A recent report published by Infinium Global Research on the hand
sanitizer market provides an in-depth analysis of segments and sub-segments in the
global as well as regional hand sanitizer market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
hand sanitizer market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global hand
sanitizer market. According to the report, the global hand sanitizer market is
projected to grow at a CAGR of 9.0% over the forecast period of 2019-2025.
The key players in the hand sanitizer market are focusing on
mergers, acquisitions, and new product launches that help to expand the market
share. The presence of several players in the hand sanitizer market makes it
fragmented. Companies are launching innovative products with a different
fragrance, attractive packaging, and provide various offers and discounts. Hand
sanitizers are becoming an essential part of a healthy and hygienic lifestyle.
The growing demand for sanitizers as a preventive measure drives
the growth of the hand sanitizer market. The increasing number of health-conscious people worldwide contributes to the growth of the hand sanitizer
market. The development in lifestyle and rising healthcare expenditure propel
the growth of the hand sanitizer market. Hand sanitizers are useful in
prevention from the transmission of infection. The growing awareness about the
health benefits of hand sanitizers fuels the growth of the hand sanitizer
market. On the flip side, damaging effects of hand sanitizers such as ocular
irritation, vomiting restraints the growth of the hand sanitizer market.
Moreover, research and development encourage to innovate new products that
create new opportunities for the growth of the hand sanitizer market.
On the basis of geography, the global hand sanitizer market is
divided into North America, Europe, Asia-Pacific, and the Rest of the World.
North America is anticipated to hold a premium share in the global hand
sanitizer market. The United States has a maximum share in the hand sanitizer
industry. Hand sanitizer sales in the U.S. account for more than 25% of the
global revenues. Asia-Pacific region is expected to grow in the global hand
sanitizer market with a healthy CAGR over the forecast period. The growing
healthcare industry and increasing government initiatives for hygiene and
sanitation in Asia-Pacific fuel the growth of the Asia-Pacific hand sanitizer
market. Europe is anticipated to grow in the global hand sanitizer market owing
to convenient packaging and new fragrant products.
The report on the global hand sanitizer market covers segments such as
product type, distribution channel, and end user. On the basis of product type,
the sub-markets include gel, foam, spray, and other product types. On the basis
of distribution channel, the sub-markets include departmental store, pharmacy
store, online channels, and other distribution channels. On the basis of end
user, the sub-markets include restaurants, household purpose, schools,
hospitals, and other end users.
The report provides profiles of the companies in the market such
as The Himalaya Drug Company, Procter and Gamble, Reckitt Benckiser Group, GOJO
Industries, Inc., Henkel AG & Company, KGaA, Unilever, Vi-Jon Laboratories
Inc., Chattem Inc., Best Sanitizers Inc., Kutol Products Company, and other
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the hand sanitizer
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.