Consumer Goods & Retail

Global Hand Sanitizer Market

March 17, 2020
ID: SR/CG-20
Format:Pdf
Pages:220

Global Hand Sanitizer Market- By Product (Gel, Foam, Spray, and Others), By Distribution Channel (Online Store, Departmental Store, Pharmacy Store, and Others), By End Use (Restaurants, Schools, Hospitals, Household Purpose, and Others) and By Region (North America, Europe, Asia Pacific, South America, Middle East, & Africa)- Global forecast from 2020-2027.

Description

Global Hand Sanitizer Market Overview:

The global hand sanitizer market was valued at USD 2.78 billion in 2021, and it is expected to reach USD 3.48 billion in 2028 with a CAGR of 3.2 % during the forecast period of 2022-2028.

The Hand sanitizer is a form of liquid which can be used as a hand antiseptic, or hand rub agent used to remove pathogens present on the hand. Hand sanitizer comes in different forms like alcohol sanitizer, which contain ethyl alcohol. In contrast, another non-alcoholic sanitizer contains triclosan both are antibiotic compound that reduces the infections on the hands caused by the microorganisms. Hand sanitizer used to avoid hand wash with soaps and liquid as hand sanitizer is generally more effective and can be used in the situation where soap and water are not available.

Global Hand Sanitizer Market Insights

The global Hand Sanitizer market expected to grow at noteworthy CAGR in the forecast period from 2020-2027. Increasing contagious virus-like COVID 19, Ebola virus, raising air pollution diseases, rise in health standard, and awareness about hand hygiene, and with instruction given by WHO, FDA for washing hands with sanitizer to reduce the virus affect in bolstering the demand for the global hand sanitizer market.

Moreover, the rising health emergency declared by the WHO global pandemic due to the Coronavirus has fueled the demand for the global hand sanitizer market. As hand sanitizer used to prevent the infections on the hands as it comes in the different forms which do not require soap or water, the virus tends to remove as sanitizer evaporates while applying on hands.

Furthermore, with rising health awareness among the people and increasing disposable income of the consumers have allowed them to buy hand sanitizers. Therefore, it propelled the demand for hand sanitizers in the global market. Additionally, the features of hand sanitizer have also promoted its market demand. As hand sanitizer is portable, affordable, antiseptic, moisture retention property after use, 99.9 % bacteria-killing properties, which are increasing the usage and also recommended by the doctor to use hand sanitizer during any infection, for personal hygiene or after getting in touch with an infected person or thing.

Growth Driver

Increase Awareness Regarding Health

Global pandemic diseases like COVID 19 and other similar viruses have affected more than 100 countries around the world. World Health Organization and FDA are creating awareness by generating public notices, and countries like China, Italy, and others who are severely affected by this virus are recommending hand sanitizers as a necessary aid to fight with a contagious virus. Thus, increasing awareness regarding the usage of hand sanitizer has fueled the demand for the global hand sanitizer market.

Transformation of the lifestyle of every individual

The increase in disposable income of the consumers has transformed the lifestyle of the individual as people are getting more aware of personal hygiene in similar ways; they can spend and willing to buy hand sanitizers. Moreover, increasing health care facilities have emerged the market demand of hand sanitizers as doctors recommend the patients for personal hygiene to avoid infection.

By Product Segmental Analysis

Based on Product, the global Hand Sanitizer market segmented into Gel, Foam, Spray, and Others. The Gel sanitizer segment dominated the global hand sanitizers in 2019. In the wake of the moisture retention, the property comes in different flavors that improve the smell of the sanitizers, and children can use them efficiently. Additionally, the portability feature of the sanitizers has also influenced in increasing the market share of the hand sanitizers.

Moreover, the gel sanitizer is preferred more over other forms as it can be used by the children as well. The alcohol-based sanitizer contains ethyl alcohol, which smells hard and complicated for children to use it in their hands. Therefore, the gel sanitizer will remain to dominate the demand for the global hand sanitizer in the future as well.

Distribution Channel Segmental Analysis

Based on the distribution channel, the global Hand Sanitizer market classified into Online, Departmental Store, Pharmacy Store, and Others. The departmental store segment has captured the highest market share in 2019. In the wake of, various discount and offers provided to the customers has increased its market share. Additionally, the online segment has also fueled the demand for the hand sanitizer and expected to bolster its demand owing to, secure payment options, various varieties, offers, and cashback has generated the need of online segment.

End-users Segmental Analysis

Based on the end-uses channel, the global Hand Sanitizer market distributed into Restaurants, Schools, Hospitals, Household Purpose, and Others. The hospital’s segment has dominated the market. It will capture the significant market share in the forecast period as well due to the high chances of spreading infection from patients to others. Thus, the doctors use sanitizer every time after checking patients, and even staff and patients use hand sanitizers to remove the germs and microorganisms from the hands and reduce the chances of transferring the diseases or contagious virus from one another.

