Healthcare Wipes Market Size Worth $17.63 Billion by 2027 | CAGR: 7.6%: Grand View Research, Inc.

Healthcare Wipes Market Size Worth $17.63 Billion by 2027 | CAGR: 7.6%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, June 10, 2020

SAN FRANCISCO, June 10, 2020 /PRNewswire/ -- The global healthcare wipes market size is anticipated to reach USD 17.63 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.6% from 2020 to 2027. Beneficial properties of healthcare wipes, such as ease of use, disposability, portability, and reduced risk of cross-contamination, are expected to favor market growth in the foreseeable future.

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Some of the other characteristics of the product including cost convenience, hygiene, performance, time saving, safety regulation, and consumer centered aesthetics are also expected to boost market growth. The application of healthcare wipes is also increasing owing to rising number of hospitals globally.

Key suggestions from the report:

Read 80 page research report with ToC on "Healthcare Wipes Market Size, Share & Trends Analysis Report By Product (Dry Wipes, Wet Wipes), By Distribution Channel (Pharmacies & Drugstores, Supermarkets & Hypermarkets), And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/healthcare-wipes-market

Some of the other characteristics of the product including cost convenience, hygiene, performance, time saving, safety regulation, and consumer centered aesthetics are also expected to boost market growth. The application of healthcare wipes is also increasing owing to rising number of hospitals globally.

The market is also driven by rising hygiene and health concerns among individuals worldwide, coupled with the use of healthcare wipes for numerous purposes, including cleaning of health-related equipment, hospital sterilization, hand sanitizing, skin cleaning, and surface cleaning. Furthermore, rising usage of healthcare wipes owing to their ability to prevent or control infection is another prominent factor augmenting the demand for the product.

In terms of product, the market has been segmented into two categories, namely dry and wet wipes. Dry wipes emerged as the largest segment in 2019 with a share of 60.1% and are expected to remain the most dominant category during the forecast period. These products allow users to perform tasks in significantly less time.

With regards to sales/distribution channels, offline distribution channels such as pharmacies and drugstores are likely to remain the most preferred platform throughout the forecast period. The e-commerce platform is expected to expand at the fastest CAGR over the forecast period owing to rising number of online retailers within the market.

Grand View Research has segmented the global healthcare wipes market based on product, distribution channel, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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