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The hand sanitizer market is projected to grow at a rate of 11.3% in terms of value, from 2020 to reach USD 7.32 Billion by 2027. The growing demand for hand sanitizers is owing to its benefits in decreasing the transmission of gastrointestinal and respiratory infectious diseases.<br><br>
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Market Summary Changing lifestyle trends and growing awareness about hygiene is one of the significant factors influencing the market growth. Market Size – USD 2.87 billion in 2019, Market Growth - CAGR of 11.3%, Market Trends – Growing demand for sanitization amid COVID-19 pandemic The global Hand Sanitizer market is expected to reach USD 7.32 Billion by 2027, according to a new report by Reports and Data. The growing demand for hand sanitizers is owing to its benefits in decreasing the transmission of gastrointestinal and respiratory infectious diseases, as well as it possesses constituents that prevent skin dryness and irritation as compared to hand-washing. Further key findings from the report suggest : • North America contributed to the largest market share in 2019 and is expected to grow at a rate of 11.0% in the forecast period. Rising prevalence of nosocomial viral respiratory infections and the outbreak of COVID-19 recently are among the significant factors driving the growth of the market. • The prices of hand sanitizers have witnessed a surge in price by retailers across several international markets, due to the swelling demand resulting from the COVID-19 pandemic. The virus having originated in China has spread to over 60 nations. www.reportsanddata.com
Key Players: • Procter & Gamble, GOJO Industries Inc., Unilever Group, Reckitt Benckiser Group PLC, Henkel AG & Company, The Himalaya Drug Company, S.C. Johnson & Son Inc., 3M Company, Godrej Consumer Products Ltd., and Vi-Jon Inc., among others. • Segmentation: • Type Outlook (Revenue, USD Million; 2017-2027) • Alcohol-Based Hand Sanitizer • Alcohol-Free Hand Sanitizer • Form Outlook (Revenue, USD Million; 2017-2027) • Gel Hand Sanitizer • Liquid Hand Sanitizer • Foam Hand Sanitizer • Others • Application Outlook (Revenue, USD Million; 2017-2027) • Hospitals & Clinics • Hotels & Restaurants • Household Purposes • Others www.reportsanddata.com
Regional Hand Sanitizer Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com