Hand Sanitizer Market (By Type: Liquid, Gel, Foam, Other; By Sales Channel: E-commerce, Convenience Stores, Supermarket, Pharmaceutical Stores, Other; By End User: Household, Restaurants, Hospitals, Schools, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027

The global hand sanitizer market size is expected to reach around US$ 5 Bn by 2027 and is anticipated to grow at a CAGR of 22% in terms of revenue during the forecast period 2020 to 2027.

Hand sanitizers are usually delivered in gel or liquid forms to decrease or discourage infectious diseases from spreading. This is easy to use and has been popular as a tool in personal hygiene for alcohol-based solutions. Increasing understanding of microorganisms aims to extend its use with improved access to strong healthcare. Hand sanitizers are on the World Health Organization (WHO) essential medicines list, and their application continues to be extended in emerging economies.

The report provides analysis of global Hand Sanitizer market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.

Market Dynamics

A better understanding of physical wellbeing is growing as a major step to reduce the occurrence of micro infections. Hand hygiene thus constitutes the most critical aspect of personal care and hence fuels the use of hand sanitizers market. Moreover, the government encourages the use of hand-care goods to raise awareness and to deter public safety issues. In order to increase awareness of the hygiene and risk of disease, the WHO and the FDA, have taken actions.

Besides, the growing influence of social media and web ads has subjected individuals to recent developments in personal care and grooming that intensify the use of clean-ups by customers. This helps people to be introduced to cleaning and healthy lifestyle knowledge. Major firms such as Reckitt Benckiser Group plc and Hindustan Unilever also take the lead in fostering the knowledge of basic hand hygiene among customers.

Regional Stance

North America held significant market share in 2019 and anticipated to govern the market amid the projected time span owing to growing number of infectious diseases. Moreover, many businesses are now increasing consumer demand due to the importance of hand hygiene and the use of hand sanitizers. In fact, rising healthcare spending will fuel demand growth in the coming years.

Asia Pacific will experience CAGR more rapidly in the projected timeframe. The rise is due to improved customer knowledge of hygiene. Innovative and various forms of personal care and grooming products are now available, stressing customer convenience. The increasing hegemony of online shopping has reorganized consumer growth and the need for hand sanitizers is projected to increase in years to come.

A increasing demand for the hand sanitizer is responsible for promoting Europe Hand Sanitarian Market during the prediction era to reduce infections through hand transmission and to raise awareness about safety and hygiene hands.

Report coverage

The market research study on “Hand Sanitizer Market (Hand Sanitizer Market By Type: Liquid, Gel, Foam, Other; Hand Sanitizer Market By Sales Channel: E-commerce, Convenience Stores, Supermarket, Pharmaceutical Stores, Other; Hand Sanitizer Market By End User: Household, Restaurants, Hospitals, Schools, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Hand Sanitizer market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Hand Sanitizer market size, and segment markets by type, sales channel, end use, and geography along with the information on companies operating in the market. The Hand Sanitizer market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.  

The global Hand Sanitizer market is segmented as below:

Market Segmentation

Hand Sanitizer Market By Type

• Liquid
• Gel
• Foam
• Other

Hand Sanitizer Market By Sales Channel

• E-commerce
• Convenience Stores
• Supermarket
• Pharmaceutical Stores
• Other

Hand Sanitizer Market By End User

• Household
• Restaurants
• Hospitals
• Schools
• Others

Hand Sanitizer Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Mexico
• Brazil
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of MEA

Key Players and Market Situation

Participants include major global players such Procter and Gamble, The Himalaya Drug Company, Reckitt Benckiser Group, Gojo Industry Inc., Vi-Jon Laboratories Inc., Unilever, Chattem Inc., Henkel Corporation, Best Sanitizers Inc., Others.