Press release
Hand Sanitizer Market size was valued at US$ 39,223.1 million by 2027, and is anticipated to grow at a CAGR of 40.0% from 2019 to 2027
Hand Sanitizer Market to 2027 - Global Analysis and forecast is a specialized and in-depth study of the Hand Sanitizer industry with a focus on the global market trend. The report provides an overview of global Hand Sanitizer Market with detailed market segmentation by product/application and regions. The global Hand Sanitizer Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.The hand sanitizer market was valued at US$ 2,421.1 million in 2018 and is projected to be worth US$ 39,223.1 million by 2027, growing at a CAGR of 40.0% during the forecast period.
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Company Profiles
o Henkel AG & Company, KGAA
o Reckitt Benckiser Group plc
o 3M
o Ecolab
o GOJO Industries Inc.
o Unilever plc
o The Himalaya Drug Company
o Godrej Industries Limited
o Procter & Gamble
o S.C. Johnson & Son
The Hand Sanitizer Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
In 2018, under the type segment, the alcoholic segment accounted for the largest share in the global hand sanitizer market. Alcohol-based hand sanitizers typically contain some combination of isopropyl alcohol, ethanol (ethyl alcohol), or n-propanol. This type of hand sanitizer is generally more effective at killing microorganisms and better tolerated than soap and water.
Products that contain from 60% to 95% alcohol are most effective. Hand sanitizer with alcohol works against a variety of microorganisms but not spores. Some products contain compounds such as glycerol to prevent drying of the skin. Since the 1980s, alcohol-based hand sanitizer has been commonly used in Europe. The alcohol-based hand sanitizer is on the list of the World Health Organization's Essential Medicines, as the safest and most effective medicines needed to protect health from germs.
For health care organizations like hospitals and clinics, optimum alcohol concentration to kill bacteria is 70% to 95%. Hand sanitizers with alcohol concentrations as low as 40% are available in American stores, according to researchers at East Tennessee State University. In the United States, the US Food and Drug Administration (FDA) controls anti-microbial hand soaps and sanitizers as the over-the-counter drugs (OTC) because they are intended for topical anti-microbial use to prevent disease in humans.
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Report Spotlights
o Progressive industry trends in the global Hand Sanitizer market to help players develop effective long-term strategies
o Business growth strategies adopted by developed and developing markets
o Quantitative analysis of the Hand Sanitizer market from 2017 to 2027
o Estimation of Hand Sanitizer market demand across various industries
o PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
o Recent developments to understand the competitive market scenario and Hand Sanitizer market demand
o Market trends and outlook coupled with factors driving and restraining the growth of the Hand Sanitizer market
o Decision-making process by understanding strategies that underpin commercial interest with regard to Hand Sanitizer market growth
o Hand Sanitizer market size at various nodes of market
o Detailed overview and segmentation of the global Hand Sanitizer market, as well as its dynamics in the industry
o Hand Sanitizer market size in various regions with promising growth opportunities
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