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 size is projected to grow at a subsequent CAGR during the forecast period, i.e., 2023-28. 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: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
Region Covered | East, West, South, Central |
Key Companies Profiled | 3M, Ecolab, Spartan, Clorox, Reckitt Benckiser, Steris, Cantel, SC Johnson and Son, Procter & Gamble, Diversity Holding Ltd., Other |
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 2028.
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.
Market Segmentation
Based on End-Users:
Of all end-users, Hospitals are anticipated to dominate the Saudi Arabia Surface Disinfectant Market with the largest share during the forecast period. It owes principally to the increasing government focus on expanding the country's healthcare sector, especially after the Covid-19 pandemic, i.e., surging the demand for surface disinfectants and stimulating the overall market growth.
Besides, with the increasing number of chronic diseases & Covid-19 cases, the need to safeguard medical personnel from direct exposure to infections & viruses is propelling the demand for surface disinfectants across hospitals and, in turn, projecting significant growth opportunities for the market through 2028.
Based on Type:
Here, Alcohol dominated the Saudi Arabia Surface Disinfectant Market with the largest share in previous years, and the same trend is likely during 2023-28. It owes principally to the mounting awareness among people about the higher effectiveness of alcohol-based disinfectants entwined with the rising need for sanitization to curb the spread of diseases & infections.
Besides, the easy application, availability, affordability, and proven effectiveness of alcohol-based disinfectants are other prominent aspects propelling their demand & augmenting the overall market growth across Saudi Arabia. It, in turn, is generating growth opportunities for the leading players to expand their production capacities and meet the mounting consumer requirements in the country over the forecast years.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Saudi Arabia Surface Disinfectant Market is expecting around 7% CAGR during 2023-28.
A. Stringent guidelines for hospitals & restaurants on ensuring utmost safety & hygiene within their premises are projected to drive the Saudi Arabia Surface Disinfectant Market during 2023-28.
A. Alcohol-based surface disinfectants are anticipated to emerge as an area of remunerative opportunities for the leading players in the Saudi Arabia Surface Disinfectant Market in the coming years.
Saudi Arabia Surface Disinfectant Market Research Report (2023-2028) - Table of Contents