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.
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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.
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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.
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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.
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.
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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.
Straits Research has added a new report titled, “Alcohol Wipes Market Professional Report 2021” to its vast repository of research reports.
This is a thorough report focused on the current and future prospects of the Alcohol Wipes Market.
Besides, the report offers a comprehensive analysis of the factors driving and restraining the growth of the market coupled with the impact they have on the demand over the forecast period.The study gives a clear view on the Alcohol Wipes Market and includes a detailed competitive scenario and thorough company profile of the key players operating in it.
The report also provides a market attractiveness analysis, in which the segments and sub-segments are studied on the basis of their market size, growth rate, and general attractiveness.Request Sample Report of Alcohol Wipes Market @ https://straitsresearch.com/report/alcohol-wipes-market/request-sampleThe report is segmented as follows:Major Key players covered in this report:Cardinal Health, Whitminster International, Diamond Wipes International Inc, The Clorox Company, GAMA Healthcare Ltd., Robinson Healthcare Ltd., Pal International, IIIinois Tool Works Inc., BD, McKesson CorporationBy Fabric Material, Natural, Synthetic,By Product Type, , Sensitive skin wipes, Soft sanitizing wipes, Other, By End-User, Personal care, Household, Commercial,By Distribution Channel, Supermarkets / Hypermarkets, Convenience stores, Online stores, Pharmacies, OtherVarious Application Areas of Alcohol WipesHealthcareThe primary use of alcohol wipes is in the healthcare sector, where it is used for cleaning medical equipment, especially in intensive care units (ICUs) and operation theatres (OTs), to destroy bacteria that could harm the patient’s health.Food and Beverage IndustryAlcohol wipes find excellent application in the food and beverage industry, mandatory under certain rules and regulations.
People prefer the packing of alcohol wipes in cylindrical forms to enhance durability.Personal Care and Hygiene:Alcohol wipes are widely used in cosmetics for removing makeup and cleaning makeup kits.
These are saturated with solutions from gentle cleansing ingredients.
The global alcohol wipes market is projected to reach USD 715.4 million by 2025, and expected to exhibit at a 5.3% CAGR during the forecasted period, from 2019 to 2025, according to Million Insights.
The market is highly competitive owing to the existence of small and large number of manufactures.
The market growth is majorly driven due to increasing demand from the healthcare industry and rising applications for several purposes.
Increasing consumer awareness about hygiene along with increasing spending capacity on personal care products is expected to drive the alcohol wipes demand.
However, product can cause dryness, acne and oil production on sensitive skin which is expected to hamper the market growth.
The alcohol wipes industry is facing some challenges due to non–disposal, as it can damage the drainage systems.
