Commercial Sanitization Market to Witness Robust Growth until 2025

According to TechSci Research report, “Global Commercial Sanitization Market By Product Type (Aerosol Spray, Trigger Spray, Disinfectant Chambers, Others), By Application (Retail, Office, Hospital, Hotel, Government Building, Tourist Spots, Others), By Ingredient (Ethanol, Iso Propyl Alcohol, Hydrogen Peroxide, Sodium Hypochlorite, Chlorine Dioxide, Others), By Distribution Channel (Store Based Vs Non-Store Based), By Region, Forecast & Opportunities, 2025”, global commercial sanitization market is poised to undergo high growth rate during the forecast period. Increasing awareness regarding hygiene and the growing need for disinfection on account of spread of various contagious diseases are key factors fueling the growth of the market. Additionally, the recent outbreak of COVID-19 has created an immediate need for commercial sanitization around the globe. Moreover, the market is also witnessing growing demand for sanitizers on account of their use to disinfect hospitals, offices, hotels and other commercial workplaces that house human workforce. Also, strict government regulations pertaining to the use of surface disinfectants in places such as hospitals, is another factor driving the growth of commercial sanitization market. Also, growth in real estate sector, construction industry and retail industry are also supporting the growth of the market, thereby fueling the market growth in return. Moreover, growing risk of getting hospital-acquired infections is creating significant demand for sanitization. Moreover, guidelines such as ‘Affordable Care Act’ have made it mandatory for hospital authorities to maintain cleanliness within their facilities. Additionally, with surge in prevalence of communicable diseases such as coronavirus, the global commercial sanitization is expected to witness significant growth over the coming years. Furthermore, growing hospitality industry is also serving as one of the major growth factors for commercial sanitization market.

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The global commercial sanitization market is segmented based on product type, application, ingredient, distribution channel and region. Based on product type, the market can be categorized into aerosol spray, trigger spray, disinfectant chambers, others. Among them, the aerosol spray segment is expected to register highest growth rate during the forecast period, which can be attributed to its cost effectiveness and easy availability. Based on ingredient, the global commercial sanitization market is segmented into ethanol, iso propyl alcohol, hydrogen peroxide, sodium hypochlorite, chlorine dioxide, others. Here, the iso propyl alcohol segment is anticipated to undergo highest CAGR in the coming years as it is an excellent disinfectant and more effective against viruses as compared to disinfectants.

Major players operating in the global commercial sanitization market iinclude Unilever PLC, The Procter & Gamble Company, ABC Compounding Co., Inc., 3M Company, Arrow Solutions, DR.SCHNELL Chemie GmbH , Reckitt Benckiser Group plc , SC Johnson & Son, Inc., Ecolab G.K., E. I. DuPont De Nemours and Company, Prestige Brands, Inc., National Chemical Laboratories, Inc., etc. The companies are adopting growth strategies like mergers & acquisitions to increase their global reach and market share.

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“Asia-Pacific is expected to emerge as one of the biggest markets for commercial sanitization as the region is undergoing rapid industrial and commercial growth. Moreover, infrastructural development activities in countries like India and China are creating increasing demand for commercial sanitization owing to strict guidelines by the respective governments,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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