol-based disinfectants by the companies. In September 2022, DFPCL, a manufacturer of industrial chemicals and chemicals, publicized the introduction of Cororid disinfection solution precisely for hospitals, clinics, labs, and other healthcare and medical facilities. 

Liquid Surface Disinfectants are Used the Most 

  • Liquid disinfectants had a share of around 50%, in 2023. This is because of the numerous applications of liquids in the industrial and household sectors for cleaning of windows, plastics, tile, glass, and exterior surfaces.  
  • Moreover, these are not that thick, they can disinfect more area in less quantity.  
  • Besides, liquid disinfectants are used in in the F&B industry and hospitals as they are easily accessible in the market. 

Wipes to Grow the Fastest 

  • Wipes will have the fastest growth during 2024–2030. The reason for this is the affordability and availability of a wide variety of wipes, for example alcohol-based and quaternary ammonium-based.  
  • Also, the growing funding in the production of wipes will boost the category growth in the future. 

North America Makes the Most Use of Disinfectants 

North America is the dominant region, with the share of 55%, in the market in 2024, and it will propel at a rate of 9.4% by the end of this decade.  

This is because of the growing incidence of chronic ailment, rising consciousness of hygiene, and mounting approvals of disinfectants for use among the COVID-19 in Canada and the U.S. Two Lysol products have been approved by the EPA. These are Lysol Disinfectant Max Cover Mist, and Lysol Disinfectant Spray for use against COVID-19. 

APAC will grow the fastest at a rate of 9.7%, throughout 2024– 2030. This is because of the increase in investment in hygiene products and partnerships for raising consciousness of cleanliness amongst local communities.  

Competitive Analysis of the Market 

  • Reckitt Benckiser Group plc publicized partnerships with 4 NGOs Feeding Hong Kong, Evangelical Lutheran Church Social Service, Hong Kong Red Cross, and Hong Kong Council of Early Childhood Education and Services in April 2022. 
  • The purpose was to introduce the Hong Kong Community Care Programme 2022, offering nourishment, quality hygiene, and wellness solutions in rural areas.