Hand Sanitizer Market 2023: Size Worth US$ 3.3 Billion by 2028 | Structure, Sales Statistics, Demand & Supply

The recent report by IMARC Group, titled "Hand Sanitizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the global hand sanitizer market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global hand sanitizer market size reached US$ 5.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2028.

Hand sanitizers are antiseptic solutions applied to the skin to eliminate disease-causing pathogens. It is available in foam, gel, and liquid forms and typically contains alcohol, water, emollients, polyacrylates, colors, and fragrances. Ethanol and isopropanol are the most commonly used alcohols in hand sanitizers, as they quickly break down proteins and destroy the lipid-based coatings of bacteria and viruses. Additionally, water helps to carry the other ingredients and binds them to the hydrogel and emollients and other components are added in small quantities to prevent the skin from drying out due to the alcohol, reduce the acidic effects of polyacrylates, and improve the scent and appearance of the product. It also comes in non-alcoholic versions that are manufactured with glycerin, thickening agents, benzalkonium chloride (BAC), and other antimicrobial ingredients.

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Global Hand Sanitizer Market Trends:

The escalating demand for hand sanitizers among the masses majorly drives the global market. This can be supported by the rising prevalence of infections among the masses. Since alcohol-based hand sanitizers reduce the spread of germs and viruses on the hands, thus lowering the risk of stomach infections, diarrhea, nausea, and vomiting, this is a major driving factor. Along with this, the shifting preference towards hand sanitizers over traditional hand washes and soaps, as they possess ingredients that also alleviate dryness and irritation on the skin, is significantly supporting the market. Moreover, numerous manufacturers are developing sanitizers with natural and organic ingredients that are non-allergenic and not hazardous, which is contributing to the demand.

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the top hand sanitizer manufacturers being

Some of these key players include:

• Procter and Gamble Company
• Henkel AG & Company, KGaA
• Reckitt Benckiser Group PLC
• The Himalaya Drug Company
• Kutol Products Company, Inc.
• 3M Company
• Unilever NV/PLC
• Vi-Jon Laboratories Inc.
• Gojo Industry Inc.
• Chattem Inc

Must Read: Top Hand Sanitizer Manufacturers Blog by IMARC Group 2023: https://www.imarcgroup.com/hand-sanitizer-manufacturers

In addition, the outbreak of the COVID-19 pandemic has encouraged the masses to use hand sanitizers as a means of safeguarding individuals and stemming the spread of the virus, further impacting the market. This, in confluence with the presence of a high concentration of alcohol, which eliminates the virus's outer coating, making it non-infectious and offering continuous protection to the user, is positively influencing the sales of hand sanitizers. Apart from this, several leading players are introducing a wide range of products, which are acting as another growth-inducing factor. Furthermore, the proliferation of online retail outlets and social media platforms is accelerating awareness regarding the range of high-end personal care and hygiene products available, creating a positive market outlook.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/hand-sanitizer-market

Key Market Segmentation:

Breakup by Product Form:

• Gel
• Foam
• Liquid
• Spray
• Others

Breakup by Product Type:

• Alcohol-Based
• Non-Alcohol Based

Breakup by Distribution Channel:

• Pharmacy Stores
• Departmental Stores
• Online Stores
• Others

Breakup by End Use:

• Restaurants
• Schools
• Hospitals
• Household Purposes
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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