DUBLIN, March 25, 2021 /PRNewswire/ -- The "Hand Sanitizer Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global hand sanitizer market by revenue is expected to grow at a CAGR of 12% during the period 2019-2026.
The global market has been witnessing a surge since the breakout of the COVID-19 pandemic. This peak is likely to continue for the next two years and would start to normalize after 2022. The pandemic has increased focus on the importance of washing hands as a simple and cost-effective solution to reduce disease spread. The WHO emphasized the need to focus on longer-term uptake to form handwashing habits. Several government bodies are considering designing and adapting handwashing behavior change programs that are effective during COVID-19.
This, in turn, is expected to fuel the demand for liquid hand wash during the forecast period. Moreover, the surge in adopting new formulation of hand sanitizers by manufacturers to provide an enhanced experience to consumers drives the market growth. The increasing popularity of organic sanitizers, which are eco-friendly, skin-safe, and sustainable, is also likely to influence market growth. Continuous innovations in formulations and dispenser designs such as touchless dispensers are gaining traction in the market.
The following factors are likely to contribute to the growth of the hand sanitizer market during the forecast period:
- High Penetration of Internet
- Demand for Flavored & Organic Hand Sanitizers
- The Outbreak of the COVID-19 Pandemic
- Growth in Promotional Activities
The study considers the global hand sanitizer market's present scenario and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Global Hand Sanitizer Market Segmentation
The global hand sanitizer market research report includes a detailed segmentation by product, functional ingredient, end-user, distribution channel, geography. Gel and liquid-based hand sanitizers are expected to dominate the market by revenue as well as volume. Formulated with ethyl alcohol, gel-based disinfectants can kill 99% of common germs within seconds. These products deliver the maximum coverage to the skin and spread evenly, thereby providing maximum against germs. In terms of volume, the gel-based hand sanitizer market in North America is expected to witness an incremental growth of over 6 million gallons with absolute growth of over 87% during 2019- 2026.
Alcohol-based sanitizers are significant contributors to the global hand sanitizer market. The ability to prevent infections and kill most bacteria, fungi, and viruses is the primary factor driving the demand. North America is expected to generate an incremental growth of over $149 million for isopropyl hand sanitizers during the forecast period. APAC is a major potential market with a rise in COVID-19 cases in China and India. Ethyl alcohol-based sanitizers dominate the global alcohol-based hand sanitizer market share as most OTC hand sanitizers contain ethyl alcohol as the main functional ingredient. The cost outlook for isopropyl alcohol (IPA) raw materials has experienced considerable disruption owing to the rise in demand. In Europe, the price witnessed a high spike due to the high demand for IPA. The European IPA market is increasingly heating up, with producers such as INEOS and SEQENS are prioritizing the supply of IPA-containing hand gels to hospitals and health centers.
The growing awareness of hand hygiene is expected to boost the market for alcoholic hand sanitizers in healthcare settings. Thus, the revenue is expected to reach over $2 billion by 2026. With such rising awareness about contagious infections and the importance of maintaining hand hygiene among individuals, hand sanitizer products in the healthcare sector have observed a rise. People have started to adopt the usage of sanitizers in all such places more pervasively. Gel-based sanitizers are the most demanded products from the healthcare setting. Vendors providing gel-based products are increasing their focus as they hold tremendous growth potential. Increased recommendations by infection control professionals boost the sale of gel-based sanitizers.
Hand sanitizers are primarily sold via supermarkets and hypermarkets, departmental, retail, and drug stores worldwide. They are also available to end-users through e-commerce portals and online direct-to-consumer stores. Supermarkets and hypermarkets provide ample opportunities to vendors for promoting their products across the market due to large customer footfall. The segment is expected to contribute a revenue of over $1 billion by 2026. Retail stores are the preferred choice among customers, especially in the emerging market. Being a part of the hygiene category, hand sanitizers are usually sold across drug stores. Customers tend to buy such products as part of health safety measures. Several retailers are offering these products via online portals, which provide customers a wide variety of products. With the penetration of the internet growing across the world, prominent vendors are promoting and selling their products via online modes. The segment is expected to grow at the highest CAGR of 16% during the forecast period.
