Press release
Automatic Hand Sanitizer Dispenser Market Estimated To Experience a Hike in Growth By 2030
Automatic Hand Sanitizer Dispenser Market
Key Drivers of the Global Automatic Hand Sanitizer Dispenser Market
Demand for healthcare services is increasing around the world due to growing population, increase in chronic illnesses, increase in accidents, etc. Affordable health care plans at present offered by governments of various countries gives people access to healthcare services than ever before. One more important reason is the rise in population of baby boomers who are likely to seek medical assistance. These factors impact the growth of the automatic hand sanitizer dispenser market.
The rise in number of patients increases the risk of healthcare workers being infected with COVID 19. This is also driving the market.
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Covid-19 Pandemic to Create New Market Opportunities
The world is facing a shortage of automatic hand sanitizer dispensers. The huge gap between demand and supply creates opportunities for manufacturers to enter the automatic hand sanitizer dispenser market.
Many manufacturers are working with 24*7 production lines as automatic hand sanitizer dispensers have become an essential item in all commercial and industrial segments.
Large Number of Counterfeit Products
The production of automatic hand sanitizer dispensers does not involve any high tech technology; rather it is a simple product to produce. As per recent trends, it is clearly visible that many manufacturers with counterfeit products have emerged in the market taking advantage of the current pandemic situation.
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Asia Pacific the Dominant Market for Automatic Hand Sanitizer Dispensers
Asia Pacific was the fastest growing automatic hand sanitizer dispenser market in 2018. Rising investment in personal hygiene in developing economies such as China and India is driving the market growth. Large number of small and medium companies are starting new ventures in the automatic hand sanitizer dispenser market. Rising foreign investment coupled with increasing demand from end-use industries is expected to propel the market growth in the region during the forecast period.
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Key Players Operating in the Global Market
The global automatic hand sanitizer dispenser market is fragmented in nature. Due to the Covid-19 pandemic, large number of small & medium companies are entering the market.
A few of the key players operating in the global automatic hand sanitizer dispenser market are listed below:
• American Specialties, Inc.
• DoctorClean
• Gojo Industries, Inc.
• Hokwang Industries Co., Ltd.
• JVD GROUP
• Kingsway Technology
• Kutol
• NR Hygiene Solutions
• STAIETECH LLP
• Sudhai AirTech Private Limited
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