Hand Sanitizer Holders Market 2022-2030: Rising Applications of Sanitizers in Hospitals, Hotels and Households as well
The hand sanitizers market size was USD 6.02 billion in 2021 and is expected to register a revenue CAGR of 6.9% during the forecast period.
NEW YORK CITY, NEW YORK, USA, June 20, 2022 /EINPresswire.com/ — The global hand sanitizer market is expected to reach $11.12 billion by 2030, according to a new report from Reports and Data . The growing demand for hand sanitizers is due to its benefits in reducing the transmission of gastrointestinal and respiratory infectious diseases, as well as its constituents that prevent dryness and irritation of the skin compared to hand washing. Studies have shown that the use of hand sanitizers in classrooms can reduce student absenteeism by approximately 20.0% due to illness. Additionally, growing awareness of hand hygiene to control the spread of infections acquired in hospitals is driving the market demand.
Impact of COVID-19
The outbreak of the COVID-19 pandemic has led to a skyrocketing sales of hand sanitizers. Demand for the product has increased so much that supermarkets and pharmacies have limited the number an individual can purchase at a time. Alcohol-based hand sanitizers are an effective measure to control the spread of disease, as alcohol attacks and destroys the protein coat that surrounds coronaviruses. The CDC (Center for Disease Control & Prevention) suggests the use of alcohol-based hand sanitizers containing more than 60.0% ethanol or 70.0% isopropanol as a desired form of hand hygiene in healthcare facilities, based on improved access to hand sanitizer. Additionally, the CDC recommends that healthcare providers who apply alcohol-based hand sanitizers inform patients that they are doing so according to CDC guidelines.
Hand sanitizer prices have seen a price spike at retailers in several international markets, due to growing demand resulting from the COVID-19 pandemic. The virus originating in China has spread to more than 60 countries. Sales of hand sanitiser in the UK recorded a year-on-year increase of more than 250.0% in February. Moreover, witnessing a huge gap between supply and demand, market players are deploying their manufacturing skills and conveniences to increase the production of the product to help alleviate the supply shortage. In March 2020, Dow Europe and Ineous, the main polymer manufacturers, are using the raw materials already available and deploying them to produce disinfectants and thus fill the gap. In March 2019, the Indian government declared hand sanitizers, among other products, essential items, and set prices for these items.
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The research report provides details of leading companies in the global Hand Sanitizer Holder market along with the global position, financial status, license agreement, product and service portfolio, and revenue contribution of each market player. The major market players are focused on adopting various strategies such as mergers and acquisitions, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and acquire a solid footing in the market.
The global hand sanitizer holders market is rapidly gaining momentum over the past few years and is expected to witness robust revenue growth throughout the forecast period to 2027. The consumer goods sector is witnessing rapid growth due to factors such as the paradigm shift in consumer preferences, growing demand for convenience, and the ongoing COVID-19 pandemic. The rapid income growth is attributed to factors such as increasing disposable income, improving living standards and growing preference for organic food and plant-based food products. Additionally, the increase in the health conscious population, the increasing preference for online shopping and home delivery and the growing inclination of veganism in several countries around the world and the increased emphasis on the development of New products to meet consumer demand are other factors that are expected to support market growth in the future.
Some of the major market players are listed below:
• Procter & Gamble
• GOJO Industries Inc.
• Unilever Group
• Reckitt Benckiser Group PLC
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Market segmentation :
The global Hand Sanitizer Holders industries are also studied based on major segments and examines the dominating product and application segments in detail. The report aims to assist the reader to take advantage of existing growth prospects in the market in the global Hand Sanitizer Holder industries. It offers key insights into drivers and restraints influencing major segments of the global Hand Sanitizer Holders industries.
Hand Sanitizer Holders Market segmentation based on Types:
• Alcohol-based hand sanitizer holder
• Alcohol-free hand sanitizer holder
Form Outlook (Revenue, USD Million; 2017-2027)
• Hand sanitizer gel holder
• Liquid hand sanitizer holder
• Foam hand sanitizer holder
Hand Sanitizer Holders Market Segmentation Based on Applications:
• Hospitals and clinics
• Hotels and restaurants
• For domestic purposes
For comprehensive coverage, the report examines the growth prospects, opportunities and challenges. The market report considers various key factors across major regions.
Hand Sanitizer Holders Market Segment By Region:
• North America (United States, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Benelux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, rest of Asia-Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of Middle East and Africa)
Key Features of the Global Hand Sanitizer Holder Market:
• The report offers detailed estimates at the regional level with manufacturers, consumption, sales and import/export dynamics.
• The report provides accurate details of market manufacturers/suppliers, company overview, price analysis, financial position, product portfolio and gross profit of major companies.
• Company profiling with current expansion strategies, revenue generation and recent developments.
• Optimal strategic initiatives for new market players.
• Manufacturing process, suppliers, cost, production and consumption rates, mode of transport and cost structuring, and analysis of the value chain.
• The study also includes supply chain trends, including elaborate descriptions of the latest technological developments
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Key questions addressed in the report:
• Which key players are operating in the global Hand Sanitizer Holders market?
• What are the major factors likely to impede global market revenue growth?
• What market size is the global hand sanitizer market expected to reach through the forecast period?
• Which application segment revenue is expected to grow at a rapid CAGR between 2021 and 2030?
• Which region is expected to represent a robust revenue share throughout the forecast period?
• Which regional segment is expected to register the fastest revenue CAGR throughout the forecast period?
• What CGAR revenue is the global Hand Sanitizer Holders market expected to register during the forecast period?
• What are the key findings of Porter’s Five Force analysis of the Hand Sanitizer Holder market?
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