Hand Sanitizer Market Analysis, Size, Growth, Share & Outlook, Forecast to 2027 | Grand View Research Inc.
The global hand sanitizer market size is anticipated to reach USD 13.7 billion by 2027, expanding at a CAGR of 22.6%, according to a new report by Grand View Research, Inc. Growing emergence related to regular hand washing and sanitization among consumers owing to recent COVID-19 pandemic have set the tone for the market enhancement during the forecast period. Major sanitizer manufactures have been ramping up their production capacity as well as improvising the supply chain strategies to cater the unprecedented spike in the sanitizers worldwide. According to a report by Adobe Analytics, the demand for hand sanitizer in U.S. spiked to 1,400% between December 2019 and January 2020. Hand hygiene forms the most important element of personal care in order to prevent infectious diseases and is expected to act as a key driver for the growth of the market. According to findings, there is a preference for using hand sanitizer by 77.0% of the population covered in a survey, while 23.0% claimed to not to use the product. The 77.0% population in the favor of using hand sanitizer comprised of 37.5% male users and 62.5% of female users. In addition, government further promotes the usage of hand care products in order to increase awareness as well as avoid health issues among consumers. For instance, WHO and FDA have taken initiatives in order to make people aware about hand
hygiene and the risks associated with not maintaining the same. In addition, according to studies, hand sanitizer also minimizes the risk of gastrointestinal and respiratory infections among consumers. Moreover, this product also contains ingredients which help in reducing skin dryness and irritation as compared to hand washing. Browse Details of Report @ https://www.grandviewresearch.com/industry-
analysis/hand-sanitizer-market Online distribution channel witnesses the fastest growth in the market at a CAGR of 23.2% from 2020 to 2027. Online retailers including Amazon, Walmart, Alibaba, and other such service providers are focusing on continuous availability of the product across the globe. Online distribution channel is widely used in developed countries such as U.S., Germany, and U.K., for purchasing consumer goods and unique personal care products. It is poised to emerge as a steady revenue generating source for these product categories over the forecast period. Hand Sanitizer Market Report Highlights
The foam segment is expected to reach USD 3.1 billion by 2027, registering a CAGR of 23.1% from 2020 to 2027
The hypermarket and supermarket segment was valued at USD 1.1 billion in 2019 and is expected to reach USD 5.3 billion by 2027
In Asia Pacific, the hand sanitizer market is anticipated to witness a CAGR of 23.5% from 2020 to 2027
Top players operating in the market are Reckitt Benckiser Group plc; Procter and Gamble; The Himalaya Drug Company; GOJO Industries, Inc.; Henkel AG and Company; Unilever; Vi-Jon; and Chattem, Inc.
Hand Sanitizer Market Segmentation Grand View Research has segmented the global hand sanitizer market by product, distribution channel, and region: Hand Sanitizer Product Outlook (Revenue, USD Million, 2016 - 2027) Gel Foam Liquid
Others Get Sample of Report @ https://www.grandviewresearch.com/industry-
analysis/hand-sanitizer-market/request/rs1 Hand Sanitizer Distribution Channel Outlook (Revenue, USD Million, 2016 2027) Hypermarket & Supermarket Specialty Store Drugs Store Online Hand Sanitizer Regional Outlook (Revenue, USD Million, 2016 - 2027) North America U.S. Europe Germany U.K Asia Pacific China India Central & South America Brazil Middle East & Africa Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition
1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Hand Sanitizer Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics Continue……… About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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