Over the forecast period, a rise in the number of new product releases by major market players is anticipated to propel the global disinfectant sprayers market. For instance, Jereh Group, an oil field services provider and producer of oilfield equipment, grew its clientele by introducing new electrostatic disinfection sprayers for Covid-19 management in March 2020. The company improved its electrostatic disinfection sprayers with specialised design and functionality that have been used effectively in hospitals and produced favourable results.
The market for Disinfectant Sprayers is anticipated to reach a value of US$ 9,707.3 million in 2023 and is projected to grow at a CAGR of 7.5% from 2023 to 2030.
Key Companies in the Disinfectant Sprayers Industry:
1. 3M: Founded in 1902. Headquarters in the United States. Developer of technological platforms for nonwoven materials, nanotechnology, surface modification, light management, microreplication, and adhesives. Through monetary investments, product donations, and the most significant resource that boosts community vibrancy by raising living standards, preparing young people for success in life, expanding access to high-quality and diverse arts opportunities, and supporting international humanitarian relief efforts, the company's technology platforms support stronger and more sustainable communities. Acelity (May 2019), MModal (Dec 2018), and Scott Safety (Oct 2017) are the most recent acquisitions.
2. Procter & Gamble: Procter & Gamble, which was established in 1837, has grown to be one of the biggest producers of consumer goods in the world, with annual sales of more than $80 billion. It has a portfolio of well-known products, including more than 20 that have annual global sales of at least $1 billion apiece, including Pampers diapers, Charmin toilet paper, Pantene shampoo, and Tide laundry detergent. In the year 2012, P&G transferred ownership of its final food brand, Pringles, to Kellogg. About 53% of the company's consolidated sales were made outside of its native market. The most recent acquisitions include OUAI Haircare (Dec 2021), TULA (Jan 2022), and Mielle Organics (Jan 2023).
3. Reckitt Benckiser Group PLC: Established in 1839. Located in England, in the United Kingdom. Benckiser, established in the Netherlands, and Reckitt & Colman, a British company, merged to form Reckitt Benckiser in 1999. It sells a portfolio of household and consumer health products like Lysol, Finish, Durex, and Mucinex, many of which occupy the number-one or -two positions in their categories globally. Recently renamed under the corporate name Reckitt. By acquiring Mead Johnson in 2017, Reckitt reorganised its portfolio, entered the infant formula business, grew its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and left the food sector.
4. Cantel Medical Corporation: Founded in 1963. United States headquarters. Manufacturer of water purification systems for use in dialysis treatment, dentistry supplies, and equipment for endoscope disinfection, Cantel Medical is situated in New Jersey and produces hospital supplies for infection control. The company reports revenues in four categories: life sciences (19%), dental (32%), medical (46% of fiscal 2020 sales), and dialysis (3%). Geographic exposure is predominantly in the United States, which generates around 75% of revenue, with the remaining 25% coming from overseas markets. STERIS plc (NYSE: STE) ("STERIS" or the "Company") and Cantel Medical Corp (NYSE:CMD) ("Cantel") announced that STERIS had signed a binding contract to acquire Cantel through a U.S. subsidiary.
5. The Clorox Company: Established in 1913. Headquarters in the United States. Since its founding more than a century ago, Clorox has developed into a major player in a number of consumer product categories, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal care items. Five different US states have acquired The Clorox. The industries that the company is most focused on include consumer goods (63%) and medical items (25%). Join Mergr to view The Clorox's M&A summary, the summaries of businesses that are similar to it, and information on recent M&A in the consumer products industry.
6. Ecolab: Established in 1923. United States headquarters. Ecolab manufactures and sells cleaning and sanitation supplies for the healthcare, industrial, and hospitality sectors. With a wide range of goods and services, such as dish and laundry washing systems, pest control measures, and infection control solutions, the company has the largest market share in the world in this industry. The business currently dominates the American market and is attempting to boost its profitability elsewhere. Additionally, Ecolab provides specialised solutions to clients in the end markets of water, manufacturing, and life sciences. On June 5, 2023, Ecolab Inc., a global leader in water, hygiene, and infection control that safeguards people and life's essential resources, announced that it has acquired Deloitte's Brand Operations Services division.
7. SC Johnson Professional: Manufacturer of items for air care, pest control, home storage, and domestic cleaning is SC Johnson. The business sells cleaning supplies for the house, such as deep cleaners, disinfectants, degreasers, air care items like home fragrances, items for preserving food in the home, and auto care items including waxes, cleansers, protectors, and more. Additionally, it provides a variety of pest control solutions, including bug and mosquito repellents, liquid electrics, and coils. Its main office is in Racine, Wisconsin, where it was established in 1886. By extending and broadening their concentrate cleaner products, SC Johnson is continuing to address the challenge of plastic waste.
*Definition: Disinfection is a process that eliminates many or all pathogenic microorganisms, except bacterial spores, on objects. In health-care settings, objects are disinfected by liquid chemicals or wet pasteurization. Disinfectant sprays are biochemical instruments that are used to kill microorganisms including bacteria, germs, and others present on still surfaces.