Region Segmental Analysis

Based on geography, the global Hand Sanitizer market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region has emerged as leading regions for the hand sanitizer market and will fuel the market growth in the forecast period from 2020-2027. Owing to increasing disposable income, the rising development in countries, and increasing healthcare awareness, rising virus infection every year, and the recent outbreak of Coronavirus has affected the entire region and other parts of the world, this increases the urgency of hand sanitizers. Moreover, the North America region will also bolster the demand for hand sanitizers market due to, improving health facilities, and increasing personal hygiene will help in fuel the demand for the global hand sanitizers market in the forecast period.

Competitor Analysis

Companies such as Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation, Unilever, Vi-Jon Laboratories Inc., Chattem Inc., Best Sanitizers Inc., and Kutol Products Company are the key players in global hand sanitizer market.

Key Stakeholders

Market research and consulting firms
Industry associations
Global Hand Sanitizer manufacturing companies
Research organizations and consulting companies
Organizations, associations, and alliances related to Hand Sanitizers
Regulatory bodies
Suppliers
Retailers

Recent Development

In April 2021, Wet Ones, a renowned brand known for its signature anti-bacterial hand wipes, announced the launch of its new liquid gel hand sanitizers and new alcohol hand sanitizing wipes.
In March 2020, Cavinkare launched cost-effective sanitizers under the brands CHIK, Raaga, and Nyle to provide protective and hygiene solutions to people from disease-causing viruses and bacteria.
In April 2020, Nycil, the Zydus Wellness-owned talc brand, launched sanitizer products in their “germ protection for family” category to expand the business during the COVID-19 pandemic.
In March 2021, Medimix, the flagship brand owned by AVA Group, announced the launch of its new range of Hand Sanitizer gel which is 100% natural with a combination of natural ingredients like aloe vera, tulsi and has anti-bacterial properties.

Scope of the Report

Report Attribute	Details
Market Size Value in 2021	USD2.78 billion
The revenue forecast in 2028	USD 3.48 billion
Growth Rate	CAGR of 3.2 % from 2022 to 2028.
Historical data	2017 – 2020
Base Year	2021
Forecast period	2022 – 2028
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	Companies such as Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation, Unilever, Vi-Jon Laboratories Inc., Chattem Inc., Best Sanitizers Inc., and Kutol Products Company are the key players in global hand sanitizer market.

The objective of the Research

Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Product

Gel
Foam
Spray
Others

Distribution channel

Online Store
Departmental Store
Pharmacy Store
Others

By End-use

Restaurants
Schools
Hospitals
Household Purpose
Others

By Region

Europe
North America
Asia Pacific
South America
Middle East & Africa

Table Of Contents

Methodology

Request Sample

Frequently Asked Questions (FAQ):

What is hand sanitizer?

Hand sanitizer is a form of liquid that can be used as a hand antiseptic or hand rub agent to remove pathogens present on the hand. Hand sanitizer is used to avoid hand washing with soaps and liquid as hand sanitizer is generally more effective and can be used when soap and water are not available.

Who are the key players in the global hand sanitizer market?

What are the growth drivers of the global hand sanitizer market?

The global hand sanitizer market has grown up after the pandemic. Rising demand for natural hand sanitizers and supportive government initiatives boosting personal hygiene awareness are some of the points which act as a growth driver to the global hand sanitizer market.

What are the impacts of COVID-19 on the global hand sanitizer market?

The global coronavirus outbreak has had a significant impact on consumer behavior and has prompted people to practice better personal hygiene. The increasing number of deaths caused by the virus triggered an alarming response from consumers, with increased attention regarding hand hygiene as a preventive measure against contracting the infection.

Which region is expected to have the largest share in the global hand sanitizer market?

North America is expected to have the largest share in the global hand sanitizer market.

What is the growth rate of the global hand sanitizer market during the forecast period 2022-2028?

The global hand sanitizer market is expected to reach USD 2.78 billion in 2021 and to reach USD 3.48 billion in 2028, with a CAGR of 3.2 %during the forecast period of 2022-2028.

What are the types of hand sanitizers in the market?

Hand sanitizer is available in the form of-

Soaps
Foam
Liquid
others

Select License

We Accept

Analyst support

After evaluating your requirements and addressing your technical problems, the expert analyst will resolve your query directly.

Customer satisfaction

According to your needs, our expert team will assist you with the capabilities, services, and proper research needs to be required and customize the report accordingly.

Inimitable expertise

Our expert team will create unrivaled reviews to provide you with a deep understanding of the reports.

Assured quality

We have created a systematic way to determine standards and satisfy your expectations.

Instant delivery

Unlike others, we provide you a great deal of instant delivery in the form of PDF/PPT/Word Doc directly to your email address within 24 hours after receiving full payment.

Privacy policy

We understand the inkling of your privacy, we will never misuse your email address.

Custom research service

We are giving you an opportunity through which you can directly ask our expert analyst to customize an exclusive study of the report to serve your research needs.

Quality & accuracy

We provide you with the accurate quality of the customized study of an exclusive report according to your research need.

Data visualization

As the business world’s growing faster every day, we understand the value of data management. We will create the reports by keeping all the visual data sets and metrics in the charts.

Information security

We truly respect your privacy and promise to keep your personal and confidential information safe and secure.