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Thursday, 23 Apr 2020 11:59 am

40.0% Global CAGR For Hand Sanitizer Market to Achieve US$ 39,223.1 Million by 2027

The Hand Sanitizer Market was valued at US$ 2,421.1 million in 2018 and is projected to be worth US$ 39,223.1 million by 2027, growing at a CAGR of 40.0% during the forecast period.

By SMN Bureau

The Hand Sanitizer market, based on fiber type, is segmented into glass fiber and carbon fiber. In 2018, the glass fiber segment accounted for the largest share of the global Hand Sanitizer market, whereas the carbon fiber segment is expected to register the fastest growth rate during the forecast period. 

Hand sanitizer is a liquid that is used to decrease infectious agents present on the hands and palm. Different forms of hand sanitizers are available in the Hand Sanitizer market, including foam sanitizers, gel sanitizers, wipes, and spray sanitizers. Both the alcohol-based and non-alcoholic hand sanitizers are offered by most of the market players. These sanitizers kill 99.9% of most common germs and keep the hands clean. Some of the manufacturers are offering foam sanitizers coupled with gel sanitizers that contain vitamin E, and shea extract, which kills most of the common germs & leaves hands feeling soft & clean. The gel-based hand sanitizer, coupled with alcohol content kills most common germs that may cause illness. Gel sanitizers have wider applications in hospitals, restaurants, educational institutions, household, shopping malls, movie theatres, and others. Hand sanitizing wipes are also known as antibacterial wipes, which are meant to kill 99 percent of germs, and most of these wipes contain alcohol.

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The consumers in most developed and developing countries in North America, Europe, and Asia-Pacific are quite a concern regarding the maintenance of a healthy and hygienic lifestyle. Research study shows that there are so many germs and bacteria spreads that are present in palm & hands and sometimes go to mouth while eating food. Germs can get into the body through the mouth, nose, breaks in the skin, and eyes. These germs cause various diseases, including skin infection, eye infection, cold, stomach aching, and many others. To prevent these diseases, hand sanitizers help a lot by killing germs, bacteria, and viruses up to 99%. Hand sanitizers are available in liquid, spray, and wipes form, which are used to decrease infectious agents on the hands. Alcohol-based hand sanitizers are more preferable by the consumers globally. The alcohol-based version is on the list of the World Health Organization’s essential medicines, as the safest and most effective medicines needed in a health system.

Company Profiles

  • Henkel AG & Company, KGAA
  • Reckitt Benckiser Group plc
  • 3M
  • Ecolab
  • GOJO Industries Inc.
  • Unilever plc
  • The Himalaya Drug Company
  • Godrej Industries Limited
  • Procter & Gamble
  • S.C. Johnson & Son

Hand sanitizers, also known by names such as hand rub and hand antiseptics, are used to neutralize germs and microbes on the surface of the skin. They are frequently used in occupational and healthcare settings when the risk of transmitting infectious pathogens is much higher. The efficacy of hand sanitizers is dependent on various factors such as the quantity of hand sanitizer used, frequency of use, duration of exposure. However, hand sanitizers do not serve as replacements for thorough hand washing. They are rather thought to bring users some of the benefits of handwashing when it is not practical to wash hands. The increasing awareness about hand hygiene, increase in living standard, and rising concern about one's wellness has generated significant demand for hand sanitizers.

Along with lifestyle and chronic diseases, cold, fever, infections are commonly spread diseases among consumers; hence people are quite a concern towards preventing the same, working population, kids, students, and other people who go out every day and get in contact with germs highly needed hand sanitizers. Frequent use of hand sanitizers prevent the germs. The government of different countries has also taken initiatives to educate people towards leaving a hygienic lifestyle. The Clean Hands campaign by the US Centers for Disease Control and Prevention (CDC) instructs the public for hand washing and the use of sanitizing products. Various non-government organizations are also actively working to educate people living in remote areas to maintain health and hygiene. In addition to that, marketing and promotional activities by major manufacturers of hand sanitizers play an important role in creating awareness among consumers. Printing media and digital media are quite popular among consumers, and through various advertisements, these market players are continuously trying to create awareness among consumers and to sell more products to gain major market share. These factors are driving the market growth for hand sanitizers.

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hand sanitizer Market Table of Contents:

Chapter 1 industry overview
Chapter 2 Major segmentation classification, application and etc.
Chapter 3 production market analysis
Chapter 4 sales market analysis
Chapter 5 consumption market analysis
Chapter 6 production, sales and consumption market comparison analysis
Chapter 7 competition analysis by players
Chapter 8 marketing channel analysis
Chapter 9 new project investment feasibility analysis
Chapter 10 industrial chain, sourcing strategy and downstream buyers
Chapter 11 marketing strategy analysis, distributors/traders
Chapter 12 global and regional market forecast
Chapter 14 market dynamics
Chapter 15 market effect factors analysis
Chapter 16 conclusions
Research methodology

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Tags Hand Sanitizer Market Hand Sanitizer

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