Hand Sanitizer Spray Market Shows Rapid Growth in the COVID-19 Outbreak by 2020 - Honest Company, Inc., GOJO Industries, Inc., Cleenol Group

Hands are the major source of transmission of bacteria, pathogens, and viruses that cause diseases such as food-borne illness and nosocomial infection. To prevent any such occurrences, consumers are focused toward hygienic health products, such as hand sanitizers, thereby drives the demand for hand sanitizers that effectively eradicate microorganisms. According to the WHO, around 420,000 deaths are reported each year, out of which, approximately 125,000 children under the age of five die due to food-borne illness. Hence, consumer inclination toward health & wellness fuels the demand for hand sanitizers, which is expected to accelerate the growth of the market.

Key Players Profiled in the Report are:

The Honest Company, Inc., GOJO Industries, Inc., Cleenol Group Ltd, CleanWell, LLC, EO Products, The Caldrea Company, Jao Brand, The Clorox Company, Hello Bello, Elyptol Australia Inc., Dr. Bronner's and other such.

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Growth Factors:

Hand sanitizers are effective in eradicating bacteria, pathogens, and viruses that cause various diseases such as food-borne illness, nosocomial infection, diarrhea, intestinal problems, respiratory problems. However, hand sanitizers contain various chemicals, such as phthalates & parabens, benzalkonium chloride (BAC), ethyl alcohol, and urea , whichcause several health issues. For instance, presence of BAC can cause allergies/immunotoxicity and organ system toxicity; ethyl alcohol can cause cancer, birth defects, and organ system toxicity; and urea may lead to joint pain and heart irregularities. Thus, health hazards associated with hand sanitizers are expected to hamper the market growth.

KEY BENEFITS FOR STAKEHOLDERS

- The report provides an extensive analysis of the current and emerging market trends and opportunities in the global hand sanitizer spray market.

- The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.

- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.

- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.

- The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

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KEY MARKET SEGMENTS

By Nature
- Natural
- Synthetic
- Organic

By Distribution channel
- Online
- Offline

By Region
- North America
o U.S.
o Canada
o Mexico

- Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe

- Asia-Pacific
o China
o India
o Japan
o Australia
o New Zealand
o Rest of Asia-Pacific

- LAMEA
o Latin America
o Middle East
o Africa

In the End, Hand Sanitizer Spray Market is growing at a faster pace with substantial growth rates over the last few years and the hand sanitizer spray market size was valued at $160.2 million in 2018 and is expected to reach $310.3 million by 2026, registering a CAGR of 8.7% from 2019 to 2026.

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