Key Questions Answered
1. What are the key factors and trends enabling the hand sanitizer market growth?
2. How has the COVID-19 pandemic influenced the demand for hand sanitizer and hygiene products?
3. Who are the major players in the value chain analysis of the hand sanitizer market?
4. Which segment is likely to generate the highest revenues during the forecast period?
5. Which regions are likely to dominate the hand sanitizer market shares during the forecast period?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of The Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Impact Of COVID-19
8 Market Opportunities & Trends
8.1 Increasing Penetration Of Internet
8.2 Growing Demand For Flavored & Organic Hand Sanitizers
8.3 Impact Of COVID-19 on Hand Sanitizer Market
9 Market Growth Enablers
9.1 Rise In Number Of Healthcare-Associated Infections
9.2 Growth In Promotional Activities
9.3 Increasing Health Consciousness Among Consumers
10 Market Restraints
10.1 Increasing Concerns Over Toxicity In Hand Sanitizers
10.2 Political Turbulence In Key Markets
10.3 Increasing Labor Costs & Cost Trade-Offs
11 Value Chain Analysis
11.1 Value Chain Overview
12 Supply Chain Analysis
12.1 Supply Chain Overview
12.2 Ingredient Suppliers
12.3 Supply Chain Analysis
12.4 Disruptions In Global Supply Chain
12.5 Risk Dimensions
13 Market Landscape
13.1 Market Overview
13.2 Market By Geography
13.3 Market By Product
13.4 Market By End-User
13.5 Market By Functional Ingredients
13.6 Market By Distribution Channels
13.7 Five Forces Analysis
14 Product
14.1 Market Snapshot & Growth Engine (Revenue)
14.2 Market Snapshot & Growth Engine (Volume)
14.3 Market Overview
14.4 Gel-Based
14.5 Liquid
14.6 Foam-Based
14.7 Spray
14.8 Hand Wipes
15 Functional Ingredients
15.1 Market Snapshot & Growth Engine - Revenue
15.2 Market Snapshot & Growth Engine - Volume
15.3 Market Overview
16 Alcohol-Based
16.1 Market Size & Forecast
16.2 Ethyl Alcohol
16.3 Isopropyl Alcohol
17 Non-Alcoholic Hand Sanitizer
17.1 Market Size & Forecast
17.2 Quats
17.3 Chlorine/Iodophor
17.4 Other Ingredients
18 End-Users
18.1 Market Snapshot & Growth Engine - Revenue
18.2 Market Snapshot & Growth Engine - Volume
18.3 Market Overview
18.4 Healthcare
18.5 Residential
18.6 Government & Military
18.7 Hospitality
18.8 Corporate
18.9 Education
19 Distribution Channels
19.1 Market Snapshot & Growth Engine
19.2 Market Overview
20 Geography
20.1 Market Snapshot & Growth Engine - Revenue
20.2 Market Snapshot & Growth Engine - Volume
20.3 Geographic Overview
21 North America
21.1 Quarterly Sales Analysis
21.2 Market Overview
21.3 Market By Product
21.4 Market By End-User
21.5 Market By Functional Ingredients
21.6 Market By Distribution Channel
21.7 Key Countries
21.8 United States
21.9 Canada
22 Europe
22.1 Quarterly Sales Analysis
22.2 Market Overview
22.3 Market By Product
22.4 Market By End-User
22.5 Market By Functional Ingredients
22.6 Market By Distribution Channel
22.7 Key Countries
22.8 UK
22.9 Germany
22.10 France
22.11 Italy
22.12 Spain
23 APAC
23.1 Quarterly Sales Analysis
23.2 Market Overview
23.3 Market By Product
23.4 Market By End-User
23.5 Market By Functional Ingredients
23.6 Market By Distribution Channel
23.7 Key Countries
23.8 China & SAR
23.9 Japan
23.10 Australia
23.11 South Korea
23.12 India
24 Latin America
24.1 Quarterly Sales Analysis
24.2 Market Overview
24.3 Market By Product
24.4 Market By End-User
24.5 Market By Functional Ingredients
24.6 Market By Distribution Channel
24.7 Key Countries
24.8 Brazil
24.9 Mexico
25 Middle East & Africa
25.1 Quarterly Sales Analysis
25.2 Market Overview
25.3 Market By Product
25.4 Market By End-User
25.5 Market By Functional Ingredients
25.6 Market By Distribution Channel
25.7 Key Countries
25.8 Saudi Arabia
25.9 South Africa
25.10 Iran
26 Competitive Landscape
26.1 Competition Overview
27 Key Company Profiles
27.1 3M
27.2 GOJO Industries
27.3 Procter & Gamble (P&G)
27.4 Reckitt Benckiser
27.5 Unilever
27.6 VI-JON
28 Other Prominent Vendors
28.1 BATH & BODY WORKS
28.2 Best Sanitizers
28.3 Chattem
28.4 Christeyns Food Hygiene
28.5 Cleenol Group
28.6 Ecohydra
28.7 Ecolab
28.8 Henkel
28.9 Kimberly-Clark
28.10 Kutol Products Company
28.11 Linkwell
28.12 Lion Corporation
28.13 Medline Industries
28.14 Nice-Pak Products
28.15 Safetec Of America
28.16 The Himalaya Drug Company
28.17 Vectair Systems
28.18 Whiteley Corporation
28.19 Zoono Group
28.20 JSW Paints
28.21 Emami
28.22 L'oreal
28.23 Deepak Fertilisers And Petrochemicals Corporation Ltd. (DFPCL)
28.24 Asian Paints
28.25 Luxor
28.26 LVMH
28.27 The Clorox Company
28.28 Kavit Polybind Private Limited
28.29 Cossmic Product Private Limited
28.30 BO International
28.31 Radix Hi-Care Products
28.32 Kripa Pharma
28.33 EO Products
28.34 Edgewell Personal Care
28.35 SC Johnson
28.36 Apollo Health And Beauty Care
28.37 Hartmann Group
28.38 Zidac Laboratories
28.39 Shangrao Chunyu Technology
29 Report Summary
29.1 Key Takeaways
29.2 Strategic Recommendations
30 Quantitative Summary
30.1 Market By Geography
30.2 Market By Product
30.3 Market By End-User
30.4 Healthcare
30.5 Residential
30.6 Government & Military
30.7 Hospitality
30.8 Corporate
30.9 Education
30.10 Market By Functional Ingredients
30.11 Alcohol-Based
30.12 Ethyl Alcohol
30.13 Isopropyl Alcohol
30.14 Non-Alcoholic Hand Sanitizer
30.15 Quats
30.16 Chlorine/Iodophor
30.17 Other Ingredients
30.18 Market By Distribution Channel
30.19 North America
30.2 Europe
30.21 APAC
30.22 Latin America
30.23 Middle East & Africa
31 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/z6o5qo
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