The Europe Medical Disinfectant Wipes Market would witness market growth of 6.2% CAGR during the forecast period (2021-2027).
For their babies, modern mothers prefer alcohol-free disinfecting wipes. The active ingredient in alcohol-free products is Benzalkonium Chloride, a quaternary ammonium. Alcohol-free disinfecting wipes, unlike alcohol-based products, frequently have a Benzalkonium content of less than 0.1 percent. Multi-surface cleaning wipes are becoming increasingly popular among millennials. Manufacturers are now selling cleaning wipes with added value that can be used on a variety of surfaces, including kitchens, cars, home appliances, mobile phones, doors, windows, and furniture.
During the forecast period, rising investments in the hospitality industry, such as resorts, spas, hotels, and tourism, are expected to drive market expansion. Furthermore, during the COVID-19 pandemic, healthcare institutions in underdeveloped nations saw substantial changes. The demand for disinfection wipes in the business sector would be driven by a greater attention on cleanliness and shifting hygiene standards in light of the COVID-19 crisis.
With the rising growing infrastructural facilities of hotels and hospitality, the demand for various sanitation and cleaning products including medical disinfectant wipes is witnessing a surge in the region. The tourism sector of this region is very strong and hence, the facilities and infrastructure of various nations are also becoming better. According to the World Bank Group, approximately 31.88 million international tourists visited Austria in 2019, gaining 3.46 percent from the previous year. Furthermore, the widespread presence of various types of manufacturing plant setup in nations such as the United Kingdom, Germany, Spain, and Italy encourages the use of industrial wipes.
Germany's total healthcare expenditures in 2019 is about €400 billion, not counting wellness and fitness spending. Over the last ten years, the market has increased at a rate of 4.1 percent. Healthcare is one of Germany's greatest economic sectors, with over 7.5 million employees and exports over €126 billion.
The Germany market dominated the Europe Medical Disinfectant Wipes Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $347.9 million by 2027. The UK market is exhibiting a CAGR of 5.3% during (2021 - 2027). Additionally, The France market would witness a CAGR of 6.9% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into B2B and B2C (Pharmacies/Drug Stores, Hypermarkets/Supermarkets, Online, and Others). Based on Type, the market is segmented into Surface Disinfectant Wipes, Germicidal Disposable Wipes, Hydrogen Peroxide Disinfectant Wipes, and Others. Based on Application, the market is segmented into Hospitals & Clinics, Dental Clinic, Nursing Home, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Medical Disinfectant Wipes Market Size will Hit $5.6 Billion by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Steris PLC, 3M Company, The Clorox Company, Metrex Research, LLC, Maxill, Inc., Sunshine Global LLC, Kimberly-Clark Corporation, PDI Healthcare, Inc., Reckitt Benckiser Group PLC, and Weiman Products, LLC.
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