According to a report released by the United Market Research Company, the global alcohol wipes market in 2020 will be 568 million U.S. dollars and is expected to reach 1.13 billion by 2030 USD, the compound annual growth rate is 7.3% from 2021 to 2030. The report provides an in-depth analysis of top investment areas, top winning strategies, driving factors and opportunities, market size and estimates, competitive landscape, and changing market trends.
Increasing awareness of the use of wet wipes and maintaining optimal hygiene, as well as increased demand from the healthcare industry, has driven the growth of the global alcohol wipes market. On the other hand, the high inflammatory properties of alcohol wipes inhibit their growth to a certain extent. Nonetheless, the surge in e-commerce sales and increased demand for the product during driving, hiking, and traveling are expected to create lucrative opportunities for the industry.
Analyzed the global alcohol wipes market across fabric materials, end users, distribution channels and regions. Based on textile materials, the synthetic part will account for nearly two-thirds of the total market share in 2020 and is expected to dominate by the end of 2030. On the other hand, the natural part will quote the fastest compound annual growth rate of 7.8% throughout the forecast period.
Based on end users, the commercial sector contributed more than three-fifths of the total market revenue in 2020 and is expected to lead by 2030. The same sector will also grow at the fastest compound annual growth rate of 7.5% from 2021 to 2030.
Geographically, Europe will occupy a major share in 2020, accounting for about one-third of the global alcohol wipes market. At the same time, by 2030, the compound annual growth rate of the Asia-Pacific market will reach 8.5% at the fastest. The other two provinces discussed in the report include North America and LAMEA.
We focus on the research and development, production and sales of wet wipes of different categories. Our wet wipes categories include alcohol wipes, disinfection wipes, cleaning wipes, makeup remover wipes, baby wipes, car wipes, pet wipes, kitchen wipes, dry wipes, face wipes, etc.
Post time: Sep-09-2021