DUBLIN--(BUSINESS WIRE)--The "Hand Sanitizer Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global hand sanitizer market by revenue is expected to grow at a CAGR of 12% during the period 2019-2026.
The global market has been witnessing a surge since the breakout of the COVID-19 pandemic. This peak is likely to continue for the next two years and would start to normalize after 2022. The pandemic has increased focus on the importance of washing hands as a simple and cost-effective solution to reduce disease spread. The WHO emphasized the need to focus on longer-term uptake to form handwashing habits. Several government bodies are considering designing and adapting handwashing behavior change programs that are effective during COVID-19.
This, in turn, is expected to fuel the demand for liquid hand wash during the forecast period. Moreover, the surge in adopting new formulation of hand sanitizers by manufacturers to provide an enhanced experience to consumers drives the market growth. The increasing popularity of organic sanitizers, which are eco-friendly, skin-safe, and sustainable, is also likely to influence market growth. Continuous innovations in formulations and dispenser designs such as touchless dispensers are gaining traction in the market.
The following factors are likely to contribute to the growth of the hand sanitizer market during the forecast period:
- High Penetration of Internet
- Demand for Flavored & Organic Hand Sanitizers
- The Outbreak of the COVID-19 Pandemic
- Growth in Promotional Activities
The study considers the global hand sanitizer market's present scenario and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Key Questions Answered
- What are the key factors and trends enabling the hand sanitizer market growth?
- How has the COVID-19 pandemic influenced the demand for hand sanitizer and hygiene products?
- Who are the major players in the value chain analysis of the hand sanitizer market?
- Which segment is likely to generate the highest revenues during the forecast period?
- Which regions are likely to dominate the hand sanitizer market shares during the forecast period?
Market Dynamics
Opportunities & Trends
- Increasing Penetration Of Internet
- Growing Demand For Flavored & Organic Hand Sanitizers
- Impact Of COVID-19 on Hand Sanitizer Market
Growth Enablers
- Rise In Number Of Healthcare-Associated Infections
- Growth In Promotional Activities
- Increasing Health Consciousness Among Consumers
Restraints
- Increasing Concerns Over Toxicity In Hand Sanitizers
- Political Turbulence In Key Markets
- Increasing Labor Costs & Cost Trade-Offs
Prominent Vendors
- 3M
- GOJO Industries
- Procter & Gamble (P&G)
- Reckitt Benckiser
- Unilever
- Vi-Jon
Other Prominent Vendors
- Bath & Body Works
- Best Sanitizers
- Chattem
- Christeyns Food Hygiene
- Cleenol Group
- EcoHydra
- Ecolab
- Henkel
- Kimberly-Clark
- Kutol Products Company
- Linkwell
- Lion Corporation
- Medline Industries
- Nice-Pak Products
- Safetec of America
- The Himalaya Drug Company
- Vectair Systems
- Whiteley Corporation
- Zoono Group
- JSW Paints
- Emami Limited
- L'Oreal
- Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL)
- Asian Paints
- Luxor
- LVMH
- The Clorox Company
- Kavit Polybind Private Limited
- Cossmic Product Private Limited
- Bo International
- Radix Hi-Care Products
- Kripa Pharma
- EO Products
- Edgewell Personal Care
- SC Johnson
- Apollo Health and Beauty Care
- HARTMANN GROUP
- Zidac Laboratories
- Shangrao Chunyu Technology
For more information about this report visit https://www.researchandmarkets.com/r/xlbruh
