Hand Sanitizer Market Trends, New Applications, and Forecast To 2031

The use also depends on applications such as residential, hospital, clinics, pharmacies, or other public spaces. Global Hand Sanitizer Market Drivers and Barriers Global hand sanitizer market was valued at approximately US$ 3.5 Billion in 2019 and is expected to rise in the forecasted period.

Hand sanitizers are also called as hand antiseptic, scrub or rub used to remove disease causing pathogens that reside on hand. Sanitizers are recommended for cleaning in unavailability of water. Hand hygiene is one of the most important measures to prevent the spread of infectious diseases.

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As per the study, the U.S. witnessed a spike of ~1,400% in demand of sanitizers during December and January.

The hand sanitizers are available in different forms such as, foam, liquid, and gel. The effectiveness of sanitizer is different in different cases depending on alcohol concentration and intensity of the compounds used such as isopropanol or ethanol.The outbreak of pandemic due to spread of COVID-19 virus has resulted in a sudden rise in sale. Its use has increased as continuous usage has been recommended by the public welfare organizations. Hand sanitizers are also available in portable size and many have made the use of sanitizers and mask compulsory.

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However, disrupted distribution channel and modification in temporary trade measures caused hindrance in market growth. China, Japan, Australia and other countries of Asia-Pacific holds highest revenue share of the market as compared to other regions owing to growing number of COVID-19 cases. The sales are observed more and projected to increase in the last quarter of 2020 as the lockdown has been lifted and public places and office have been started with restrictions and precautions.

Research Methodology Report Oceans report on the hand sanitizer market is based on detailed estimation of the market, with the inclusion of comprehensive primary and secondary research inputs.

Analysis of the historical and current global market for hand sanitizer is focused on key market segments, major regions, market drivers, and other qualitative inputs, which help Report Oceans analysts to derive crucial predictions and analysis and forecast sales trend of the Hand Sanitizer in the market.

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Readers can access the Hand Sanitizer market study to gain market analysis for the forecast period 20202026. Global Hand Sanitizer Market Revenue The report provides market insight of revenue covering North America, Europe, Asia-Pacific, Middle-east, Africa and South America.

The global hand sanitizer market shows a steep growth with highest revenue build up in Asia-Pacific region wherein high populace countries like China, India, Japan has increased the demand of product.

The market revenue was US$ 3551.2 Million in 2019 and it is expected to grow throughout the forecasted period with increasing sanitizer demand. Europe being the second largest shareholder in market generates revenue of US$ 1 per person. Global Hand Sanitizer Market Segmentation The global hand sanitizer market is segmented: By Form -Form/Gel Sanitizers -Liquid Sanitizers -Spray (Aerosols) Sanitizers By SKU -501 ml By Distribution Channel -Retail Stores -Online Stores -Pharma/Medical Stores By End-user -Residents -Hospitals & Clinics -Enterprises -Manufacturing -Others (Government/utilities, Educational institutes) By Type -Alcohol Based -Non-Alcohol Based By Region -North America -Europe -Asia-Pacific -Middle-east -Africa -South America Competitive Coverage The global hand sanitizer market is observed to have an oligopoly nature and is projected to shift towards fragmented structure due to several new players owing to high demand. Some of the manufacturers operating globally in market are Chattem, Inc., Clorox Company, Cossmic Products, GOJO Industries, Inc., Seatex Ltd., Henkel AG and Company, Unilever and others.

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