Report Code: 12876 | Available Format: PDF | Pages: 330
The global surface disinfectant market size was USD 2,598.3 million in 2023, and it is expected to reach USD 4,786.7 million in 2030, with a growth rate of 9.3% during 2024–2030. This is attributed to the increasing number of surgeries in healthcare facilities and the recent outbreak of infectious diseases. Additionally, the launch of innovative disinfectant products and developing countries will provide immense opportunities for key players in the coming years.
For instance, on January 2023, Health Canada granted a Drug Identification Number to GermStopSQ by Good Theorem. This disinfectant kills 99.999% of bacteria and 99.9% of human coronavirus 229E for 24 hours.
Moreover, the growth is attributed to several factors, including
Alcohol category accounted for the largest market share in 2023. This is attributed to high efficacy of alcohol-based disinfectants against bacteria and virus. Alcohol-based disinfectant are bactericidal rather than bacteriostatic against different forms of bacteria. Moreover, they are fungicidal and tuberculocidal as well.
Further, companies are launching several alcohol-based disinfectants.
Furthermore, the WHO recommends two alcohol-based formulations, which, in a study published in January 2023, showed significant inactivation of the monkeypox virus. The WHO recommends these inexpensive alcohol-based hand rub formulations to reduce the transmission of pathogens. The study found that MPXV was inactivated by both formulations, supporting their use in healthcare and during virus outbreaks. The spread of monkeypox virus has led the WHO to implement its highest level of alert, declaring the contagion a public health emergency, much like COVID-19.
Chlorine and its compounds account for the second-largest share in the market, and they are expected to grow at significant CAGR during 2024–2030. This is because:
Hydrogen peroxide also holds a significant share in the market, attributed to some studies in which it has shown promising results.
In addition, the most-commonly used concentration of hydrogen peroxide is 3%. Stronger concentrations are used in different industries, such as hair coloring. As per the EPA, hydrogen peroxide is ideal for killing many kinds of germs on surfaces found at homes and environment-friendly for these spaces as well.
Quaternary ammonium compounds also hold significant share. This is because government agencies in the U.S. and many other countries have published official lists of recommended disinfecting products with possible viricidal efficacy.
Peracetic acid is expected to grow at a significant CAGR during 2024–2030, attributed to the innovations being brought about by the players in disinfectants containing this chemical.
Report Attribute | Details |
Market Size in 2023 |
USD 2,598.3 Million |
Market Size in 2024 |
USD 2,811.4 Million |
Revenue Forecast in 2030 |
USD 4,786.7 Million |
Growth Rate |
9.3% CAGR |
Historical Years |
2017-2023 |
Forecast Years |
2024-2030 |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Segments Covered |
By Composition, By Type, By Application, By End User, By Region |
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The liquid category accounted for the largest revenue share, of around 50%, in 2023. This is attributed to a wide scope of application of liquids in the household and industrial sector and cleaning of tile, windows, plastics, exterior surfaces, and glass. In addition, as it has low viscosity, it can disinfect more area in less amount. Furthermore, liquid surface disinfectants are used in large amount in the food & beverage industry and hospitals as they are easily available in the market.
Wipes are expected to be the fastest-growing segment during 2024–2030. This is because of the cheaper rate and availability of a variety of wipes, such as quaternary ammonium-based and alcohol-based. Furthermore, the rising investment in the production of wipes is expected to boost the growth of this category during the forecast period.
Further, Health Canada has approved disinfectants containing a wide range of active ingredients, such as benzalkonium chloride, citric acid, and combinations of QAC, all of which have been tested to prove efficacy against the coronavirus. It is also developing novel products using hydrogen peroxide at the new facility to further expand the market.
Moreover, companies are launching their next generation of such products. For instance, in June 2022, Kinnos Inc. announced the launch of its next generation of Highlight temporarily colors disinfectant wipes. They provide hospital staff members with a visual cue to see where they have wiped and instantly improve the quality of disinfection.
The spray category also holds a significant share in the market due to product launches. For instance, the Clorox Company, in March 2022, launched new refillable Clorox Disinfecting, an aerosol-free disinfecting mist, which effectively kills 99.9% of the viruses and bacteria on surfaces. Its bleach-free formula allows consumers to disinfect a variety of surfaces.
North America held the largest share, of around 55%, in the surface disinfectant market in 2024, and it is expected to grow at a CAGR of 9.4% during 2024–2030. This is due to the rising prevalence of chronic disease, increasing awareness of hygiene, and surging approvals of disinfectants for usage amidst the COVID-19 threat in the U.S. and Canada.
Europe also holds a significant share due the partnership between the market players. Moreover, companies are creating disinfectant that can kill the coronavirus.
Asia-Pacific Will be the fastest-growing region, with a CAGR of 9.7%, during 2024–2030. This is attributed for the rise in the investment in hygiene products and partnerships to raise awareness of cleanliness among local communities.
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