Press release
Hand Sanitizer Market 2022 Overview, Trends, Demands, Industry Chain Analysis, Segmentation and Regions, Forecast to 2027 | Reckitt Benckiser Group PLC, GOJO Industries, L Brands, Inc., Dongguan Bath Concept Cosmetics Co., Ltd., Hindustan Unilever Ltd
Global Hand Sanitizer Market generated US$ 5,838.6 Million of revenue in the year 2020 and is estimated to record 8.6% CAGR during the forecast period. This report provides an analysis of the global market for Hand Sanitizer for the period 2017 to 2027, wherein 2017-2020 represent historic data, 2021 has been considered as the base year and is on actuals. 2022-2027 are forecast values, reflecting the impact of different factors on the growth trend.
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The global market is continuously changing to meet changing customer demand and trends. In recent years, the market has become increasingly influenced by digital innovation, the COVID-19 pandemic, and a greater emphasis on sustainable and healthy behaviors. Digitalization has put the client in control, allowing them to compare and scrutinize things in real-time.
In order to sustain client loyalty in this environment, consumer goods companies are enhancing their marketing methods and brand recognition. The leading players in the market have introduced new products to fulfill an ever-increasing range of human needs and aspirations. These methods, along with higher margins and portfolio weightings in fast-growing areas, have resulted in outstanding shareholder returns.
Impact Analysis of COVID-19
The COVID-19 pandemic changed how people buy and wreaked havoc on the market. Cleaning supplies, shelf-stable food, beverages, and toilet paper became scarce in certain nations. Furthermore, the function of sustainability is becoming increasingly important in the consumer goods sector; there is a growing desire for more sustainable and ethically manufactured products across the board.
However, the industry's fundamentals and stock market performance have deteriorated. In terms of economic profit contribution, several players began to pull ahead of the pack. The US market before COVID-19, for example, is instructive. In the United States, specific brands (with more than $750 million in revenue) lost volume at a pace of 1.5%. Small brands increased by 1.7%, while private labels increased by 4.3%.
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Regional Insights
Segmentation overview of the hand sanitizer market-
By Form:
Form/Gel Sanitizers
Liquid Sanitizers
Spray (Aerosols) Sanitizers
By SKU:
501 ml
By Type:
Alcohol-based
Non-alcohol based
By Distribution channel:
Retail store
Online store
Pharma/Medical store
By End-Users:
Residents
Hospitals & Clinics
Enterprises
Manufacturing
Others (Government/utilities, Educational institutes)
(4 more segments are included in the report)
By Geography:
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
Japan
India
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
Key Players Insights:
The leading player in Hand Sanitizer market includes Reckitt Benckiser Group PLC, GOJO Industries, L Brands, Inc., Dongguan Bath Concept Cosmetics Co., Ltd., Hindustan Unilever Ltd. And others.
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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