Global Hand Sanitizer Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

Hand sanitizers are majorly used as an alternative to the soaps and hand washes. It is preferably used in the absence of the water. The extent to which it is easy to use as well as portable and convenient, the product has gained popularity among the customers. Additionally, they also help in minimizing the risk of gastrointestinal and respiratory infections. Moreover, the composition of hand sanitizers also contain certain ingredients like lanolin as well as emollients and humectants which help in reducing skin irritation and dryness in compared to hand washing. The Global Hand Sanitizer Market size was valued at USD 1311.6 billion in 2020 and it is expected to reach USD 3191.5 billion by 2030 with the CAGR of 9.30% during 2020-2030.
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Market Dynamics and Factors:
Due to the global outbreak of COVID-19 pandemic, demand for hand hygiene products is increasing rapidly. Factors like increasing health consciousness, growing promotional activities like advertising, sales promotion and online marketing, increase in the potency of internet to shape the end-users’ purchasing behavior, support from organizers like World Health Organization (WHO) are contributing the global hand sanitizer market growth. Also, renowned manufacturing companies such as Henkel Corporation, Procter & Gamble and Unilever have been offering hand sanitizers in convenient and portable packaging such as sachet and mini bottles. These factors have widened the scope for the market. However, the growth of alcohol-free hand sanitizer is limited due to incapability of killing germs, bacteria and viruses. This will further hamper the alcohol-free hand sanitizer market growth in the forecast period.
Market Segmentation:
Global Hand Sanitizer Market – By Product
Gel
Foam
Liquid
Spray
Global Hand Sanitizer Market – By Composition
Alcohol-based
Alcohol-free
Global Hand Sanitizer Market – By Distribution Channel
Offline
Hypermarkets/Supermarkets
Drug Stores
Online
Global Hand Sanitizer Market – By End-user
Hospitals
Hotels & Restaurants
Residential
Global Hand Sanitizer Market – By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is the dominating region in the global hand sanitizer market and accounted for revenue share of 32.2% in 2019. Growing concern for health and hygiene by majority of the population in the region is expected to drive the hand sanitizer market. Moreover, U.S. dominates the market with more willingness of consumers to spend on health and hygiene products. Furthermore, Asia-Pacific is expected to have highest CAGR of 23.5% from 2020 to 2028. Constantly improving living standards and increasing consciousness towards health and hygiene are likely to lift the growth of Asia-Pacific hand sanitizer market.
Competitive Scenario:
Some of the major players of global hand sanitizer industry are 3M Company, Best Sanitizers, Inc., Byotrol plc, Chattem, Inc., GOJO Industries, Inc., Henkel AG & Co. KGaA, Lion Corporation, Medline Industries, Inc. (USA), Nice-Pak Products, Inc., Procter & Gamble Co., Reckitt Benckiser Group plc., SC Johnson & Son, Inc., Deb Group Ltd., Unilever plc., Zep, Inc.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Hand Sanitizer industry, although key threats, opportunities and disruptive technologies that could shape the Global Hand Sanitizer Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Hand Sanitizer Market most.
The data analysis present in the Global Hand Sanitizer Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Hand Sanitizer Market business.
The 2021 Annual Global Hand Sanitizer Market offers:
100+ charts exploring and analysing the Global Hand Sanitizer Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Hand Sanitizer Market type
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