Market Forecast By Product (Alcohols, Hydrogen Peroxide, Quaternary Ammonium Compounds, Chlorine Compounds, Peracetic Acid & Others (Phenol, Hypochlorite, etc.)), By Type (Liquids, Sprays, Wipes), By End User (Hospital, Research & Diagnostic Labs, Others (Household, Offices, etc.)), By Applications (In-House Surfaces, Instrument Disinfection) and competitive landscape
Product Code: ETC003079 | Publication Date: Jun 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Surface Disinfectant market currently, in 2023, has witnessed an HHI of 4508, Which has increased slightly as compared to the HHI of 3112 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Mexico Surface Disinfectant Market |
Forecast period | 2024-2030 |
CAGR | 3% |
Growing Sector | Healthcare |
The Mexico Surface Disinfectant Market report extensively covers the market by product type, by Type, by End User and by Applications. The report provides impartial and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Mexico Surface Disinfectant Market is projected to witness substantial growth in the forecast period. The market growth can be attributed to the increasing awareness about hygiene and cleanliness, as well as rising concerns over infectious diseases.
According to 6Wresearch, the Mexico Surface Disinfectant Market is estimated to grow at a CAGR of 3% during the forecast period. The growth in the market is driven by the increasing awareness about hygiene and cleanliness, particularly in urban areas. With rising disposable income and changing consumer lifestyles, there has been a higher demand for products that ensure a germ-free environment. Additionally, the outbreak of COVID-19 has led to a significant increase in demand for surface disinfectants in both household and industrial settings. The need to maintain strict sanitation protocols to prevent the spread of the virus has further boosted sales of these products. Moreover, advancements in technology leading to innovative products with shorter contact times and better efficacy are further driving market growth.
Despite the growth in the market, certain challenges can hinder the Mexico Surface Disinfectant Market's growth in the forecast period. The main challenge is the presence of counterfeit products in the market, which can be harmful and ineffective. This poses a significant threat to consumer health and safety. Another challenge is the lack of standardized regulations for surface disinfectants in Mexico. The absence of specific guidelines for product efficacy and safety can lead to confusion among consumers and may hinder market growth.
Leading players in the market include 3M Company, Clorox Company, Reckitt Benckiser Group PLC, Procter & Gamble Co. and Unilever PLC. These companies are consistently investing in Research and Development activities to develop innovative products and expand their market reach. Currently, 3M holds the largest share in the market.
The Mexican government has taken several measures to regulate the surface disinfectant market in the country. The Federal Commission for Protection against Sanitary Risk (COFEPRIS) is responsible for overseeing the production, importation, and distribution of disinfectants in Mexico. COFEPRIS released new regulations for disinfectants, which focused on product labeling, ingredient restrictions, and safety standards. These regulations aim to ensure the quality and effectiveness of surface disinfectants available in the market. Furthermore, with the current COVID-19 pandemic, the government has implemented strict guidelines for businesses and public places to maintain a clean and hygienic environment.
The Mexico Surface Disinfectant Market is expected to witness steady growth in the coming years, driven by the increasing importance of infection control and hygiene measures in healthcare facilities. The market is also expected to benefit from technological advancements leading to innovative products with improved efficacy and shorter contact times.ย Moreover, with a rising awareness about hygiene and infection prevention among consumers, there is potential for expansion into other sectors such as food and beverage, hospitality, and household cleaning. This presents opportunities for new players to enter the market and compete with established brands.
According to Dhaval, Research Manager, 6Wresearch, the Alcohol segment holds the dominant share in the market due to its high efficiency against a broad spectrum of pathogens and rapid evaporation that leaves no residue.
The liquids hold the dominant share in the market. Liquids are the most commonly used form of surface disinfectants due to their ease of use and effectiveness against a wide range of pathogens.
Hospital applications hold the dominant share as the primary user of high-quality surface disinfectants for infection control, driving consistent demand in the healthcare sector.
In-House Surfaces applications hold the dominant share in the use of surface disinfectants for regular cleaning and disinfection, helping prevent the spread of pathogens within a facility or home.
The market study offers an in-depth analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Mexico Surface Disinfectant Market Overview |
3.1. Mexico Surface Disinfectant Market Revenues, 2020-2030F |
3.2. Mexico Surface Disinfectant Market Revenue Share, By Product, 2020 & 2030F |
3.3. Mexico Surface Disinfectant Market Revenue Share, By Type, 2020 & 2030F |
3.4 Mexico Surface Disinfectant Market Revenue Share, By Applications, 2020 & 2030F |
3.5 Mexico Surface Disinfectant Market Revenue Share, By End User, 2020 & 2030F |
3.6. Mexico Surface Disinfectant Market - Industry Life Cycle |
3.7. Mexico Surface Disinfectant Market - Porterโs Five Forces |
4. Mexico Surface Disinfectant Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Mexico Surface Disinfectant Market Trends |
6. Mexico Surface Disinfectant Market Overview, By Product |
6.1. Mexico Surface Disinfectant Market Revenues, By Alcohols , 2020-2030F |
6.2. Mexico Surface Disinfectant Market Revenues, By Hydrogen Peroxide, 2020-2030F |
6.3. Mexico Surface Disinfectant Market Revenues, By Quaternary Ammonium Compounds, 2020-2030F |
6.4. Mexico Surface Disinfectant Market Revenues, By Chlorine Compounds, 2020-2030F |
6.5. Mexico Surface Disinfectant Market Revenues, By Peracetic Acid, 2020-2030F |
6.6. Mexico Surface Disinfectant Market Revenues, By Other Products, 2020-2030F |
7. Mexico Surface Disinfectant Market Overview, By Type |
7.1. Mexico Surface Disinfectant Market Revenues, By Liquids, 2020-2030F |
7.2. Mexico Surface Disinfectant Market Revenues, By Sprays, 2020-2030F |
7.3. Mexico Surface Disinfectant Market Revenues, By Wipes, 2020-2030F |
8. Mexico Surface Disinfectant Market Overview, By End User |
8.1. Mexico Surface Disinfectant Market Revenues, By Hospital, 2020-2030F |
8.2. Mexico Surface Disinfectant Market Revenues, By Research & Diagnostic Labs, 2020-2030F |
8.3. Mexico Surface Disinfectant Market Revenues, By Other End Users, 2020-2030F |
9. Mexico Surface Disinfectant Market Overview, By Applications |
9.1. Mexico Surface Disinfectant Market Revenues, By In House Surfaces, 2020-2030F |
9.2. Mexico Surface Disinfectant Market Revenues, By Instrument Disinfection, 2020-2030F |
10. Mexico Surface Disinfectant Market Key Performance Indicators |
11. Mexico Surface Disinfectant Market Opportunity Assessment |
11.1. Mexico Surface Disinfectant Market Opportunity Assessment, By Product, 2030F |
11.2. Mexico Surface Disinfectant Market Opportunity Assessment, By Type, 2030F |
11.3. Mexico Surface Disinfectant Market Opportunity Assessment, By End User, 2030F |
11.4 Mexico Surface Disinfectant Market Opportunity Assessment, By Applications, 2030F |
12. Mexico Surface Disinfectant Market Competitive Landscapeย |
12.1. Mexico Surface Disinfectant Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Mexico Surface Disinfectant Market Revenue Share, By Companies, 2023 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |