Asia-Pacific Clinical Towel and Wiping Products Market – Industry Trends and Forecast to 2030

Asia-Pacific Clinical Towel And Wiping Products Market Analysis and Size

The demand for the clinical towel and wiping products market is growing as people are becoming more concerned about personal hygiene. Thus, manufacturers are now more focused on developing and launching new products. The increase in expenditure on personal hygiene is anticipated to boost the market's growth going forward. Furthermore, clinical towels and wiping products are accessible in numerous sizes, materials, and thicknesses, making them feasible.

Data Bridge Market Research analyses a growth rate in the clinical towel and wiping products market in 2023-2030. The expected CAGR of the clinical towel and wiping products market is around 7% in the mentioned forecast period. The market was valued at USD 2.44 billion in 2022 and would grow to USD 4.2 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Asia-Pacific Clinical Towel And Wiping Products Market Scope and Segmentation

Market Definition

Clinical towels and wiping products are used to decontaminate high-touch environmental surfaces and non-critical medical devices in hospitals and other healthcare centers. Clinical towels and wiping products help clean any hard, non-permeable surface permitting the territory to stay soggy for about 30 seconds before drying. Ledges, sinks, installations, apparatuses, door handles, railings, tile, rock, entryway handles, earthenware production, phones, and consoles are some of the average things where clinical towels and wiping products can be used for cleaning and sterilizing.  

Asia-Pacific Clinical Towel And Wiping Products Market Dynamics

Drivers

• Increasing Healthcare Expenditure Associated with Personal Hygiene

The increase in personal hygiene expenditure helps the market offer better service to customers. For instance, as per an article published by the Centers for Disease Control and Prevention, in 2020, around 70% of people globally used basic hygiene services. Additionally, as per the report published by The Peterson Center on Healthcare and the Kaiser Family Foundation, health expenditure increased by 9.7% from 2019 to 2020, and national health expenditure grew close to $365 billion in 2020. Thus, the increase in personal hygiene expenditure is boosting the market demand. Therefore, this factor increases the growth of the market.  

Opportunities

• Growing Rate of Product Launches Related With Medical Disinfectant Wipes

Increased product innovation is a major trend gaining popularity in the market. Several key companies operating in the medical disinfectant wipes sector primarily focused on manufacturing advanced products to boost their market growth. For instance, PDI Healthcare, a US-based healthcare company, introduced Sani-Cloth Bleach Clinical Size Wipe in 2021, a new disinfecting wipe best for cleaning smaller medical equipment. This clinical wipe uses a Sani-Cloth Bleach formulation that can deactivate around 50 microorganisms. This is suitable for disinfecting different medical equipment and decreasing unnecessary waste. Thus, this factor boosts market growth.

Restraints/Challenges

• Side-Effects of Disinfectant Wipes

There are various side effects associated with disinfectant wipes that impede market growth. They can cause eye, skin, and respiratory irritation. These wipes' fragrances and active ingredients can cause allergic reactions and asthma. They have also been associated with reproductive issues and hormone disruption. All these factors hamper the growth of the market.

• Alternatives for Disinfectant Wipes

There are various substitutes for disinfectant wipes that are natural and also less harmful than clinical towels and wiping products. Alternatives such as vinegar, hot water, alcohol, hydrogen peroxide, essential oils, and borax like this 20-mule team borax multisurface cleaner are widely used instead of clinical ones and are thus impeding the growth of the market.

This clinical towel and wiping products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the clinical towel and wiping products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In 2022, Essity AB, a Swedish-based hygiene and health company, acquired Legacy Converting, Inc. for $40 million. Through this acquisition, Essity AB aims to expand its wiping and cleaning products line and pick up important North American market customer segments. Legacy Converting, Inc. is a U.S.-based manufacturer of disinfectant wipes and related products.
• In 2020, Reckitt Benckiser Group Plc. announced the partnership with Jumia, a successful e-commerce pathway used in Africa. This collaboration was done to bring easy access to the hygiene products of the company. The Covid-19 impact has also increased the demand in the market, thus increasing company revenue.

Asia-Pacific Clinical Towel And Wiping Products Market Scope

The clinical towel and wiping products market is segmented on the basis of product, material type, end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Clinical Towels
• Wipers/Wipes
• Washcloth

Material Type

• Textile Fibre Wipes
• Virgin Fiber Wipes
• Advanced Fiber Wipes
• Others

End User

• Healthcare Industry
• Non-Healthcare

Clinical Towel And Wiping Products Market Regional Analysis/Insights

The clinical towel and wiping products market is analyzed and market size insights and trends are provided by product, material type, end user as referenced above.

The major countries covered in the clinical towel and wiping products market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).

China is expected to have the highest growth rate in the forecast period due to the increasing incidence of wipes in Hospital Acquired Infections (HAIS). Also increasing awareness of hygiene and preventive healthcare is also helping in boosting the market growth.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Asia-Pacific Clinical Towel And Wiping Products Market Share Analysis

The clinical towel and wiping products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to clinical towel and wiping products market

Key players operating in the clinical towel and wiping products market include:

• KCWW (U.S.)
• Cardinal Health (Germany)
• Medline Industries, Inc. (U.S.)
• 3M (U.S.)
•  carenowmedical (India)
• The Clorox Company (U.S.)
• Wesba Clean Products Company Ltd (China)
• Unilever (U.K.)
• GOJO Industries, Inc (U.S.)
• Yessor Wipes (India)
• Shandong Zhaoguan Medicine Industry Co., Ltd (China)
• Stepan Company (U.S.)
• ITWProBrands (U.S.)
• Kleen-Pak Products Pte Ltd (Singapore)
• Reckitt Benckiser Group PLC (U.K.) 

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