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: ETC003109 | Publication Date: Jul 2020 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Sri Lanka Surface Disinfectant Market registered a decline of -78.44% in value shipments in 2022 as compared to 2021 and an increase of 23.7% CAGR in 2022 over a period of 2017. In Surface Disinfectant Market Sri Lanka is becoming more competitive as the HHI index in 2022 was 2577 while in 2017 it was 3331. 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 less numbers of players or countries exporting in the market.
Sri Lanka has reportedly relied more on imports to meet its growing demand in Surface Disinfectant Market. Sri Lanka is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Surface Disinfectant Market in 2022 was 13.78 while in 2017 it was 24416.4. India, Vietnam, Belgium, China and Thailand were among the top players of the market in 2022, where India acquired the largest market share of 42.94% with a shipment value of 0.35 million USD in 2022 India also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Surface Disinfectant Market. In 2017 India had the largest market share of 52.88% with the shipment value of 0.55 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although India offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Sri Lanka Surface Disinfectant Market in 2017.
SriLanka surface disinfectant market is estimated to grow over the next few years due to growing cases of infections caused by the outbreak of the Covid-19 pandemic. The government in SriLanka is focusing on maintaining hygiene and cleanliness among public infrastructure and hospitals. The government has provided financial assistance and incentives to companies to encourage bulk production of surface disinfectants in the country. Growing demand for surface disinfectants has led to a shortage of raw materials in SriLanka. Additionally, the companies are also facing rise in prices of raw materials in the country. These factors will further spur the demand for surface disinfectant over the coming years in SriLanka.
According to 6Wresearch, Srilanka Surface Disinfectant Market size is projected to register growth during 2020-2026. Growing marine transport, rising cases of Covid-19 infections, developing medical infrastructure, rising awareness among public regarding cleanliness as well as increasing government initiatives are some of the key growth drivers of the SriLanka surface disinfectant market during the forecast period.
In terms of product category, the spray segment is projected to show significant growth during the forecast period owing to several factors such as ease of use and durability. By end-users, the hospital segment is anticipated to register the highest growth on account of higher incidence of hospital-acquired infections which has raised the adoption of infection control measures in hospitals.
The SriLanka surface disinfectant market report thoroughly covers the market by product, product type, application, and end-users. SriLanka surface disinfectant market outlook report provides an unbiased and detailed analysis of the on-going SriLanka surface disinfectant market trends, SriLanka surface disinfectant market share, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The SriLanka surface disinfectant market report provides a detailed 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. SriLanka Surface Disinfectant Market Overview |
3.1. SriLanka Surface Disinfectant Market Revenues, 2016-2026F |
3.2. SriLanka Surface Disinfectant Market Revenue Share, By Product, 2019 & 2026F |
3.3. SriLanka Surface Disinfectant Market Revenue Share, By Type, 2019 & 2026F |
3.4 SriLanka Surface Disinfectant Market Revenue Share, By Applications, 2019 & 2026F |
3.5 SriLanka Surface Disinfectant Market Revenue Share, By End User, 2019 & 2026F |
3.6. SriLanka Surface Disinfectant Market - Industry Life Cycle |
3.7. SriLanka Surface Disinfectant Market - Porter’s Five Forces |
4. SriLanka Surface Disinfectant Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. SriLanka Surface Disinfectant Market Trends |
6. SriLanka Surface Disinfectant Market Overview, By Product |
6.1. SriLanka Surface Disinfectant Market Revenues, By Alcohols , 2016-2026F |
6.2. SriLanka Surface Disinfectant Market Revenues, By Hydrogen Peroxide, 2016-2026F |
6.3. SriLanka Surface Disinfectant Market Revenues, By Quaternary Ammonium Compounds, 2016-2026F |
6.4. SriLanka Surface Disinfectant Market Revenues, By Chlorine Compounds, 2016-2026F |
6.5. SriLanka Surface Disinfectant Market Revenues, By Peracetic Acid, 2016-2026F |
6.6. SriLanka Surface Disinfectant Market Revenues, By Other Products, 2016-2026F |
7. SriLanka Surface Disinfectant Market Overview, By Type |
7.1. SriLanka Surface Disinfectant Market Revenues, By Liquids, 2016-2026F |
7.2. SriLanka Surface Disinfectant Market Revenues, By Sprays, 2016-2026F |
7.3. SriLanka Surface Disinfectant Market Revenues, By Wipes, 2016-2026F |
8. SriLanka Surface Disinfectant Market Overview, By End User |
8.1. SriLanka Surface Disinfectant Market Revenues, By Hospital, 2016-2026F |
8.2. SriLanka Surface Disinfectant Market Revenues, By Research & Diagnostic Labs, 2016-2026F |
8.3. SriLanka Surface Disinfectant Market Revenues, By Other End Users, 2016-2026F |
9. SriLanka Surface Disinfectant Market Overview, By Applications |
9.1. SriLanka Surface Disinfectant Market Revenues, By In House Surfaces, 2016-2026F |
9.2. SriLanka Surface Disinfectant Market Revenues, By Instrument Disinfection, 2016-2026F |
10. SriLanka Surface Disinfectant Market Key Performance Indicators |
11. SriLanka Surface Disinfectant Market Opportunity Assessment |
11.1. SriLanka Surface Disinfectant Market Opportunity Assessment, By Product, 2026F |
11.2. SriLanka Surface Disinfectant Market Opportunity Assessment, By Type, 2026F |
11.3. SriLanka Surface Disinfectant Market Opportunity Assessment, By End User, 2026F |
11.4 SriLanka Surface Disinfectant Market Opportunity Assessment, By Applications, 2026F |
12. SriLanka Surface Disinfectant Market Competitive Landscape |
12.1. SriLanka Surface Disinfectant Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. SriLanka Surface Disinfectant Market Revenue Share, By Companies, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |