Alcohol Wipes are wet wipes with alcohol concentration above 60%, mostly used for pain relief in case of insect bites, minor burns, and scratches as alcohol disinfectant. Further, isopropyl is a major ingredient in alcohol wipes, which helps prevent the growth of various microorganisms, such as Hepatitis B and C, Diarrhea virus, Mycobacterium tuberculosis, and Human HIV-1.
Region Analysis:
North America holds the significant share in 2018 and is predicted to hold conserving a big proportion over the forecasted period owing to the growing concerns for personal hygiene and household cleansing. In North America, the U.S. accounted for approximately 60% of the market share in 2018, which is attributable to increasing demand for wipes with sanitizing and antiseptic residences.
Asia Pacific is anticipated to grow at the fastest CAGR over the forecast period, due to rising consumer recognition and developing the healthcare industry. Increasing healthcare expenditure in each public and private sectors is projected to bode properly for the regional demand for alcohol wipes. Increasing spending strength and disposable profits in growing economies inclusive of India and China are supporting regional growth.
Key Development:
· In Nov 2020, Kub Wipes, an alternative to paper- and chemical-based cloths, have launched both cotton dry wipes for skin cleansing and alcohol-based wipes for deep cleaning hands and the home..
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Segmentation:
The global Alcohol Wipes Market accounted for US$ 568 million in 2020 and is estimated to be US$ 1079.77 million by 2030 and is anticipated to register a CAGR of 7.4%. The global Alcohol Wipes Market is segmented based on type, application and region.
· On the basis of type, the global Alcohol Wipes Market is segmented into Soft Sanitizing Wipes, Sensitive Skin Wipes, and Other.
· On the basis of application, the global Alcohol Wipes Market is segmented into Pharmacy, Online Shop, Mall & Supermarket, and Others
· On the basis of region, the global Alcohol Wipes Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Analysis:
The key players operating in the global Alcohol Wipes Market includes Cardinal Health, Inc., Illinois Tool Works, Inc., Pal International Ltd., Robinson Healthcare Ltd., The Clorox Co., 3M Company, Moldex-Metric, Inc., BD India Pvt. Ltd. , Johnson & Johnson, and Gama Healthcare Ltd.
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