Hand Sanitizer Market:
As per GMI Research’s latest analysis, Global Hand Sanitizer Market reveals that the market is slated to register a higher CAGR over the forecast period. This is mainly attributed to the ,government’s increasing number of initiatives like offering licenses to the distilleries, growing disposable income, and increasing spending on health.
Hand Sanitizer Market’s leading Manufacturers:
- Procter & Gamble
- Reckitt Benckiser Group plc
- Himalaya Herbal Healthcare
- Best Sanitizers, Inc.
- Unilever
- Henkel Corporation
- Vi-Jon
- GOJO Industries, Inc.
- Carroll Company
- Cossmic Products
Hand Sanitizer Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The outbreak of the COVID-19 pandemic has surged the hygiene concerns and the increasing government efforts to spread awareness related to hygiene by supporting campaigns introduced by organizations, such as WHO. These key drivers are propelling the growth of the global hand sanitizer market size. Moreover, the increasing number of government initiatives, like offering licenses to the distilleries, will boost the production volume of the hand-sanitizes. For example, The Food and Drug Administration (FDA) announced guidance for the temporary preparation of the alcohol-based hand sanitizers by those firms who are registered as over-the-counter drug manufacturers under the circumstances that are there in the guidance for the duration of a public health emergency. The strong adoption of hand sanitizers in various areas that include hospitals and healthcare facilities, to protect the widespread of the COVID-19, which will further augment the growth of the global hand sanitizer market share in terms of revenue in the upcoming years. The increasing cases of the COVID-19 have led to an upsurge in the awareness among the consumers for adopting cleaning practices and frequent sanitizing their hands. All these factors are boosting the demand of the market worldwide.
According to the hand sanitizer market report, the growing disposable income, increasing spending on health, and the drastic shift of consumers towards wellness & healthy lifestyles will bring various new opportunities to the market during the forecast period. Numerous global organizations are largely adopting strategies and introducing marketing and promotional campaigns to support the use of hand sanitizers among their target audiences. On the other hand, the factor hindering market growth includes the growing awareness of the health concerns regarding the sanitizers’ chemical ingredients.
Product Segment Drivers
Based on the product, the gel is predicted to rise at a higher CAGR over the coming years due to the high adoption of gel-based hand sanitizers as a result of their capability to spread easily and penetrate the skin to destroy the bacteria. Additionally, ease to use and the need for less time to kill the germs are fuelling the market growth.
Hand Sanitizer Market Segmentation:
Segmentation by Product:
- Gel
- Liquid
- Foam
Segmentation by Distribution Channel:
- Drug Store
- Hypermarket & Supermarket
- Specialty Store
- Online
Segmentation by Content:
- Alcohol Based
- Upto 60% Content
- Above 60% Content
- Non-Alcohol Based
Segmentation by Packaging Type:
- Dispensing Packets
- Flip-Flop Bottles
- Jars/Cans
- Pump Bottles
Segmentation by Pack Size:
- Below 100 ml
- 101 ml-300 ml
- 301 ml -500 ml
- 501 ml & Above
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
