Antibacterial Products Market 2021 Supply-Demand, Production Cost and Share Analysis
Antibacterial Products Industry The global antibacterial products market size is expected to reach USD 32.36 billion by 2028, registering a CAGR of 2.3% over the forecast period, according to a new report by Grand View Research, Inc. The demand for skincare and hygiene products with antibacterial and antiseptic properties is gaining popularity owing to the shifting consumer inclination towards personal hygiene and wellness. The COVID-19 pandemic has reinforced the significance of regular sanitizing and cleaning practices among consumers to prevent disease-causing germs and is among the prominent factors driving the market. Increasing levels of awareness regarding the benefits offered by antibacterial products over conventional ones are driving the market. According to the U.S. Food & Drug Administration, these products contain certain active ingredients, such as triclosan and other bacterial resistant antibiotics, that reduce and prevent bacterial infections. The ...