The global portable UV sanitizing boxes market size is anticipated to reach USD 305.6 million by 2027, expanding at a CAGR of 15.4%, according to a new report by Grand View Research, Inc. Increasing rate of infectious diseases in hospitals, low power consumption, and ease of portability for cleaning small objects in home and commercial space is driving the market. Growing awareness among consumers regarding cleaning of smartphone, wallets, keychains, and watches to prevent transmission of disease is acting as a major driver for the growth of the market.
As
per Google Trends, search for UV phone sanitizers have hit breakout thresholds
on Google, growing by more than 5,000% in the first quarter of 2020 owing to
the recent outbreak of COVID-19. Moreover, PhoneSoap LLC had witnessed a growth
in revenue by 20 times compared to revenue generated in 2019 for March. Traffic
on the company’s website has increased by 3,000%, resulting in most of the UV
based product of the company to be out of stock. These aforementioned factors
are estimated to boost the demand over the forecasted period.
As
per research conducted by tech care company Asurion in 2019, Americans check
their phone 96 times a day around once in every 10 minutes. There is rise in
20.0% in daily check compared to usage in 2017. As per report published by
GERMS, a median of 17,032 bacterial 16S rRNA genes were found per phone of high
school student. Moreover, as per scientist at the University of Arizona found
that cell phones carry 10 times more bacteria than most toilet seats. These
factors are estimated to boost the demand for portable UV sanitizing boxes
among consumers.
In
terms of application,the residential segment is estimated to be the largest and
fastest growing segment with a CAGR of 15.8% from 2020 to 2027.Rising awareness
among consumers pertaining to number of infectious bacteria’s present on the
daily used objects is acting as a major driver for increasing adoption of
portable UV sanitizing boxes. To gain market share companies in the market are
introducing new products. For instance, in April 2020, Totallee, launched UV
phone sanitizer with features such as killing of germs and bacteria via UVB and
UVC rays, dual bulb for maximum cleaning, along with charging facility. The box
is not only applicable for cleaning phone but also can be used forkeys,
wallets, and AirPods.
Offline
distribution channel dominated the market with revenue-based share of 30.7% in
2019. Brick and mortar is the most preferred distribution channel due to
provision of detail instructions about usability by the product specialists.
Many consumers in the market prefer purchasing form the stores to find the
right fit as per their need and get right product.
North
America dominated the market with a revenue-based market share of 40.5% in
2019.Demand in the region is high as consumers in the region are more aware and
are willing to spend on innovative and value-added products. Higher expenditure
power of the healthcare segment is increasingly adopting product to reduce the
number of hospital-acquired infections.
Full Research Report On Portable UV Sanitizing Boxes Market Visit Here:
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Portable UV
Sanitizing Boxes Market Report Highlights
- The residential segment is
expected to reach USD 198.7 million by 2027, expanding at a CAGR of 15.8%
from 2020 to 2027
- Online distribution channel
was valued at USD 29.8 million in 2019 and is expected to reach USD 100.4
million by 2027
- Asia Pacific is expected to
witness substantial growth over the forecast period with a revenue based
CAGR of 16.8% from 2020 to 2027.
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Portable UV
Sanitizing Boxes Market Segmentation
Grand View Research has segmented
the global portable UV sanitizing boxes market by application, distribution
channel, and region:
Portable UV
Sanitizing Boxes Application Outlook (Revenue, USD Million, 2016 - 2027)
- Residential
- Commercial
Portable UV
Sanitizing Boxes Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
- Online
- Offline
Portable UV
Sanitizing Boxes Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Italy
- Asia Pacific
- China
- Japan
- Rest of the World
- Brazil
List of Key Players
of Portable UV Sanitizing Boxes Market
- PhoneSoap LLC
- CleanSlate UV
- PhonoClean
- Phone Tubs
- HoMedics USA LLC
- LovingCase (Shenzhen Nuoweir
Co.)
- Sterilize My Phone LLC
- Coospider beauty
- Munchkin, Inc.
- ANPEI smart medical device
technology (ShenZhen) Co., Ltd.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com