Press release
East Asia Remains the Largest Market for Hand Sanitizer; Market to Grow at 10.7% CAGR through 2030
As per Fact.MR’s analysis, the hand sanitizer market is likely to garner a value of US$ 1.6 Bn in 2021. Key players are sensing opportunities and relying on innovations, product development, and maintaining standardized quality to gain major market shares.The COVID-19 pandemic has heightened awareness regarding hand hygiene, prompting the market to grow at a CAGR of 6.9% by exceeding a market value of US$ 3.13 Bn.
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We tracked the Hand Sanitizer market by evaluating supply-side as well as demand side trends, also applied top-down and bottom up approaches for market size analysis. For top-down approach, we evaluate parent industry and what would be the market share range of various products/segments, how much share do different products account in their respective segments.
Key Segments Covered
Product
Foaming Hand Sanitizers
Foaming Instant Hand Sanitizer
Instant Hand Sanitizer Gel
Spray Hand Sanitizer
Content
Alcohol Based Hand Sanitizer
Upto 60% Content
Above 60% Content
Non-Alcohol Based Hand Sanitizer
Active Ingredient
Ethanol or Ethyl Alcohol Hand Sanitizer
Benzalkonium Chloride Hand Sanitizer
Isopropyl Hand Sanitizer
Packaging
Hand Sanitizers in Flip-Flop Bottles
Hand Sanitizers in Pump Bottles
Hand Sanitizers in Dispensing Packets
Hand Sanitizers in Jars/Cans
End Use
Hand Sanitizers for Institutional Use
Hospitals & Healthcare
Offices/Commercial
Foodservice
Food Processing
Schools & Universities
Manufacturing & Industrial
Hospitality
Grocery, Convenience & Retail
Others
Hand Sanitizer for Household Use
Pack Size
Hand Sanitizers Below 100 ml
Hand Sanitizers from 101 ml – 300 ml
Hand Sanitizers from 301 ml – 500 ml
Hand Sanitizers from 501 ml & Above
Sales Channel
Hand Sanitizer Sales via Direct Channels
Hand Sanitizer Sales via Indirect Channels
Hypermarkets/ Supermarkets
Specialty Stores
Multi-Brand Stores
Discount Stores
Independent Departmental Stores
Online Retailers
Other Sales Channels
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Competitive Landscape
Prominent players are focusing on developing partnerships to widen their product portfolio and offering advanced products to enhance their market share in the global market. For instance:
In 2020, Reckitt Benckiser partnered with a leading e-commerce platform Jumia in Africa. With this partnership, the company will supply its hygiene products such as soap bars, sanitizers, disinfectants, and liquid hand washes to prevent the spread of COVID-19.
In 2019, Kimberly Clark partnered with APIC (Association for Professionals in Infection Control and Epidemiology) to support international infection prevention. This partnership took place to increase awareness about combating infection worldwide.
In 2019, GOJO Industries and Three Rivers Energy announced a strategic ethanol partnership to enhance its manufacturing capacity for PURELL.
Some Notable Offerings by Fact.MR Report on Hand Sanitizer market:
• Fact.MR will provide you an analysis of the extent to which this Hand Sanitizer market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.
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Key Takeaways of Hand Sanitizer Market
The global hand sanitizer market is expected to create an absolute $ opportunity of more than US$ 1.4 Bn and is anticipated to expand 2X from 2020 through 2030
East Asia is projected to witness a higher growth rate as compared to the rest of the world in the markets, with a CAGR of 10.7% between 2020 and 2030
Alcohol based sanitizer is projected to be valued at US$ ~2.3 Bn and is expected to be valued 2.7X more than non-alcohol based sanitizer
Institutional end-use application is projected to hold maximum share in terms of value and is expected to create an absolute $ opportunity of more than ~US$ 890 Mn between 2020 & 2030
After reading the Market insights of Hand Sanitizer Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Hand Sanitizer market revenue.
• Study the growth outlook of Hand Sanitizer market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Hand Sanitizer market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Hand Sanitizer Market Players.
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How Fact.MR Assists in Making Strategic Moves For Hand Sanitizer Market Manufacturer?
• The data provided in the Hand Sanitizer market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
Explore Fact.MR’s Comprehensive Coverage on Retail & Consumer Goods Landscape
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Gaming Controller Market -https://www.factmr.com/report/gaming-controller-market
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