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2021
Alcohol Wipes Market

Alcohol Wipes Market

by Fabric Material (Natural and Synthetic), End User (Personal & Household and Commercial), and Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and E-Commerce): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A12537
Pages: 226
Jul 2021 | 3486 Views
Author(s) : Aniket Kadam , Roshan Deshmukh
Tables: 139
Charts: 66
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global Alcohol wipes market was valued at $ 568.0 million in 2020, and is estimated to reach $ 1137.7 million by 2030, registering a CAGR of 7.3% from 2021 to 2030. 

Alcohol wipe contains additives such as chlorhexidine and benzalkonium chloride, which inhibit the growth of microorganism on high-touch surfaces. In addition, it can be used to effectively disinfect home electronics, restaurants, supermarket touch-surfaces, and medical facility working surfaces. Moreover, it is effective as hand rubs for the extermination of disease-causing microbes. 

Alcohol-Wipes-Market-2021-2030

The growth of the global alcohol wipes market is majorly driven by increase in awareness regarding the usage of wipes and maintaining optimal hygiene. Consumers are increasingly using alcohol wipes for basic routines such as skin cleansing and makeup removal, aided by cheaper product availability. As a result, rise in awareness regarding the benefits of alcohol wipes contributes toward the growth of the global market. Moreover, in hospitals, alcohol wipes are primarily used to clean and sanitize operating rooms and ICUs. Furthermore, alcohol wipes containing nearly 70% alcohol are widely used for disinfection of medical equipment and devices, as they aid in the removal of bacteria and prevention of microbial growth..

COVID-19 impact on alcohol wipes market

The recent COVID-19 outbreak impacted the growth of the alcohol wipes market. Increase in reported cases has caused a global lockdown and restricted supply chains. In addition, consumer discretionary spending has decreased, and businesses have noticed a behavioral shift toward safer and more durable products. Furthermore, through engagement campaigns, manufacturers are strengthening their e-commerce channel and increasing consumer engagement on their websites.

The sudden outbreak of the COVID-19 pandemic is a significant factor influencing the growth of the alcohol wipes market. To prevent the spread of COVID-19 in homes and residential communities, the Centers for Disease Control and Prevention (CDC) in the U.S. has recommended cleaning hands and high-touch surfaces with alcohol-based hand sanitizers, disinfectant sprays, or antibacterial wipes containing 60% or more alcohol. As per the same source, alcoholic sanitizer products that contain at least 60% isopropyl or ethyl alcohol are effective against the SARS coronavirus. 

The demand for alcohol wipes has risen dramatically as a result of the COVID-19 pandemic, owing to the fact that patients infected with the virus have been flooding hospitals at an alarming rate, and it is critical to disinfect the surfaces to prevent the spread of the virus.

The global alcohol wipes market is segmented 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, convenience stores, specialty stores, and e-commerce. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, Spain, Netherlands, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the rest of LAMEA).

According to the alcohol wipes market forecast, based on fabric material, the natural segment is expected to grow at a significant rate during the forecast period. Natural fabrics such as wool, cotton, and silk are biodegradable, highly absorbent, affordable, and easy to dispose, with no impact on the environment. Furthermore, on burning, they do no emit any poisonous gases. These factors are propelling the growth of the natural segment. 

Alcohol Wipes Market
By Fabric Material

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Natural segment is expected to grow at highest CAGR of 7.8% during the forecast period

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As per the alcohol wipes market analysis, based on the end user, the commercial segment dominated the market in 2020, garnering around 61.7% of the alcohol wipes market share. Alcohol wipes are used as disinfectants and cleaning of medical equipment. Hence the growth of hospitals and healthcare centers are boosting the demand for the alcohol wipes.

Alcohol Wipes Market
By End User

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Commercial segment is expected to grow at highest CAGR of 7.5% during the forecast period.

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According to the alcohol wipes market trends, based on distribution channel, the e-commerce segment is expected to witness fastest growth during the forecast period due to the growing penetration of internet and online shopping platforms across the globe.

Alcohol Wipes Market
By Distribution Channel

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E-commerce segment is expected to grow at highest CAGR of 8.3% during the forecast period.

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Based on the region, Europe is the market leader in the global alcohol wipes market followed by North America. Asia-Pacific is expected to witness exponential growth due to rising disposable income, growing consciousness regarding personal hygiene, and growing consumer awareness regarding cleanliness.

