Hand Sanitizer Market, By Product (Gel, Foam, Liquid), By Distribution Channel (Hypermarket & Superm

Published Date: July 2020 | Report Code : HC2068799

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Hand Sanitizer Market, By Product (Gel, Foam, Liquid), By Distribution Channel (Hypermarket & Supermarket, Drug Store, Specialty Store, Online), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) – Market Size & Forecasting To 2028

COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.

Domain : Healthcare

Report Code : HC2068799

Status : Published July 2020

Global Hand Sanitizer Market expected to get around USD 1,800 million by 2028, at a CAGR of from USD 300 million in 2019. Hand sanitizer is an antiseptic solution that is used as a substitute for soap and water. Hand sanitizer basically used to reduce the risk of infection that can be majorly caused through hand transmission.

Hand sanitizer is effective solution compare than traditional method of hand cleaning. In past decades soap and water mostly used for cleaning purpose of hand but now days world is facing pandemic condition COVID-19 disease. So to overcome from this disease hand sanitizer is best solution to provide complete safety against infections. Due to rising use of hand sanitizer number of company enrolled in manufacturing of sanitizer. For example, Irvine based Biogennix company launched a clinical strength hand sanitizer to reduce the effect of COVID-19.

The major factor governing hand sanitizer market such as rising awareness towards hand hygiene is increasing use of hand sanitizer which inhibits the infection of nosocomial infection. A part from this government initiative is also raise the popularity of hand sanitizer for increasing awareness as well as avoid health issues among population. For example, the WHO and FDA have taken initiatives in order to increase awareness of hand hygiene as well as reduce the risk of COVID-19 infection.

Moreover, the rising influence of social media and online advertisements has exposed people to the recent trends of personal care and hygiene which is also accelerating the usage of hand sanitizers among consumers. These advertisements also allow people to get exposed to information regarding cleansers and healthy lifestyles. Key companies such as Reckitt Benckiser Group plc and Hindustan Unilever are also leading among consumers with their initiatives on spreading awareness about basic hand hygiene. Apart from this rising incidence of COVID-19 also raise the demand of handsanitizer for instance :As per the WHO,in 2020 around 14 348 858 corona cases has been reported in 216 countries.

Key Factors Impacting the Growth of Hand Sanitizer Market:

  • Rising demand from healthcare, hospitality, residential, education, corporate, government, and military sectors.
  • Increasing awareness about the benefits of hand sanitizer among the customers.
  • Growing customer preference towards health and wellness as well as product innovation such as fragrance in formulation of sanitizers are propel the growth of this market.
  • Increasing incidence of corona cases day to day also influence on the demand of hand sanitizer market.
  • Increasing healthcare expenditure also raise the demand of hand sanitizer market.

The hand sanitizer market segmentation is based on product, distribution channel, and region.

Product Type Outlook:

In terms of product type, the hand sanitizer market has been divided into gel, foam, liquid.The liquid segment accounted for a prominent share of the market, in terms of revenue, in 2017. The segment is additionally expected to expand at the fastest CAGR during the forecast period.

Disease indication Outlook:

In terms of disease indication, the market has been segregated into gel, foam, liquid. The growing prevalence of infected disease is one among the many factors which will have a positive impact on the expansion of the market. As of July 2020, the eruption of the corona virus disease (COVID-19) was confirmed around 120 countries. This virus has infected 14,657,508 people worldwide, and the number of deaths had totaled 609,125. The most affected countries as U.S, Italy and U.K. Rising prevalence of corona cases raise the demand of hand sanitizer. This boosts the adoption of the hand sanitizer across various healthcare centers while leading the hand sanitizer market to register a CAGR of on the brink of xx% during the forecast period.

Regional Outlook:

On the idea of geography, the worldwide hand sanitizer market is segmented into North America, Europe, Asia Pacific, Middle East &Africa and South America. North America is predicted to carry dominant position during this market, due to rising cases of infected disease such as corona virus in the North America region. Emerging economies also are projected to witness significant growth in market over the forecast period, due to high prevalence of infected disease. For example In 2020 July, around 60,000 cases reported for corona infected patient in U.S.  The factors such as unhygienic, not maintain social distance etc. Thus, emerging economies like Asia Pacific and South America is probably going to be the fastest growing region throughout the forecast period.The hand sanitizer market in Asia Pacific is predicted to expand at a big pace thanks to developing healthcare infrastructure and increasing government support for people. Other regions, like Middle East & Africa and South America, are expected to be lucrative markets for hand sanitizer within the near future, thanks to the high rate of adoption of advanced medical devices including the rapid expansion of the health care industry in these regions.

Competitive Landscape

The hand sanitizer market in Asia Pacific is predicted to expand at an enormous pace because of developing healthcare infrastructure and increasing government support for people. Other regions, like Middle East & Africa and Latin America, are expected to be lucrative markets for hand sanitizer within the near future, because of the high rate of adoption of hand sanitizer including the rapid expansion of the health care industry in these regions.

This report also includes the profiles of key hand sanitizer companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Hand sanitizer Market:

  • In April 2018, Arrow Solutions announced the launch of KR10 hand sanitizer, alcohol free foam sanitizer which designed for frequent use. By this product launch company enhance their business.

What Does This Report Provide?

This report provides a detailed understanding of the global Hand sanitizer market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Product

  • Gel
  • Foam
  • Liquid

By Distribution Channel

  • Hypermarket & Supermarket
  • Drug Store
  • Specialty Store
  • Online

By Region:

  • North America Hand Sanitizer Market
    • By Country (US, Canada, Mexico)
    • By Product type
    • By Disease indication
  • Europe Hand Sanitizer Market
    • By Country (Russia, Germany, UK, France, Italy, Spain, The Netherlands,Rest of Europe)
    • By Product type
    • By Disease indication
  • Asia Pacific Hand Sanitizer Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product type
    • By Disease indication
  • Middle East & Africa Hand Sanitizer Market
    • By Country (UAE, Saudi Arabia, Qatar, Turkey, South Africa, Rest of Middle East and Africa)
    • By Product type
    • By Disease indication
  • South America Hand Sanitizer Market
    • By Country (Argentina, Brazil, Rest of South America)
    • By Product type
    • By Disease indication

Reasons to Buy This Report:

  • Market size estimation of the Hand sanitizer market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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