According to the recent report by IMARC Group, titled “Hand Sanitizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global hand sanitizer market size reached around US$ 4.20 Billion in 2020. However, the market is projected to decline once the surge in demand stabilizes over the 2021-2026, reaching a value of US$ 3.50 Billion by 2026.
A hand sanitizer, or a hand rub, refers to an antiseptic solution that is applied to the hands to remove disease-causing pathogens from the skin. It is widely available in gel, foam, and liquid-based variants. Hand sanitizers are primarily made of ethyl alcohol or isopropyl alcohol, water, emollients, polyacrylates, artificial and natural colors, fragrances, etc. They are widely utilized as a convenient alternative to soap and water as they require less time when compared to washing hands, reduce bacterial growth, are cost-effective, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Hand Sanitizer Market Trends:
The sudden outbreak of the COVID-19 pandemic is primarily driving the exponential growth of the global hand sanitizer market. Apart from this, the elevating levels of consumer concern towards maintaining proper hand hygiene, along with the increasing number of awareness programs to promote the use of hand sanitizers, are further catalyzing market growth. Additionally, manufacturers are focusing on developing innovative product variants with natural and organic ingredients that are non-allergenic and non-toxic in nature, which is also propelling the product demand. Besides this, the rising product availability via online and offline retail channels and the long-lasting behavioral effects of the COVID-19 pandemic among consumers are anticipated to fuel the global hand sanitizer market over the forecasted period.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/hand-sanitizer-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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
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 (2015-2020)
Market Outlook (2021-2026)
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
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.
Explore Complete Blog of Hand Sanitizer Manufacturing Companies by IMARC Group: https://www.imarcgroup.com/hand-sanitizer-manufacturers
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