Global Alcohol Based Disinfectant Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

N-Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol and Isopropyl Alcohol.

By Application;

Disinfectantfor Sanitizers, Disinfectantfor Clinical Devices and Disinfectantfor Clinical Surfaces.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn139727772 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Alcohol Based Disinfectant Market (USD Million), 2020 - 2030

In the year 2023, the Global Alcohol Based Disinfectant Market was valued at USD 2,643.09 million. The size of this market is expected to increase to USD 5,216.55 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.

The Global Alcohol-Based Disinfectant Market has seen substantial growth in recent years, driven largely by increasing awareness of hygiene and health safety across various sectors. Alcohol-based disinfectants, which primarily include products containing ethanol or isopropanol, have become essential in both healthcare settings and everyday life. This surge in demand has been accelerated by the global COVID-19 pandemic, which heightened the emphasis on sanitation and cleanliness, leading to a significant uptick in both consumer and institutional use of these products.

Geographically, the market exhibits significant variation, with North America and Europe currently holding the largest market shares due to their advanced healthcare infrastructure and high levels of consumer awareness. However, the Asia-Pacific region is rapidly emerging as a key player, propelled by rising health concerns, increasing disposable incomes, and growing adoption of hygiene practices in developing countries. This shift is also supported by government initiatives and increased public health campaigns aimed at improving sanitation standards.

In terms of product types, the market is segmented into gel-based, liquid-based, and spray-based disinfectants. Gel-based products are particularly popular for personal use due to their convenience and portability, while liquid-based and spray-based options are favored for institutional and large-scale applications. The innovation in formulation, such as the development of alcohol-based disinfectants with added moisturizers to prevent skin dryness, reflects the industry's response to consumer preferences and regulatory requirements.

The Global Alcohol-Based Disinfectant Market is poised for continued expansion, driven by ongoing concerns about infectious diseases and a growing emphasis on hygiene. Key trends influencing the market include the integration of sustainable practices in product formulations, increasing adoption of eco-friendly packaging, and the rise of online retail channels. Companies are also investing in research and development to create more effective and user-friendly products, aiming to address both current market demands and future challenges.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Alcohol Based Disinfectant Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising hygiene awareness
        2. COVID-19 pandemic impact
        3. Increased healthcare facility needs
        4. Growing demand in households
        5. Regulatory support for sanitization
      2. Restraints
        1. High alcohol content risks
        2. Flammability concerns
        3. Supply chain disruptions
        4. Environmental impact
        5. Market saturation
      3. Opportunities
        1. Product innovation potential
        2. Expanding into emerging markets
        3. Rising demand in travel sector
        4. Integration with smart dispensers
        5. Government hygiene mandates
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Alcohol Based Disinfectant Market, By Type, 2020- 2030 (USD Million)
      1. N-Propyl Alcohol
      2. Methyl Alcohol
      3. Ethyl Alcohol
      4. Isopropyl Alcohol
    2. Global Alcohol Based Disinfectant Market, By Application, 2020- 2030 (USD Million)
      1. Disinfectantfor Sanitizers
      2. Disinfectantfor Clinical Devices
      3. Disinfectantfor Clinical Surfaces
    3. Global Alcohol Based Disinfectant Market, By Geography, 2020- 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. Reckitt Benckiser Group plc
      3. Procter & Gamble Co.
      4. Unilever plc
      5. Ecolab Inc.
      6. Johnson & Johnson Services, Inc.
      7. GOJO Industries, Inc.
      8. The Clorox Company
      9. Henkel AG & Co. KGaA
      10. Kimberly-Clark Corporation
  7. Analyst Views
  8. Future Outlook of the Market