Global Hand Sanitizers Market Research Report—Forecast till 2025
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Global Hand Sanitizers Market Research Report—Forecast till 2025 Summary
Global Hand Sanitizers Market Research Report: Information By Product Type (Gels, Liquids, Sprays, Others), By End User (Households, Commercials/Institutions, Hospitals & Health Centers), By Distribution Channel (Store-Based, Non-Store-Based) and By Region (North America, Europe, AsiaPacific, Rest of the World) - Forecast till 2025
Key Players:
Reckitt Benckiser Group Plc (UK) Unilever Group (UK) Smith & Nephew plc (UK) L Brands (US) Procter & Gamble Co. (US) Kimberly-Clark Corporation (US) C. Johnson & Son Inc. (US) Edgewell Personal Care (US) GOJO Industries Inc. (US) PAUL HARTMANN AG (Germany)
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Global Hand Sanitizers Market Research Report—Forecast till 2025 Market Overview
Global Hand Sanitizer Market was valued at USD 1.15 Billion and is expected to grow at a CAGR of 9.1% between 2019 and 2025. The demand for hand sanitizer is increasing owing to the increasing awareness of the use and benefits of health and hygiene products. Since the beginning of 2020, there has been a surge in demand for hand sanitizers worldwide. This was a result of an outburst of the global pandemic, COVID-19. Key players in the market are focused on launching new products with enhanced effectiveness and creating awareness regarding the usage of such products. Amid, the outburst of the global pandemic, COVID-19, global manufacturers of hand sanitizers are ramping up their production scale to meet the massive demand of hand sanitizers worldwide. Currently, the hand sanitizer market is experiencing an acute shortage in North America and Europe.
Regional Analysis
Preference for Gel-Based Hand Sanitizers: The gel-based hand sanitizer segment dominated the global hand sanitizer market in 2018 and is expected to maintain its position in the market during the forecast period. Unlike, liquids and sprays that gets evaporated quickly, gel-based hand sanitizers are the most common forms as it helps in retaining more moisture in the skin and hence are the preferred type of hand sanitizers.
Increasing health infrastructure: The hospitals & health centers segment is projected to be the fastestgrowing end-user segment for hand sanitizers during the forecast period. The increasing number of hospitals and health centers worldwide owing to rising health concerns is anticipated to create growth opportunities for hand sanitizer manufacturers during the forecast period.
Segmentation
By Product Type Gels: This segment accounted for the largest market share in 2018 and is projected to be the fastestgrowing during the forecast period. Gels are the most common forms of hand sanitizers as it does not dry out the skin, resulting in the presence of more moisture in the epidermis compared to other types of hand sanitizers.
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Global Hand Sanitizers Market Research Report—Forecast till 2025 By End-User Hospitals & Health Centers: The hospitals & health centers segment is projected to be the fastest-growing segment during the forecasted period. The increasing number of hospitals and health centers worldwide owing to the advent of pandemics such as COVID-19 is anticipated to create lucrative opportunities for the players in the market during the forecasted period.
Market USP •
Increasing awareness regarding the use of health and hygiene products owing to the sharp rise in global pandemics such as COVID-19.
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Copyright © 2017 Market Research Future.
Global Hand Sanitizers Market Research Report—Forecast till 2025
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Copyright Š 2017 Market Research Future.