India Surface Disinfectant Market to be valued USD 747.15 Million by 2025
Rising demand of surface
disinfection due to rapid spread of COVID-19 is driving the market through the
forecast period.
According
to TechSci Research report, “India
Surface Disinfectant Market By Composition (Alcohol, Chlorine Compounds,
Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Others), By Type (Liquid, Wipes, Sprays), By
Source (Chemical, Bio-based), By Distribution Channel (Hypermarket /
Supermarket, Online Retailing, Convenience Stores, Others), By Application
(In-House Surfaces, Instrument Disinfection, Others), By End User (Residential,
Hospital Settings, Diagnostic Laboratories, Commercial, Industrial), By
Company, By Region, Forecast & Opportunities, FY2026”, India surface
disinfectant market was valued at USD 460.66 Million in FY2020 and is projected
to grow at a CAGR of 7.68% during 2020 - 2025. Major factor driving the market is the increasing
consumer awareness regarding health, increasing healthcare associated infections (HAI) and hygiene and the realization about the dire need
of keeping surroundings clean in the times of global pandemic. Furthermore,
surface disinfectants are indispensable for sanitation and sterilization
processes in hospitals, households, and other places in order to prevent the
spread of virus. This notable rise in the utility of the product has fostered
the market growth in India. Another factor that can affect the growth of the market
in India is rising living standards of people and their desires to keep their
households clean and tidy. Besides, the augment of COVID-19 has brought the
launch of various surface disinfectants with itself. To support the ongoing
fight against the global pandemic, various companies are launching new products
to keep away the virus which has bolstered the market growth in India.
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India Surface Disinfectant
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Indian surface disinfectant market is segmented on the basis of
composition, type, source, distribution channel, application, end user, region
and company. Based on composition the market is further segmented into alcohol,
chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic
acid, and others, out of which chlorine compounds is expected to dominate the
market in FY2020 as chlorine-based compounds are proven to be the most
effective against the viruses, specifically Coronavirus. On the basis of end
user, the market is further fragmented into residential, hospital settings,
diagnostic laboratories, commercial and industrial. Amongst these, commercial
segment is anticipated to register the maximum growth in the forecast period
owing to the rising demand of sanitizing surfaces due to the global pandemic
COVID-19.
India are Procter &
Gamble Hygiene & Health Care Limited, Reckitt Benckiser (India) Limited, 3M
India Limited, Ecolab Food Safety And Hygiene Solutions Pvt Ltd, Clorox
Limited, Cantel Medical Corp, SC Johnson Product Pvt. Ltd, Henkel Adhesives
Technologies India Private Limited, Kimberly-Clark Professional, ITC Limited,
CavinKare Pvt. Ltd., N. Ranga Rao and Sons Pvt. Ltd., etc. are
some of the leading players operating in India surface disinfectant market. Various
product launches, mergers and acquisitions are some of the strategies that help
the companies to keep hold of their position in the market. Recently, many
companies have launched their surface disinfectants as the need and demand of
the product has risen terrifically. For instance, the health hygiene brand of
ITC i.e. Savlon has launched its second surface disinfectant since lockdown
which claims to kill 99.99% of germs and virus around the house. The spray
solves the purpose of hand hygiene as well as sanitation of frequently touched
surfaces. Various ayurvedic sprays are also being launched in the market as per
consumer preference such as the ‘healing touch surface disinfectant’ launched
by N Ranga Rao and Sons (NRRS) and certified by AYUSH ministry. The
disinfectant consists of a significant volume of alcohol and lemon essential
oil which is a natural disinfectant and refreshes the mood and environment.
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“India
is expected to register significant growth in the surface disinfectant market during the forecast period.
The market is segmented based on various attributes. Based on type,
the market is further trifurcated into liquid, wipes, and sprays. Out of these,
sprays segment is expected to grow at a formidable CAGR the market in FY2020 as
they are highly convenient to use as compared to liquids and wipes.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based India management consulting firm.
“India Surface Disinfectant Market By Composition
(Alcohol, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide,
Peracetic Acid, Others), By Type
(Liquid, Wipes, Sprays), By Source (Chemical, Bio-based), By Distribution
Channel (Hypermarket / Supermarket, Online Retailing, Convenience Stores,
Others), By Application (In-House Surfaces, Instrument Disinfection, Others),
By End User (Residential, Hospital Settings, Diagnostic Laboratories,
Commercial, Industrial), By Company, By Region, Forecast & Opportunities,
FY2026”, has evaluated the future growth potential of India Surface
Disinfectant market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in India surface disinfectant market.
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