Press release
China Hand Sanitizer Market Size Growth, Top Company Shares, Regional Forecasts To 2030 | Ningbo BST Clean & Care Products Co., Ltd., Shangrao Chunyu Technology
China hand sanitizer market is growing at a high CAGR because of the increasing consumer awareness regarding health and hygiene. Additionally, the launch of new products and innovations in them, such as new fragrances and skin improvement qualities, are also driving the market forward
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A recent study, conducted by the strategic consulting and market research firm Report Ocean, revealed that the China hand sanitizer market is estimated to grow at a CAGR of 10.2% during the forecast period of 2022-2028. The market is growing at a high rate because of the increasing health and hygiene consciousness among Chinese consumers fueled by the COVID-19 pandemic outbreak. One of the most important factors contributing to the market growth is the adherence to regulations and guidelines regarding hand hygiene. With surging market demand for hand sanitizers, the global and local companies are also launching a wide range of products to tap on the expansion opportunities, which is anticipated to drive the China hand sanitizer market growth during the forecast period. This region is nevertheless plagued by the concentration of several hand sanitizer brands, which negatively impacts market growth.
Flourishing Online Sales Channels Anticipated to Drive the China Hand Sanitizer Market
With changing market scenarios and restrictions on distribution channels caused by the nationwide lockdown imposed by the Chinese government, the manufacturers, as well as consumers, quickly shifted towards online shopping applications. Additionally, the penetration of smartphones and online apps, such as Alibaba, are providing customers with access to many types of hand sanitizers, they may not have been aware of. Additionally, the manufacturers are also investing in advertisement, social media platforms, and influencer trends to create brand awareness and boost their market sales. The growth in the online sales channels is anticipated to present lucrative growth opportunities to the China hand sanitizer market.
Launch of New and Innovative Products
The market situation is changing rapidly, especially after the emergence of COVID-19 and its variations, which has resulted in the rising need for effective hand sanitizers. Because of this, hand sanitizer companies are heavily investing in research and development to bring innovations to their products. One of the most prominent and recent innovations in the market is long-lasting hand sanitizers. These sanitizers are made of water-based ingredients such as silver nano-particles to provide anti-microbial properties for hours. Such developments are anticipated to drive market growth during the forecast period.
China Hand Sanitizer Market - By End-User
Based on end-users, the China hand sanitizer market is segmented into hospitals, schools, restaurants, household purposes, and others. The hospital segment dominates the China hand sanitizer market because of the strict guidelines for hygiene and sanitation to prevent cross-contamination in healthcare facilities. Furthermore, the demand for hand sanitizers increased in hospitals following the COVID-19 outbreak in the country as healthcare facilities were overwhelmed with a high number of COVID-19 cases, thus requiring healthcare workers to use hand sanitizers more frequently to prevent cross-contamination.
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Impact of COVID-19 on China Hand Sanitizer Market
The hand sanitizer market in China witnessed tremendous growth after the COVID-19 pandemic in the country. Health organizations and the government recommended frequent handwashing with water and soap to prevent the spread of the deadly coronavirus. Since soap and water are not always available, hand sanitizers have emerged as an effective alternative for cleaning hands. The use of hand sanitizers is very prominent in hospitals and temporary healthcare facilities to prevent cross-contamination among doctors, staff, patients and visitors. Furthermore, strict regulatory compliance regarding hygiene and sanitation to prevent such outbreaks in the future is anticipated to drive the China hand sanitizer market growth during the forecast period.
China Hand Sanitizer Market- Competitive Landscape
The leading players in the China hand sanitizer market are Dongguan Bath Concept Cosmetics Co., Ltd., Ningbo Pulisi Daily Chemical Products Factory Co. Ltd., Nantong Health & Beyond Hygienic Products Inc., Ningbo BST Clean & Care Products Co., Ltd., Shangrao Chunyu Technology Co., Ltd., Hangzhou Lanqueen Cosmetics Co., Ltd., Guangzhou Amarrie Cosmetics Co., Ltd., Blue Moon International Co. Ltd., Shanghai Likang Disinfection High-Tech Co. Ltd., Gojo Industries, Inc. and other prominent players.
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Market Segment:
By Product Form (Foam, Gel, Liquid)
By Type (Alcohol-Based, Alcohol-Fee)
By Distribution Channel (Pharmacy Stores, Supermarkets/Hypermarkets, Online Retail Channels, Others)
By End-User (Hospital, School, Restaurant, Households Purposes, Others)
The China hand sanitizer market is highly fragmented, due to the presence of many global as well as regional companies. In China, regional hand sanitizer brands have a higher market share and a deeper penetration. The market players focus on dominating the market by launching a wide range of products targeting diverse consumer groups and gaining a great deal of sales through offline retail. Furthermore, the adoption of competitive strategies, such as partnerships, mergers, acquisitions, joint ventures, etc., is also prominent in this market.
Table of Content:
Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix
Key Questions Answered in The Report:
What are the strengths and weaknesses of the key vendors?
Who are the Leading key gamers and what are their Key Business plans in the close to future?
What will be the market increase price and measurement in the coming year?
What are the principal key elements riding the market?
What are the key market tendencies impacting the increase of the world Market?
Which are Trending elements influencing the market shares of the pinnacle areas throughout the globe?
What is the have an effect on of The Russia-Ukraine Crisis on the modern industry?
Who are the key gamers and what are their strategies in the international Market?
What are the market opportunities and threats confronted by using the carriers in the world Market?
What industrial trends, drivers, and challenges are manipulating its growth?
What are the key consequences of the 5 forces evaluation of the world industry?
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North America Garage Furniture Market: https://www.barchart.com/story/news/13351947/north-america-garage-furniture-market-size-growth-statistics-share-key-players-and-forecast-2030
UAE 3PL Market: https://www.barchart.com/story/news/13351944/uae-3pl-market-size-overview-top-key-players-growth-share-and-forecast-2030
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Delivery Robot Market: https://www.barchart.com/story/news/13351938/delivery-robot-market-size-share-trends-top-players-revenue-opportunity-and-forecast-2030
Automated Guided Vehicle Market: https://www.barchart.com/story/news/13351935/automated-guided-vehicle-market-size-key-segments-share-growth-analysis-and-forecast-2030
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About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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