The global demand for Hand Sanitizer Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Hand sanitizer is a liquid or gel substance used to decrease infectious agent on the hands. It is effective at killing invisible dirt, bacteria, germs and microorganism without the use of soap and water. It is the best way of cleaning hands without water use. Alcohol-based hand sanitiser is the best known. It contains a combination of f-isopropyl alcohol, ethyl alcohol or n-propanol, efficient at killing 60 -95% of germs. The application of hand sanitizer is meant to kill the viruses and bacteria rather than only removing.
The factors such as growing awareness about hand hygiene, changing living standards, and rise in health expenditure are driving the growth of the market. Players are adopting various strategies to hold or grab consumer base. Manufacturers are adding fragrances to their formulation to attract the consumer. Rising promotion by health experts, social media and online advertisements has influence people for personal care and hygiene, which is accelerating the demand of hand sanitizers. At present, hand sanitizer is the most in-demand item in the world owing to the global coronavirus outbreak. As a result, sales of hand sanitizer are skyrocketing leading to rationing and price hikes. However, the high cost of sanitiser over hand wash is restraining the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Hand Sanitizer.
The entire Hand Sanitizer market has been sub-categorized into product, distribution channel and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Distribution Channel
By End Use
- Online Store
- Departmental Store
- Pharmacy Store
- Household Purpose
This section covers regional segmentation which accentuates on current and future demand for Hand Sanitizer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Hand Sanitizer Market ByRevenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Hand Sanitizer market include Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.