Alcohol Wipes Market Expected to Reach $1,137.7 Million by 2030 | Allied Market Research

PORTLAND, PORTLAND, UNITED STATES, January 3, 2022 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global alcohol wipes market was pegged at $568.0 million in 2020 and is estimated to hit $1.13 billion by 2030, registering a CAGR of 7.3% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Rise in awareness regarding the use of wipes and maintaining optimal hygiene and increase in its demand from the healthcare industry drive the growth of the global alcohol wipes market. On the other hand, high inflammation property of alcohol wipes restrains the growth to some extent. Nevertheless, upsurge in e-commerce sales and increase in demand for the product during driving, trekking, and traveling are expected to create lucrative opportunities in the industry.

Get detailed COVID-19 impact analysis on the Alcohol Wipes Market@ https://www.alliedmarketresearch.com/request-for-customization/12902?reqfor=covid

COVID-19 scenario-

To prevent the spread of the corona virus in residential communities, the Centers for Disease Control and Prevention (CDC) in the U.S. had recommended cleaning hands and high-touch surfaces with alcohol-based hand sanitizers, disinfectant sprays, or antibacterial wipes containing 60% or more alcohol. This factor has boosted the global alcohol wipes market.
This trend is most likely to continue post pandemic as well.
The healthcare industry has expanded significantly over the last two decades, and is one of the world's fastest growing industries. Countries such as the U.S., Switzerland, and Germany spend more than 10% of their GDP on healthcare. Hygiene and sanitation are the critical aspects in the healthcare industry. Thus, alcohol wipes find their major application in the healthcare industry, as they serve as an effective disinfectant and sanitizing solution. Isopropyl is commonly used in alcohol wipes, as it kills pathogens such as Hepatitis B and C, HIV, and bovine viral diarrhea virus.

The alcohol wipes market segmentation is done on the basis of fabric material, end user, distribution channel, and region. Depending on fabric material, the market is categorized into natural and synthetic. By end user, it is fragmented into personal & household and commercial. According to distribution channel, it is segregated into supermarkets & hypermarkets, specialty stores, e-commerce, and others. Region wise, the alcohol wipes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

As per the alcohol wipes market analysis, by fabric material, the synthetic segment was highest revenue contributor in 2020, as synthetic fabric is light in weight, resistant to heat, absorbent, and soft. As per the alcohol wipes market trends, depending on end user, the commercial segment garnered the largest share, due to increase in demand of alcohol wipes from healthcare industry. According to the alcohol wipes market forecast, on the basis of distribution channel, the specialty stores segment dominated the global market, as specialty stores sell specialized products on large scale, thereby boosting the adoption of alcohol wipes. Moreover, Europe region has seen as the leading region in this market due to rising awareness among consumer towards cleanliness and sanitization.

Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/12902

The global alcohol wipes market is analyzed across fabric material, end user, distribution channel, and region. Based on fabric material, the synthetic segment accounted for nearly two-thirds of the total market share in 2020, and is projected to rule the roost by the end of 2030. The natural segment, on the other hand, would cite the fastest CAGR of 7.8% throughout the forecast period.

Based on end user, the commercial segment contributed to more than three-fifths of the total market revenue in 2020, and is expected to lead the trail by 2030. The same segment would also grow at the fastest CAGR of 7.5% from 2021 to 2030.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/12902

Based on geography, Europe held the major share in 2020, garnering around one-third of the global alcohol wipes market. Simultaneously, the market across Asia-Pacific would exhibit the fastest CAGR of 8.5% by 2030. The other two provinces discussed in the report include North America and LAMEA.

The leading market players analyzed in the global alcohol wipes market report include Cardinal Health Inc., Diamond Wipes International Inc., GAMA Healthcare Ltd., GOJO Industries Inc., Honeywell International Inc, Pal International Ltd., 3M Company, Unilever Group, Robinson Healthcare Ltd., and The Clorox Company. These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

You just read:

Alcohol Wipes Market Expected to Reach $1,137.7 Million by 2030 | Allied Market Research

Distribution channels: Consumer Goods, Media, Advertising & PR

EIN Presswire's priority is author transparency. We do our best to weed out false and misleading content. The content above is the sole responsibility of the author who makes it available. If you have any complaints, kindly contact the author above.