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: ETC002416 | Publication Date: Apr 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Surface Disinfectant market currently, in 2023, has witnessed an HHI of 2027, Which has increased moderately as compared to the HHI of 1911 in 2017. The market is moving towards moderately competitive. 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 | Thailand Surface Disinfectant Marketย |
Forecast period | 2024-2030 |
CAGR | 7.08% |
Growing Sector | Disinfection |
The Thailand Surface Disinfectant Market report thoroughly covers the market by Product, Type, End User, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would assist stakeholders in devising and aligning their market strategies in line with the current and future market dynamics.
The Thailand Surface Disinfectant Market is an important segment within the Asia-Pacific region, and it is expected to grow significantly in tandem with the worldwide surface disinfectant market. The Thai market, which prioritises sanitation and cleanliness, reflects the growing global demand for effective disinfection solutions. Leading manufacturers are actively developing products to address the growing demand for dependable and convenient surface disinfection solutions. Thailand's market characteristics, together with legislative backing and increased infection control awareness, position it as a crucial participant in determining the region's future surface disinfectant landscape.
According to 6Wresearch, the Thailand Surface Disinfectant Market size is projected to grow at a prominent CAGR of 7.80% during the forecast period of 2024-2030. Surface disinfectants are becoming more and more common in Thailand for a variety of reasons. The need for trustworthy disinfection solutions is primarily driven by growing urbanisation and health consciousness. Because they are essential for maintaining hygiene and stopping the transmission of illness, surface disinfectants are becoming more and more sought for. Growing consumer knowledge of the advantages of innovative surface disinfectantsโsuch as their safe composition, versatility, and efficient formulationโis driving market expansion. The fact that surface disinfectant is utilised in so many different settingsโfrom households to hospitalsโmay be partly responsible for the market's expansion. Thailand's surface disinfectant market is being driven by a combination of rising health consciousness, industry requirements, product benefits, and consumer preferences.
The Thailand surface disinfectant market has chances for growth, but there are also obstacles that must be removed to guarantee the market's stable expansion. Among these hurdles include supply chain management problems, changing raw material prices, and strict health and safety laws. The need for constant innovation and the quick shift in customer preferences are two other issues. Market growth may be impacted by modifications to the global supply chain for hygiene products. These problems can be addressed in part by strategic alliances, R&D investments, efficient supply chain management, and a flexible approach to handling market complexity.
Leading players in the Thailand Surface Disinfectant Industry include Local Disinfectant Company, Global Disinfectant Co., and Trusted Hygiene Co. These companies are known for their expertise in providing high-quality surface disinfectants for various sectors.
The surface disinfectant sector in Thailand depends heavily on government regulations since they guarantee fair trading methods, consumer safety, and high standards of quality. The government of Thailand has implemented policies that are intended to safeguard consumers and encourage moral business practices in the different segments of the surface disinfectant market. These rules address a number of topics, including the necessity of better product information transparency on labels, the requirement for high-quality standards to uphold product standards, and the importance of hygiene and safety throughout the disinfection production process. Environmental considerations are taken into account by government rules that govern sustainable practices in the manufacturing and processing of surface disinfectants. Companies in the Thailand surface disinfectant industry must abide by these rules in order to keep their good name and please clients.
The surface disinfectant market in Thailand is anticipated to expand quickly in the upcoming years due to increased innovation. Growing health consciousness and attention to efficient cleaning methods will probably drive market expansion. The industry's emphasis on quality and safety, combined with elements like advanced surface disinfectant features and environmentally concerned customer behaviour, ought to encourage market expansion. Therefore, it is anticipated that the surface disinfectant market in Thailand will expand, change, and increase in value throughout the course of the forecast period. Businesses in this industry stand to gain from these shifts if they match their operations with sustainability objectives and adjust to the evolving demands of customers who care about the environment.
According to Dhaval, Research Manager, 6Wresearch, the Product segment forecasted to exhibit the highest growth in future years is โAlcohols". The increasing health consciousness, infrastructural development, and focus on effective disinfecting are key drivers of this market.
