Apr 08, 2020

Sales of Bleach Wipes to Soar amid COVID-19 Pandemic, Demand-Supply Gaps to Heighten, Finds Fact.MR

by Team Fact.MR

While the COVID-19 pandemic has been detrimental to multiple industries, there has been significant increase in demand for disinfectant products like bleach wipes. The increase in demand can be attributed to residential demand as well as commercial and clinical usage. While bleach wipes’ manufacturers have been trying to meet the increase in demand, multiple companies have witnessed a dip in inventories. The market is expected to show a significantspurt, evaluated as 30% year-on-year growth in 2020 over 2019.

Key Takeaways ofBleach WipesMarket

  • North America accounts for nearly one third share in the bleach wipes market, and the regional demand is expected to show significant increase during the forecast period.
  • Surge in demand from direct sales is anticipated owing to the COVID-19 pandemic, with clinical and commercial usage portraying significant increase during forecast.
  • Clinical usage of bleach wipes is expected to grow 1.3X during 2020 over 2019, and overall growth during the forecast is expected to be 1.5X.
  • In terms of fragrance, scented bleach wipes are expected to show higher growth over standard bleach wipes and projected grow by 1.5X between 2020 and 2030.
  • Bleach wipes market has shown positive growth during the COVID-19 pandemic and is expected to be fastest growing product type among disinfectant wipes.

“Bleach wipes market is expected to show significant growth due to the COVID-19 pandemic. Investments to increase clinical contracts for disinfectant products like bleach wipes are expected to be highly lucrative”, says Fact.MR analyst

Enhanced Production by Manufacturers to Give Traction to Bleach Wipes Market

Bleach wipes market has shown significant growth during the COVID-19 pandemic. With significant increase in growth, a rift between supply and demand has been created. Multiple companies like The Clorox Company have been dipping into its inventories to fulfill the increasing demand. This increased demand is also expected to put pressureonoptimizing production capacity within a shortturnaround time. New product launches by companies like Medline are expected to farewell owing to this increase in demand. In 2019, Medline launched new micro-kill bleach germicidal bleach wipes in the market, which are designed to clean hospital surfaces.

Find More Valuable Insights on Bleach Wipes Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global bleach wipes market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030. The study divulges compelling insights on the bleach wipes market on the basis of fragrance (standard bleach wipes and scented bleach wipes), usage (clinical usage, commercial usage and residential usage) and sales channel {direct sales and retail sales(modern trade, online retail, medical stores and others)} across seven major regions.

>>> To Get more insights on bleach wipes market, visit- https://www.factmr.com/report/4699/bleach-wipes-market

About the Retail and Consumer Goods Division at Fact.MR

Being a consortium of large number of sub-industries, not many market research companies are being able to fulfil the requirements of consumer product clients. Though, Fact.MR retail and consumer goods analysts at Fact.MR have been categorically tracking the broader sub-industries to keep themselves abreast of the recent happenings in the market. Our practical approach to product design and pricing strategy contributes to the growth of businesses that are struggling to hit the ‘move-the-needle’ bottom line. With unmatched analytical diligence, the team at Fact.MR helps organizations design product differentiation strategies and introduce exclusive product(s) to their existing portfolio. For more consumer goods domain insights, visit here.