Market Definition
Surface disinfectants are chemical solutions used in the form of liquid, wipes, sprays, & gels, among others, on surfaces to inactivate & kill microorganisms. These disinfectants are gaining swift momentum among people across Saudi Arabia after viewing a growing awareness about their benefits like minimizing infections & diseases. Due to their easy application, they are now available in different types like Quaternary Ammonium compounds, Alcohols, Chlorine Compounds, Hydrogen Peroxide, Peracetic Acid, and others like Hypochlorite, Phenol, etc.
Market Insights
The Saudi Arabia Surface Disinfectant Market is projected to grow at a subsequent CAGR during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the swiftly increasing cases of chronic diseases & infections among people entwined with the growing awareness about surface disinfectants, their easy application, availability, affordability, and proven effectiveness in killing & inactivating microorganisms and reducing the possibilities of health issues.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2017-20 |
Base Year: 2021 | |
Forecast Period: 2022-27 | |
Key Companies Profiled | Colorox Company, 3M, Cantel Medical, Johnson and Johnson, Procter and Gamble, Reckitt Benkinser, Kimberly-Clark, Steris Corporation |
Unit Denominations | USD Million/Billion |
Besides, the mounting focus of the Saudi government on strengthening their healthcare sector in line with its infrastructural development plans shall also surge the demand for surface disinfectants across hospitals and augment the overall market growth through 2027.
It is principally to avoid the spread of viruses & bacteria to medical professionals & workers indulged in providing patient care services. Moreover, various guidelines laid by the government to ensure strict hygiene policies & terms in hospitals & restaurants shall also play a crucial role in fueling the growth of the surface disinfectant market in the coming years.
Impact of Covid-19 on the Saudi Arabia Surface Disinfectant Market
The advent of the Covid-19 pandemic had a decelerating effect on most industries, yet the Saudi Arabia Surface Disinfectant Market witnessed an upswing & a dramatic rise amidst the crisis. Since the virus was affecting the people so severely, the government had to impose stringent movement restrictions & lockdowns to curb the spread of this dreadful disease. It, in turn, created fear of the disease and consciousness among people to maintain hygiene and projected a necessity of disinfectants to eliminate germs.
Additionally, since the tenure of lockdowns & restrictions was uncertain, people began panic shopping and demonstrated a burgeoning demand for surface disinfectants. As a result, it generated growth opportunities for the leading players to increase their production capacities and meet the increasing consumer requirements across Saudi Arabia.
Moreover, since surface disinfectants come under the category of essentials, operations associated with their development, production, & distribution remained the same amidst the crisis. Hence, the market observed dramatic growth across Saudi Arabia in 2020.