At 3.5% CAGR Hand Sanitizer Dispensers Market to Poise $ 52.78 Billion by 2028

According to our latest market study on "Hand Sanitizer Dispensers Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Fixed and Portable) and Modality (Automatic and Manual)," the market was valued at US$ 52.78 million in 2021 and is projected to reach US$ 67.38 million by 2028; it is expected to grow at a CAGR of 3.5% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

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Hand sanitizer dispensers are units that dispense hand sanitizers in the form of liquid, gel, or mist spray. Rising health concerns during due to the COVID-19 pandemic is among the major determinants driving the growth of global hand sanitizer dispensers market. Additionally, the implementation of government regulations regarding hand sanitization in public places is fueling the market growth. A sudden surge in the demand for hand sanitizer dispensers has led to the entry of numerous new market players.

Market Insights

Product Innovation

With significant investment in R&D activities for hand sanitizer dispensers, new product innovations are surfacing, which find applications across diverse sectors. For instance, the growing focus on economical operations has led to the development of low-cost hand sanitizer dispensers. Several studies suggest the use of low-cost components in the production of hand sanitizer dispensers. For instance, in March 2020, Alphavogue, a start-up company in India, embarked upon the manufacturing of the automatic sanitizer dispensers, which can easily be wall mounted or placed upon table. Such types of dispensers are composed of an acrylic sheet which is 3 mm thick and can be bent with the help of heat. Also, such dispensing systems can be used in several industrial and commercial applications, and they aim to phase-out the need for battery-run version of the dispenser in future.

Type-Based Insights

Based on type, the hand sanitizer dispensers market is segmented into fixed and portable. The fixed segment accounted for a larger market share in 2020. A fixed hand sanitizer dispenser is ideal for any location because it takes up little space and is simple to install. Many manufacturers are launching affordable wall-mounted hand sanitizer dispensers suitable for public places such as restaurants, public washrooms, schools, offices, and others to cater to wide customer base and meet different requirements of consumers.

Among the regular supplies, the demand for hand sanitizers went up incessantly attributable to the rising focus on sanitization as recommended by the public health agencies. In response to the COVID-19 pandemic, the focus toward hand sanitizing gained prominence. To combat the spread of virus, it has become mandatory to install hand sanitizer dispensing systems across commercial and industrial places. Further, the rising awareness among the populace in the developed and developing countries about the importance of hygienic products has propelled the demand for hand sanitizer dispensers globally. Several manufacturers have deployed 24*7 production lines to meet the demand for commercial and industrial segments. Hence, the ongoing pandemic has positively influenced the growth of hand sanitizer dispensers market.

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Hand Sanitizer Dispensers Market - by Type
Fixed
Portable

Hand Sanitizer Dispensers Market - by Modality
Automatic
Manual

Company Profiles
Umbra
Toshi Automatic Systems Pvt Ltd
SHENZHEN SVAVO INTELLIGENT TECHNOLOGY CO., LTD
Kingsway Technology
Hokwang Industries Co., Ltd.
Dihour
GOJO Industries, Inc.
Essity AB
Bright Pancar Sdn Bhd
American Specialties, Inc.

Report Spotlights

Progressive industry trends in the hand sanitizer dispensers market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the hand sanitizer dispensers products market from 2019 to 2028
Estimation of global demand for hand sanitizer dispensers products
Porter's Five Forces analysis to illustrate the market competitiveness
Recent developments to understand the competitive market scenario
Market trends and outlook as well as factors driving and restraining the growth of the hand sanitizer dispensers products market
Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
Market size of hand sanitizer dispensers products at various nodes
Detailed overview and segmentation of the market, as well as the hand sanitizer dispensers products industry dynamics
Market size of hand sanitizer dispensers in various regions with promising growth opportunities

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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