Market analysis and insights:
Healthcare Wipes Market size was estimated to be worth USD 11.97 billion in 2022 and is anticipated to grow to USD 20.90 billion by 2030, expanding at a CAGR of 7.89% from 2023 to 2030.
The growing concern and awareness about health and hygiene issues around the world has resulted in an increase in demand for healthcare wipes.
Healthcare Wipes Market Scope :
|Revenue forecast in 2030
|USD 20.90 billion
|CAGR of 7.89 % during 2020-2030
|by Type, By Distribution Channel, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
|Key Players Profiled
|Procter and Gamble, 3M, Johnson & Johnson, Diamond Wipes International Inc, The Clorox Company, Kimberly-Clark Corporation, Costco Wholesale Corporation, Reckitt Benckiser Group PLC, Procotech Limited, and Beiersdorf AG
Healthcare wipes are a safe and effective method of cleaning and disinfecting surfaces in healthcare facilities.
Healthcare wipes are pre-moistened, disposable cloths used to clean and disinfect surfaces in healthcare facilities. They're usually constructed of a soft, absorbent material that's been injected with a cleaning or disinfecting substance. Healthcare wipes are used to clean surfaces such as worktops, tables, bedrails, and medical equipment. They can also be used to clean patients' skin prior to and after treatments
Key Market Segmentation:
Insights on Type:
The wet wipe is growing at the fastest growth rate
the wet wipes segment of the healthcare wipes market is expected to grow at a CAGR of 8.3% during the forecast period 2022-2030. This growth is being driven by the increasing demand for wet wipes in healthcare settings due to their convenience and ease of use. Wet wipes are also more effective at cleaning and disinfecting surfaces than dry wipes.
Insights on Distribution Channel:
The E-Commerce segment is boosting
During the projection period, the e-commerce segment of the healthcare wipes distribution channel is predicted to develop at the quickest CAGR. This is related to the growing popularity of online buying as well as the increasing need for convenience in healthcare settings. E-commerce platforms make it easier for healthcare professionals to buy healthcare wipes, and they provide a greater selection of products than traditional brick-and-mortar businesses.
Insights on Region Analysis:
The North-America to render Ample Financing Opportunities
The North America region is predicted to lead the healthcare wipes market between 2022 and 2030. This is attributable to the region's rising prevalence of chronic diseases such as diabetes and cancer. Furthermore, increased awareness of the necessity of infection prevention and control in healthcare settings is driving market expansion in North America.
During the projected period, the United States and Canada are expected to dominate the North American healthcare wipes market. These countries have well-developed healthcare systems and a high demand for medical wipes.
To obtain a competitive edge in the market, these businesses have been heavily concentrating on techniques including new product development, mergers and acquisitions, collaborations, agreements, and alliances.
The Healthcare Wipes market is dominated by a number of major companies, including Procter and Gamble, 3M, Johnson & Johnson, Diamond Wipes International Inc, The Clorox Company, Kimberly-Clark Corporation, Costco Wholesale Corporation, Reckitt Benckiser Group PLC, Procotech Limited, and Beiersdorf AG
COVID-19 Impact and Market Status
Virus has led to increased in demand
The pandemic of COVID-19 has had a huge influence on the healthcare wipes market. The virus's spread has raised the demand for healthcare wipes in hospitals, clinics, and other healthcare settings. This is due to the fact that healthcare wipes are an effective way to clean and disinfect surfaces, which can aid in the prevention of infection spread.
Aside from increasing demand for healthcare wipes in healthcare settings, the COVID-19 pandemic has increased demand for healthcare wipes in other contexts such as schools, offices, and retail establishments. This is due to increased awareness of the necessity of hand cleanliness and surface cleaning in limiting the transmission of infection.
Latest Trends and Innovation:
1. In 2021, Kimberly-Clark introduced a new brand of healthcare wipes claimed to be more effective at cleaning and disinfecting surfaces. The wipes are produced with a new recipe that contains more alcohol, and they are also pre-moistened, making them easier to use.
2. In 2022, Johnson & Johnson launched a new brand of antimicrobial wipes that are designed to destroy 99.9% of bacteria. The wipes are manufactured with a unique composition that includes a blend of essential oils and are fragrance-free, making them soft on the skin.
3. Clorox introduced a new range of environmentally friendly wet wipes in 2023. The wipes are manufactured from a plant-based mix and are biodegradable.
Significant Growth Factors:
The rise in e-commerce is also driving the healthcare wipes market. Healthcare wipes are a convenient product to buy online, and the rise of e-commerce is making it easier for customers to do so.
Increasing demand for infection prevention and control (IPC) in healthcare settings: The healthcare wipes market is being driven by rising demand for IPC in healthcare settings. Infection prevention and control (IPC) is the practise of preventing the transmission of infection, and healthcare wipes are Ian excellent approach to clean and disinfect surfaces. increased chronic disease prevalence: The increased prevalence of chronic diseases is also driving the healthcare wipes industry. Chronic disorders, such as diabetes and cancer, necessitate frequent medical care, which might contribute to infection spread. In these situations, healthcare wipes can help to prevent the spread of infection.
Antimicrobial resistance is a rising issue that makes killing germs and bacteria more difficult.
The increasing incidence of antimicrobial resistance: Antimicrobial resistance is a growing issue that makes killing germs and bacteria more difficult. This is a problem for the healthcare wipes market because wipes are frequently used to kill germs and bacteria.
Healthcare costs are rising: Healthcare prices are rising, placing pressure on healthcare providers to find methods to cut costs. This is a difficulty for the healthcare wipes market since wipes are a consumable commodity, and growing healthcare costs make it more difficult for healthcare providers to afford wipes.