Alcohol Wipes Market
By Regions

2030
Europe 
North America
Asia-pacific
Lamea

Asia-Pacific is expected to grow at highest CAGR of 8.5% during the forecast period.

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The major players operating in the global alcohol wipes market are 3M Company, Cardinal Health Inc., Diamond Wipes International Inc., GAMA Healthcare Ltd., GOJO Industries Inc, Honeywell International Inc, Pal International Ltd., Robinson Healthcare Ltd., The Clorox Company, and Unilever Group.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends and future estimations of the alcohol wipes market.
  • The report provides detailed qualitative and quantitative analyses that help evaluate prevailing market opportunities.
  • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
  • An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

Key Market Segments

By Fabric Material

  • Natural
  • Synthetic

By End User

  • Personal & Household
  • Commercial

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • E-commerce

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • UK
    • Germany
    • Italy
    • France
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • New Zealand
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA
 

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Based on the insights of the top CXOs, surge in demand for alcohol wipes during traveling is expected to drive the growth of the global alcohol wipes market. This is attributed to the fact that alcohol wipes are essential for travelers for cleaning skin, face, and hands. Moreover, the antibacterial and disinfecting properties of alcohol wipes serve the sanitizing needs of travelers. During long journeys and rides, they are included in many survival kits and can be used after spending a long time in the sun. These features of alcohol wipes enable them to be widely used during the summer and when climatic conditions are harsh, resulting in increased demand in the long run. Alcohol wipes are thought to be as effective as soap and water at eradicating microorganisms. Alcohol wipes are highly effective on soiled hands and are regarded as effective and convenient alternatives when sinks are unavailable or while travelling. As a result, the increased demand for alcohol wipes while driving, trekking, and travelling is expected to create lucrative opportunities for the market.

The CXOs further added that increase in use of alcohol wipes in healthcare centers, hospitals, and restaurants is significantly boosting the market growth. Moreover, the demand for natural alcohol wipes is anticipated to be a key driving factor. Furthermore, the natural alcohol wipes are gaining high traction in the market, due to their benefits. For instance, natural fabrics such as wool, cotton, and silk are biodegradable, good absorbent, affordable, and easy to dispose without harming the environment. In addition, natural alcohol wipes are safe for human skin, as they are nonallergic.

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FREQUENTLY ASKED QUESTIONS?

A. The global Alcohol wipes market was valued at $ 568.0 million in 2020, and is estimated to reach $ 1137.7 million by 2030, registering a CAGR of 7.3% from 2021 to 2030. The rise in health consciousness and growing demand for personal hygiene products is propelling the demand for the alcohol wipes across globe.

A. The global alcohol wipes market is estimated to grow at a significant CAGR of 7.3% from 2021 to 2030 due to the rise in consumer awareness among the population regarding personal care and personal hygiene across the globe.

A. https://www.alliedmarketresearch.com/reportPreview/request-sample/12902

A. The major players operating in the global alcohol wipes market are 3M Company, Cardinal Health Inc., Diamond Wipes International Inc., GAMA Healthcare Ltd., GOJO Industries Inc, Honeywell International Inc, Pal International Ltd., Robinson Healthcare Ltd., The Clorox Company, and Unilever Group.

A. The base year calculated in the alcohol wipes market report is 2020. The year 2020 was an exceptional year characterized by the outbreak of the COVID-19 pandemic. The report provides a detailed study across various segments and regions regarding the impact of the COVID-19 on the alcohol wipes market.

A. The global alcohol wipes market is segmented 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, convenience stores, specialty stores, and e-commerce. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, Spain, Netherlands, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the rest of LAMEA).

A. Based on the region, Europe is the market leader in the global alcohol wipes market followed by North America. Asia-Pacific is expected to witness exponential growth due to rising disposable income, growing consciousness regarding personal hygiene, and growing consumer awareness regarding cleanliness.

A. The global Alcohol wipes market was valued at $ 568.0 million in 2020, and is estimated to reach $ 1137.7 million by 2030, registering a CAGR of 7.3% from 2021 to 2030. The growing use of alcohol wipes in the commercial sector is contribution to the growth of the alcohol wipes market across the globe.

A. The demand for alcohol wipes has risen dramatically as a result of the COVID-19 pandemic, owing to the fact that patients infected with the virus have been flooding hospitals at an alarming rate, and it is critical to disinfect the surfaces to prevent the spread of the virus.

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