DUBLIN--(BUSINESS WIRE)--The "Global Hand Sanitizer Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
According to this report the global market for hand sanitizers has been able to gain popularity in recent years due to rising levels of hygiene awareness across the globe. This helped the market to gain a value of around USD 5 Billion in the year of 2021, with a CAGR of around 6% till 2021.
Companies Mentioned
- Best Sanitizer, Inc.
- S.C. Johnson and Son, Inc.
- Chattem, Inc.
- Cleenol Group Limited
- Elyptol, Inc.
- EO Products
- GOJO Industries, Inc.
- Henkel AG & Company, KGaA
- Hello Bello
- Jao Brands
- Kutol Products Company, Inc.
- 3M Company
- Procter & Gamble
- Reckitt Benckiser Group Plc.
- The Clorox Company
- The Honest Company
- The Himalya Drug Company
- Unilever
- Vi-Jon Laboratories
All the products of hand sanitizers are segmented under the basis of alcohol-based and non-alcohol based. Hand sanitizers are available in the form of gel, liquid, spray, and foam hand sanitizers. Moreover, other products such as hand sanitizing wipes are also accounting for a considerable demand in the market. Gel hand sanitizers are handy to carry without any spillage and are vastly demanded in the markets of North America and Europe.
On the other hand, Liquid hand sanitizers are widely used in restaurants, clinics, cafes, etc. with their relevant market shares in regions of Asia Pacific, North America, and Europe. Foam and spray hand sanitizers are new products that are largely preferred in hospitals and they do not require rubbing. In this way, different hand sanitizer forms are demanded in different markets across the world. The hand sanitizer market has an organized sales channel with its availability in Pharmacy stores, departmental stores, and online retail stores.
The increasing demand for hand sanitizers is further supported by the rising prevalence of various gastrointestinal, respiratory and skin infections among the masses. Alcohol-based hand sanitizers can minimize the transmission of harmful bacteria and viruses present on the skin or palm of the hands, thereby reducing the instances of stomach infections, diarrhea, nausea and vomiting. In comparison to the traditionally used hand washes and soaps, hand sanitizers contain ingredients that can also aid in minimizing dryness and irritation on the skin. Product manufacturers are developing sanitizers with natural and organic ingredients that do not cause allergies and are non-toxic in nature.
The Asia-Pacific region is recognized as a hotspot for biodiversity, but is suffering from rapid and extensive erosion of that diversity. As biodiversity loss is thought to be a major explanatory factor of the increase in emergence of infectious diseases, Asia-Pacific appears a key region on the patterns of infectious diseases.
These factors have fueled the growth of the Hand Sanitizer market in the region. Europe is one of the prime regions of the world with a world-class medical facility. Moreover, countries such as Italy and France are the top countries having classic medical facilities in world comparison. People of Europe are also hygiene conscious and spend a part of their income to buy hygiene products such as hand sanitizers. Hence, markets in Europe are very necessary for brands to sustain themselves in the global market.
The market in the region of North America is observing a commendable growth rate during the forecast period due to factors like changing consumer behavior about self hygiene. Manufacturers are coming up with innovative products such as the smart hand sanitizer dispenser which is safer, simpler, and has fewer chances of spreading the disease while using public hand sanitizer has played a vital role in the growing consumption of the product.
The South American Region is facing an economic crisis for many years which makes its market grow at a slower or developing pace. On the other side, the Middle East & African markets are having limited products as people here are less aware of their hygiene. In the case of African countries, the disposable income of people is so low that most of them cannot buy hygiene products for a longer period. Hence, in a nutshell, these regions need to be developed in terms of campaigning and marketing to bring awareness among the people to switch over the products such as hand sanitizers.
Considered in the report
- Geography: Global
- Base year: 2021
- Historical year: 2016
- Forecasted year: 2027
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic / Demographic Snapshot
5. Global Hand Sanitizer Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Product Type
5.2.2. By Type
5.2.3. By Sales Channel
5.2.4. By Region
5.2.5. By Country
5.2.6. By Company
5.3. Global Gel Sanitizer Market outlook
5.4. Global Liquid Sanitizer Market outlook
5.5. Global Foam Sanitizer Market outlook
5.6. Global Spray Sanitizer Market outlook
6. North America Hand Sanitizer Market Outlook
7. Europe Hand Sanitizer Market Outlook
8. Asia-Pacific Hand Sanitizer Market Outlook
9. South America Hand Sanitizer Market Outlook
10. Middle East & Africa Hand Sanitizer Market Outlook
11. Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends and Developments
13. Company Profiles
14. Strategic Recommendations
15. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/ag7bn0
