Global Alcohol Wipes Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

  • TBI833561
  • May 28, 2022
  • Global
  • 200 pages
  • IFF Market Research
                                              

Global Alcohol Wipes Market 2021: By Fabric Material (Natural, Synthetic), By End-user (Personal & Household, Commercial)

Global Alcohol Wipes Market is a recent market research report produced by the research team at Trusted Business Insights. The global alcohol wipes market report has been segmented on the basis of fabric material, end-user, and region.

Overview

Medical alcohol wipes are used to prevent possible bacterial infection on skin from minor cuts or scrapes. Alcohol wipes are made of tritex non-woven, which contains 70% w/w alcohol. They are majorly intended for the rapid disinfection of noninvasive medical devices and non-porous hard surfaces that are not sensitive to alcohol. Along with using it on skin surfaces, it also used to wipe optical parts, electrodes, microscopes, delicate glassware, lenses, and cuvettes. Medical alcohol wipes leave no visible residue on stainless steel surfaces or glasses. Alcohol wipes or prep pads are used normally to clean surfaces around a wound but not directly on an open wound as alcohol can cause dangerous damage to wound bed. Alcohol directly applied to open wounds can delay or prevent healing. Therefore, alcohol wipes are used only to clean unbroken skin or around wounds. These rubbing alcohol wipes are commonly found in clinics, hospitals and in first-aid kits. In clinics and hospitals, these swabs are used before an injection is given or blood is drawn. This prevents entering bacteria on body and causing infection. Consumers also use the product for pain relief from insect bites, scratches, minor burns as alcohol is ideal for disinfecting affected areas and ease pain. Isopropyl, the major ingredient in alcohol wipes, is helpful in preventing growth of various microorganisms, such as hepatitis B and C, Human HIV-1, diarrhea virus, and mycobacterium tuberculosis. The Global The Global Alcohol Wipes market size was valued at USD $560.21 Million in 2020, USD $595.51 Million in 2021, forecasted to reach USD $633.02 Million in 2022, and is projected to reach USD $1037.47 Million by 2030, and is anticipated to expand at a CAGR of 6.3% over the forecast period from 2020 to 2030.

Dynamics

The major factors driving growth of the global alcohol wipes market are increasing awareness about hygiene and growing prevalence of various infections. Key players in the global market are undertaking numerous initiatives to spread awareness about the benefits of using alcohol wipes. They have become successful in convincing consumers that herbal toothpastes are highly helpful in preventing various dangerous skin infections. Growth of the market is further attributed to high demand and versatile application of the product in the healthcare sector. Alcohol is considered to be a very good solvent and easily dissolves oil, dirt, and microorganisms. Alcohol offers instant drying and it is a very effective disinfectant. All these features and benefits of the product are expected to drive demand for alcohol wipes in the global alcohol wipes market during the forecast period. Apart from these factors, other various characteristics of the alcohol wipes such as affordability, eco-friendliness, fragrance, high performance, texture, and fabric material influence consumers purchasing decisions on the product. Conventional ways of cleaning in commercial as well as household and personal segments have been changing due to the efficiency of alcohol wipes, which in turn is expected to further drive growth of the product in the global alcohol wipes market over forecast overdo. Other factors fueling growth of the market are easy to carry, usage during trekking, driving, traveling, and outdoor activities and in public places. These wipes are also widely used in offices and homes for cleaning. However, the product may cause to increase dryness, oil production, and acne in sensitive skin. This factor is projected to hamper growth of the product in the global alcohol wipes market over the forecast period. In addition, as non-disposable wipes may clog drainage systems, alcohol wipes market is expected to face challenges in the global alcohol wipes market over the forecast period.

Global Alcohol Wipes Market Segment Analysis:

By Fabric Material: Among the fabric material segments, the synthetic segment is projected to account for highest revenue share in the global alcohol wipes market and is projected to continue over the forecast period. This growth of the segment is attributed to features of synthetic alcohol wipes such as softness and absorbance. In addition, other features such as heat resistant and lightweight are also attributed to increase growth of the segment. By End-user: The commercial segment among the end-user segments has been gaining traction, owing to increasing demand for alcohol wipes in the healthcare sector especially from hospitals and clinics. Rising adopting the product from hospitals for maintaining hygiene in critical areas such as Operation Theaters (OTs) and Intensive Care Units (ICUs) has been driving growth of the segment.

Global Alcohol Wipes Market Regional Analysis:

The market in North America is expected to account for high revenue share in the global market over the forecast period. This can be attributed to high demand for the product for maintaining personal hygiene and household cleaning in the region.

Below are the leading companies profiled in this Alcohol Wipes Market Report:

  • 3M Company.
  • Cardinal Health Inc.
  • Clarisan
  • CleanFinity Brands
  • Diamond Wipes International Inc.
  • Galderma Laboratories
  • GAMA Healthcare Ltd.
  • GOJO Industries Inc
  • Honeywell International Inc
  • LOréal
  • Pal International Ltd.
  • Procter & Gamble
  • Robinson Healthcare Ltd.
  • The Clorox Company
  • Unilever Corporation
  • Whitminster International

Global Alcohol Wipes Market Segmentation:

By Fabric Material
  • Natural
  • Synthetic
By End-user
  • Personal & Household
  • Commercial

This research comprehensively answers the following 9 important questions:

  • Q.1. What are some of the most promising growth trends in the Alcohol Wipes market worldwide?
  • Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  • Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  • Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Alcohol Wipes market?
  • Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Alcohol Wipes market?
  • Q.6.What are the emerging trends post COVID-19 reshuffle in this Alcohol Wipes market and the what are reasons behind these trends and do they translate in global exploration?
  • Q.7. Who are the major global and regional players in the Alcohol Wipes market? Which are the strategic initiatives key players are pursuing for business growth?
  • Q.8.Which are the competing products in Alcohol Wipes market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Alcohol Wipes industry?

Chapter 1 Methodology and Scope
  • 1.1 Market definitions
  • 1.2 Base estimation & working
  • 1.2.1 North America
  • 1.2.2 Europe
  • 1.2.3 APAC
  • 1.2.4 LATAM
  • 1.2.5 MEA
  • 1.3 Forecast calculation
    • 1.3.1 COVID-19 impact calculations on industry forecast
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
  • Chapter 2 Executive Summary
  • 2.1 Alcohol Wipes industry 360° synopsis, 2017 - 2028
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