October 22, 2021
Hand Sanitizer

Hand Sanitizer Market to Record 21.75% CAGR Through 2027

The global hand sanitizer market size was accounted for US$ 2.64 billion in 2019, decelerating at a CAGR of 21.75% from 2020 to 2027. The report contains 150+ pages with detailed analysis.

The study provides the overall revenue of the global hand sanitizer market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global hand sanitizer market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the hand sanitizer industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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.

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.

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Regional Snapshots

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.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global hand sanitizer market are as follows:

  • 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

Market Segmentation

By Product Type

  • Foam
  • Gel
  • Liquid

By Distribution Channel

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

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global hand sanitizer market. It examines trends and factors influencing demand for hand sanitizer globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for hand sanitizer across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on hand sanitizer. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

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 2020-2027 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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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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