The global Hand Sanitizer market is expected to reach USD 11.12 Billion by 2030, according to a new report by Reports and Data. The growing demand for hand sanitizers is owing to its benefits in decreasing the transmission of gastrointestinal and respiratory infectious diseases, as well as it possesses constituents that prevent skin dryness and irritation as compared to hand-washing. Studies have found that the use of hand sanitizers in classrooms may lessen student absenteeism by around 20.0% owing to illness. Further, growing awareness about hand hygiene to check the spread infections contracted in hospitals is driving the market demand.
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Market Dynamics:
The global Hand Sanitizer market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 pandemic. Rapid revenue growth is attributed to factors such as rising disposable income, improvements in standard of living, and increasing preference for organic food and plant based food products. Moreover, rising health conscious population, increasing preference for online shopping and doorstep deliveries and growing inclination of veganism in several countries across the globe and increasing focus on developing novel products to cater to consumer demand are other factors expected to support market growth going ahead.
Competitive Landscape:
The research report offers details about leading companies in the global Hand Sanitizer market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
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Major Companies:
- Reckitt Benckiser Group PLC,
- Unilever,
- Procter Gamble,
- GOJO Industries, Inc.,
- C. Johnson Son Inc.,
- CVS Health,
- Paul Hartmann AG,
- Best Sanitizers, Inc.,
- Vi-Jon,
- Himalaya Wellness Company.
Market Segmentation:
The report also sheds light on the market segmentation based on type, application and region:
By Type Outlook
- Alcohol-based
- Non-Alcohol based
By Active Ingredient Outlook
- Ethanol or Ethyl Alcohol
- Banzalkonium Chloride
- Isopropyl
By Form Outlook
- Gel
- Liquid
- Foam
By End-Use Outlook
- Hospitals Clinics
- Hotels Restaurants
- Households
- Others
Hand Sanitizer Market Segmentation based on Regions:
North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East Africa
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