Industrial and Institutional Hand Cleanser Sales to Grow 3.4% Annually

Healthcare applications are expected to remain the largest market segment

News provided by

Jul 31, 2018, 10:12 ET

CLEVELAND, July 31, 2018 /PRNewswire/ -- Demand for I&I hand cleansers is forecast to rise 3.4% annually through 2022 to $926 million, with gains boosted by:

growing utilization of healthcare by an aging US population
increasing concerns regarding infectious disease – in particular in healthcare and other institutional settings
greater awareness of hand washing as effective disease prevention

Nonetheless, faster growth in demand for hand cleansers will be restrained by a high degree of market penetration of hand cleansers and concerns surrounding the growing prevalence of antibacterial resistance, in particular among HAIs. These and other trends are presented in Industrial & Institutional (I&I) Cleaning Chemicals in the US, 14th Edition https://www.freedoniagroup.com/industry-study/power-tools-3628.htm https://www.freedoniagroup.com/industry-study/general-purpose-lighting-fixtures-in-the-us-by-product-market-and-region-14th-edition-3637.htm, a new study from The Freedonia Group, a Cleveland-based industry research firm.

More information about this study is here: https://www.freedoniagroup.com/industry-study/industrial-and-institutional-ii-cleaning-chemicals-3646.htm

Healthcare applications are expected to remain the largest market segment for I&I hand cleansers through 2022, although food-related markets – food and beverage processing and foodservice – will each account for a significant percentage of overall demand. Growth is forecast for retail and office settings, where use will be boosted by concerns regarding infectious diseases and increasing availability of hand sanitizer dispensers.

I&I hand cleansers are supplied by many companies, including large suppliers and smaller regional producers. In order to differentiate their products, hand cleanser suppliers have begun to seek "green" certifications for their products. These certifications include:

Green Seal certification
UL's ECOLOGO Product Certification, indicating a product's compliance with third-party environmental performance standards
USDA's BioPreferred labeling

Related studies include:
#3613 Food Safety Products in the US, 5th Edition (April 2018)
#3575 Global Industrial & Institutional Cleaning Chemicals, 4th Edition (October 2017)

About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Chemicals studies can be purchased at https://www.freedoniagroup.com, www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]

SOURCE The Freedonia Group