The global Hand Sanitizer Market is expected to garner growth at a CAGR of 21.75% over the forecast period 2021 to 2027.
The Hand Sanitizer market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.
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Growth Factors
Hand sanitizers prove to beadvantageous product to consumers in multiple aspects. The extent to which it is stress-free to make use of them and convenience has made the hand sanitizers prevalent amid consumers. As per studies, this product also curtails the risk of respiratory and gastrointestinal infections among users. Furthermore, hand sanitizers also comprise ingredients that aid in dropping skin irritation and dryness than hand washing. Also various studies have shown that classroom application of hand sanitizers may decrease the absence of students caused due to illness by 20%.
Growing inclination towards wellness and health and product modernization like addition of perfumes in preparation of sanitizers are anticipated to increase the growth of the global hand sanitizer market. Besides, upgrading living standards, increase in health expenditure, and surge in hand hygiene awareness, and backing from organization such as FDA, WHO, and others to the essential need for sanitation enhance the growth of global hand sanitizers market. However, health risks related with chemical ingredients are estimated to impede the market growth to some extent during the prediction period.
Market Report Scope
| Report Highlights | Details |
| Market Size in 2020 | USD 2.8 Billion |
| Growth Rate | CAGR of 21.75% from 2021 to 2027 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2027 |
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Market Overview
A recent study by Precedence Research on the Hand Sanitizer market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Hand Sanitizer market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Hand Sanitizer. The study also provides the dynamics that are responsible for influencing the future status of the Hand Sanitizer market over the forecast period.
A detailed assessment of the Hand Sanitizer market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Hand Sanitizer market along with their product portfolio enhances the reliability of this comprehensive research study.
Report Highlights
- On account of global outbreak of Coronavirus, the practice of hand sanitizers is endorsed by Centre for Disease Control and Prevention, World Health Organization, and doctors across the globe, requesting that the usage of alcohol-based hand rub is one of the most operative defenses witnessed for this virus. This factor is presently tremendously driving the demand for hand sanitizer across the world.
- In Asia Pacific region, swelling dominance of online shopping has reformed the growth of the market and is anticipated to propel the demand for hand sanitizers during years to come. For example, online websites LikeFlipkart, Amazon, Grofers, and other similar online delivery service companies are offering diverse kinds of hand hygiene products.
- In 2019, North America dominated the global hand sanitizer market due togreat hygiene standards amongst the U.S. population. Asia Pacific is estimated to witness the strong growth due to rising COVID19 pandemic outbreak and anxiety towards wellness in the region. Furthermore, upgrading lifestyle and growing disposable income are further stimulating the growth of the hand sanitizer market in Asia Pacific.
- Asia Pacific expected to record highest growth rate during years to come on account of rising awareness about hand hygiene amid consumers. Hence, ground-breaking and diverse types of hygiene and personal care products are accessible in the market emphasizing on convenience factors for buyers.
OBJECTIVES OF THE STUDY
- To analyze and forecast the electric motor market, in terms of value and volume
- To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
- To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
- To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- To strategically profile key players and comprehensively analyze their core competencies
- To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market
Research Methodology
- Market estimate for 2020
- Average selling price (ASP) per region for specific product type
- Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
- Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
- National government documents, statistical databases
- News articles, press releases, and webcasts specific to companies operating in the market
- Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
- Determination of market penetration by country
Major Players Covered in this Report
The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
- Company Overview
- Company Market Share/Positioning Analysis
- Product Offerings
- Financial Performance
- Recent Initiatives
- Key Strategies Adopted by Players
- Vendor Landscape
- List of Suppliers
- List of Buyers
Major key players operating in the market are
- Unilever
- Vi-Jon
- Chattem, Inc.
- Reckitt Benckiser Group plc
- Procter and Gamble
- The Himalaya Drug Company
- GOJO Industries, Inc.
- Best Sanitizers, Inc.
- Kutol
- Henkel AG and Company
Segments Covered in the Report
By Product Type
- Foam
- Gel
- Liquid
By Distribution Channel
- Drug Store
- Online
- Hypermarket & Supermarket
- Specialty Store
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
Why should you invest in this report?
If you are aiming to enter the global Hand Sanitizer market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Hand Sanitizer are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Hand Sanitizer Market, By Product Type
7.1. Hand Sanitizer Market, by Product Type, 2020-2027
7.1.1. Foam
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Gel
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Liquid
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Hand Sanitizer Market, By Distribution Channel
8.1. Hand Sanitizer Market, by Distribution Channel, 2020-2027
8.1.1. Drug Store
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Online
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Hypermarket & Supermarket
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Specialty Store
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Hand Sanitizer Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
Chapter 10. Company Profiles
10.1. Unilever
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Vi-Jon
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Chattem, Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Reckitt Benckiser Group plc
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Procter and Gamble
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. The Himalaya Drug Company
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. GOJO Industries, Inc.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Best Sanitizers, Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Kutol
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Henkel AG and Company
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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