Clorox, the world's biggest maker of disinfectant cleaning materials, said consumers will continue to see a shortage of its wipes and other products into 2021 because of overwhelming demand during the pandemic.
While all kinds of disinfectant products have been flying off store shelves since March, wipes have been in especially high demand with consumers. Clorox , which dominates the $1 billion disinfectant wipes market with a 45% market share, said it has aggressively ramped up production for its cleaning products, but it still won't be enough.No one can get disinfectant wipes.
One company found a clever solution to put them on shelves"Given the fact that cold and flu sits in the middle of the year, and then we expect the pandemic to be with us for the entirety of the year, it will take the full year to get up to the supply levels that we need to be at," Clorox President and CEO-elect Linda Rendle said Monday in a call with analysts to discuss the company's earnings.
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