The market segmented by type, specifically 'Wipes', is anticipated to grow rapidly due to their exceptional efficacy and convenience. Wipes are becoming increasingly popular for their convenience in different sectors such as healthcare and hospitality.
'Hospital' is the market segmentation by end users that is expected to grow at a high rate. This can be attributed to the increased emphasis on healthcare hygiene practices and need for hospital-specific disinfectant solutions.
Compared to Instrument Disinfection, the In-House Surfaces segment is expected to have substantial increase. Surface disinfectants designed specifically for use on interior surfaces are in high demand due to the growing emphasis on upholding hygienic and clean conditions in public, business, and residential areas.
The report provides a comprehensive study 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. Thailand Surface Disinfectant Market Overview |
3.1. Thailand Surface Disinfectant Market Revenues, 2020-2030F |
3.2. Thailand Surface Disinfectant Market Revenue Share, By Product, 2020 & 2030F |
3.3. Thailand Surface Disinfectant Market Revenue Share, By Type, 2020 & 2030F |
3.4 Thailand Surface Disinfectant Market Revenue Share, By Applications, 2020 & 2030F |
3.5 Thailand Surface Disinfectant Market Revenue Share, By End User, 2020 & 2030F |
3.6. Thailand Surface Disinfectant Market - Industry Life Cycle |
3.7. Thailand Surface Disinfectant Market - Porterโs Five Forces |
4. Thailand Surface Disinfectant Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Thailand Surface Disinfectant Market Trends |
6. Thailand Surface Disinfectant Market Overview, By Product |
6.1. Thailand Surface Disinfectant Market Revenues, By Alcohols, 2020-2030F |
6.2. Thailand Surface Disinfectant Market Revenues, By Hydrogen Peroxide, 2020-2030F |
6.3. Thailand Surface Disinfectant Market Revenues, By Quaternary Ammonium Compounds, 2020-2030F |
6.4. Thailand Surface Disinfectant Market Revenues, By Chlorine Compounds, 2020-2030F |
6.5. Thailand Surface Disinfectant Market Revenues, By Peracetic Acid, 2020-2030F |
6.6. Thailand Surface Disinfectant Market Revenues, By Other Products, 2020-2030F |
7. Thailand Surface Disinfectant Market Overview, By Type |
7.1. Thailand Surface Disinfectant Market Revenues, By Liquids, 2020-2030F |
7.2. Thailand Surface Disinfectant Market Revenues, By Sprays, 2020-2030F |
7.3. Thailand Surface Disinfectant Market Revenues, By Wipes, 2020-2030F |
8. Thailand Surface Disinfectant Market Overview, By End User |
8.1. Thailand Surface Disinfectant Market Revenues, By Hospital, 2020-2030F |
8.2. Thailand Surface Disinfectant Market Revenues, By Research & Diagnostic Labs, 2020-2030F |
8.3. Thailand Surface Disinfectant Market Revenues, By Other End Users, 2020-2030F |
9. Thailand Surface Disinfectant Market Overview, By Applications |
9.1. Thailand Surface Disinfectant Market Revenues, By In House Surfaces, 2020-2030F |
9.2. Thailand Surface Disinfectant Market Revenues, By Instrument Disinfection, 2020-2030F |
10. Thailand Surface Disinfectant Market Key Performance Indicators |
11. Thailand Surface Disinfectant Market Opportunity Assessment |
11.1. Thailand Surface Disinfectant Market Opportunity Assessment, By Product, 2030F |
11.2. Thailand Surface Disinfectant Market Opportunity Assessment, By Type, 2030F |
11.3. Thailand Surface Disinfectant Market Opportunity Assessment, By End User, 2030F |
11.4 Thailand Surface Disinfectant Market Opportunity Assessment, By Applications, 2030F |
12. Thailand Surface Disinfectant Market Competitive Landscapeย |
12.1. Thailand Surface Disinfectant Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Thailand Surface Disinfectant Market Revenue Share, By Companies, 2023 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |