2022 Global Hand Sanitizers Market Trajectory and Analysis Report: Innovations in Dispenser Formulations and Designs Are Spearheading Market Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Hand Sanitizers – Global Market Trajectory & Analytics” report has been added to from ResearchAndMarkets.com offer.

Global hand sanitizer market to reach $39.2 billion by 2027

The global hand sanitizer market, estimated at US$12.1 billion in 2020, is expected to reach a revised size of US$39.2 billion by 2027, growing at a CAGR of 18.3% over the 2020-2027 analysis period.

Frost, one of the segments analyzed in the report, is expected to register a CAGR of 19.5% and reach US$19.2 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and induced economic crisis, foam segment growth is readjusted to a revised CAGR of 18.4% for the next 7-year period.

The US market is estimated at $3.8 billion, while China is expected to grow at a CAGR of 18.1%

The hand sanitizer market in the United States is estimated to be worth US$3.8 billion in 2020. China, the world’s second largest economy, is expected to reach a projected market size of US$3.3 billion by 2027, with a CAGR of 18.1% over the analysis period 2020 to 2027.

Other notable GeoMarkets include Japan and Canada, each predicting growth of 15.2% and 17.2% respectively over the 2020-2027 period. In Europe, Germany is expected to grow around 19.5% CAGR.

The spray segment will register a CAGR of 16.2%

In the global spray segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 16.7% for this segment. These regional markets representing a combined market size of US$1.5 billion in 2020 will reach a projected size of US$4.5 billion by the end of the analysis period.

China will remain among the fastest growing markets in this group of regional markets. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$3.3 billion by 2027, while Latin America will grow to a CAGR of 15.3% over the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • COVID-19 leaves the global economy in shambles

  • Global COVID-19 cases: total number of cases, deaths, cases per million population and deaths per million population for major nations

  • As global economy struggles amid COVID-19, hand sanitizer sales hit new high

  • Hand sanitizers: a prelude

  • Market Outlook

  • Summarized key factors

  • Growing consumer awareness

  • Launch of high performance products

  • Launch of green and sustainable solutions

  • User-friendly solutions

  • Market constraints

  • Gel-based hand sanitizers occupy a significant share of the global market

  • Superior efficacy of alcohol-based sanitizers propels segment to dominance

  • The hospital sector remains the main end-user segment

  • Developed regions: main consumers of hand sanitizers

  • Developing regions to generate gains

  • Competetion

  • US companies dominate the global hand sanitizer market

  • Recent market activity

2. FOCUS ON SELECT PLAYERS (Total 101 Featured)

  • 3M Company

  • Best Sanitizers, Inc.

  • Byotrol plc

  • GOJO Industries, Inc.

  • Henkel AG & Co. KGaA

  • Lion Corporation

  • Medline Industries, Inc.

  • Nice-Pak Products, Inc.

  • Procter & Gamble Co.

  • Reckitt Benckiser Group plc

  • SC Johnson & Sons, Inc.

  • SC Johnson Professional USA, Inc.

  • Skinvisible, Inc.

  • The Clorox Company

  • Unilever plc

  • Vi-Jon Laboratories, Inc.

  • Zep, Inc.

3. MARKET TRENDS AND DRIVERS

  • Alcohol Distilleries Hand & Eye Sanitizer Company

  • Selection of some disinfectants produced and distributed by distilleries

  • Small businesses are flocking to the disinfectant market

  • Supply chain disruptions to amplify hand sanitizer shortages

  • Innovations in formulations and dispenser designs are spearheading market growth

  • Perfumeries and fashion brands are reconfiguring production lines to increase the supply of hand sanitizers

  • Manufacturers reallocate production units to meet growing demand

  • Small bottles, desktop containers and portable hand sanitizers are becoming ubiquitous

  • Vending systems occupy an important place in the market

  • The aging of the population and its vulnerability to various infections: a major driver of growth

  • Children and young adults: a lucrative demographic and the new advertising target

  • Growing consumer awareness of the environment is driving strong demand for natural variants

  • Scent will become an important attribute of hand sanitizers, bodes well for the market

  • Effectiveness of alcohol-based hand sanitizers

  • Alcohol-free hand sanitizers replace alcohol-based versions

  • Comparison of different parameters for alcohol-based and alcohol-free hand sanitizers

  • Steady increase in risks and threats of hand hygiene related diseases and infections is driving healthy growth of the market

  • Lotion-Based Hand Sanitizers: Combining Disinfectant and Moisturizing Attributes

  • Retail Segment: Dominant Support for Distributing Hand Sanitizers

  • The online channel opens up a robust sales platform

  • Issues and Challenges

  • Studies claim that disinfectants reduce the body’s defense against pathogens

  • Excessive use of hand sanitizers gives rise to drug-resistant bacteria

  • Risk of poisoning and flammability in alcohol-based disinfectants

  • Drought: a major cause for concern

  • Risk of dermatitis from alcohol-based hand sanitizers

  • Parabens: health risks raise concerns

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

UNITED STATES

  • Market overview

  • Covid-19 drives up demand for hand sanitizers

  • Companies are shifting production to hand sanitizers to meet local demand

  • Breweries and distilleries are stepping up production of hand sanitizer

  • Federal Government Offers Support to Increase Production of Hand Sanitizers to Mitigate the Spread of COVID-19

  • FDA guidelines for hand sanitizers during the COVID-19 crisis

  • TTB guide for hand sanitizers

  • Impact of the CARES Act

  • FDA emphasizes labeling claims

  • Influenza and other pandemics generate peak demand for hand sanitizers

  • Environmentally friendly products are increasingly adopted

  • Back to School Spell Opportunities

  • CDC and WHO guidelines anchor widespread adoption of hand sanitizers

  • Aging population: a major demand driver

EUROPE

  • Chemical companies are converting their European manufacturing facilities to hand sanitizer trains

  • Fashion and fragrance entities step in to produce hand sanitizers

ASIA PACIFIC

  • Hand Sanitizers Market Presence – Strong/Active/Niche/Trivial – Key Competitors in Asia-Pacific by 2022 (E)

  • Asia-Pacific is emerging as a dynamic market for hand sanitizers

IV. COMPETETION

For more information about this report, visit https://www.researchandmarkets.com/r/aleiab.

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