Hand Sanitizer Market Share, Growth & Trends

 


Hand Sanitizer Market

Hand Sanitizer Market is expected to witness a promising growth over the forecast period (2020-2027), owing to the growing awareness about sanitation and personal hygiene.

Emerging need for hand sanitizers owing to the accelerating cases of respiratory, gastrointestinal, and skin infections is predicted to expand the hand sanitizer market growth. Increasing health expenditure, growing awareness about hygiene, and ongoing product innovation will fuel the market growth. Further, the intensified government initiatives to generate awareness about hygiene and increasing support from various organizations have contributed to the hand sanitizer market size.

By product, the Gel segment is forecast to witness a faster CAGR over the forecast period as they need less time to kill germs. Increasing use of gel-based sanitizers due to their user-friendliness, ability to penetrate easily in the skin will compel the hand sanitizer market share.

By distribution channel, online channel will expand at a robust CAGR over the coming years owing to the accelerating penetration of mobile phones, internet, convenient payment options, flexibility to choose, and free home delivery option.

By region, North America is predicted to grow at the highest CAGR over forecast period, owing to the rising consciousness about hygiene and sanitation practices among consumers. As per the hand sanitizer market analysis, leading existence of manufacturing companies such as Vi Jon Inc., Nice Pak, Gojo Industries Inc., will propel the market growth.

Various notable players operating in the market include Reckitt Benckiser Group plc, Procter & Gamble, Himalaya Herbal Healthcare, Unilever, Best Sanitizers, Inc., Henkel Corporation, Vi-Jon, Carroll Company, GOJO Industries, Inc., and Cossmic Products, among others.

Key Developments:

In 2020, Henkel Corporation invested USD 23 Million to expand its production of essential products. The company will expand its footprint in North America region.

In 2020, Henkel Corporation launched hand disinfectants for donating to the hospitals in Germany to combat the coronavirus pandemic. The company used Dusseldorf production facility to introduce 25,000 litres of hand disinfectants for public institutions and hospitals in Germany.

Hand Sanitizer Market Segmentation:

Hand Sanitizer Market by Product
  • Gel
  • Liquid
  • Foam
Hand Sanitizer Market by Distribution Channel
  • Drug Store
  • Hypermarket & Supermarket
  • Specialty Store
  • Online
Hand Sanitizer Market by Content
  • Alcohol-Based
  • Upto 60% Content
  • Above 60% Content
  • Non-Alcohol Based
Hand Sanitizer Market by Packaging Type
  • Dispensing Packets
  • Flip-Flop Bottles
  • Jars/Cans
  • Pump Bottles
Hand Sanitizer Market by Pack Size
  • Below 100 ml
  • 101 ml-300 ml
  • 301 ml -500 ml
  • 501 ml & Above
Hand Sanitizer Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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