Global Hand Sanitizer Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Hand Sanitizer Market Overview:

The Hand Sanitizer Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.

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The Hand Sanitizer Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

The Hand Sanitizer Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

The global hand sanitizer market report has been segmented on the basis of product, distribution channel, end-user, and region.

Hand hygiene is one of the primary methods used to reduce oral transmitted infections. Hand sanitizers are also known as hand antiseptics, hand rubs act by disinfecting the hand.

Hand sanitizers are primarily used as an optional to traditional handwashing with soap and water.

Hand hygiene is an effective strategy for reducing the global burden of infectious diseases, particularly respiratory and gastrointestinal illnesses which are primarily caused due to poor hand hygiene.

Hand sanitizer is generally composed of nearly 60 percent alcohol and other ingredients such as fragrance, colorants, emulsifiers, etc.

It is widely used in homes, hospitals, child care facilities, doctor’s offices, dentist offices, etc. The effectiveness of the sanitizer depends on the amount and type of alcohol used in the product.

The benefits of using hand sanitizer are, requires less time than hand washing, acts quickly to kill microorganisms on hands, is more accessible than sinks, are less irritating to the skin than soap and water.

Increasing awareness among consumers regarding hand hygiene for the prevention of contagious diseases is the key driver for the growth of the global hand sanitizer market.

In addition, improved standard of living, higher disposable income, support and promotional campaigns from organizations such as WHO, and FDA regarding hand sanitizer, changing lifestyle of people, aging population, the convenience of cleansing hands without using water, availability of the product, increasing incidence of disease are boosting the demand for hand sanitizer.

Health risks associated with hand sanitizers due to their chemical ingredients and alcohol content may hinder the growth of the global hand sanitizer market.

The dominant players in the hand sanitizer market are focussing on the expansion of their capacity in developing countries, hence adding to growth in the hand sanitizer market. The growing demand for eco-friendly sanitizer which is free from chemicals and is made from the natural extract is growing among consumers.

The global hand sanitizer market is segmented into, product, distribution channel, end-user, and region. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The market in North America currently dominates the global hand sanitizer due to an increase in awareness regarding hygiene amongst people. Asia Pacific hand sanitizer market is anticipated to be the fastest growing owing to the increased standard of living and high disposable level of income in this region.

The dominant players in the hand sanitizer market are focussing on the expansion of their capacity in developing countries such as India and China, hence adding to growth in the hand sanitizer market.

Global Hand Sanitizer Market Segmentation:

Segmentation on the basis of product:

• Foam hand sanitizer
• Gel hand sanitizer
• Sanitizing hand wipes
• Liquid hand sanitizer
• Spray hand sanitizer

Segmentation on the basis of distribution channel:

• Supermarkets & hypermarkets
• Drug stores
• Retailers
• Others (including online platforms, and grocery stores)

Segmentation on the basis of end-user:

• Hospitals
• Schools
• Restaurants
• Household purpose
• Others (including hotels, shopping plazas, military, etc.)

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa