Automatic Sanitizer Dispenser Market Set to Reach USD 30 Million by 2026
According to the report, The global Automatic Sanitizer Dispenser market in 2019 was approximately USD 20 Million. The market is expected to grow at a CAGR of 7% and is anticipated to reach around USD 30 million by 2026.
The automatic sanitizer dispenser is the battery-powered sensor-based automatic dispenser which is used to eliminate the human touch and provides a safe dispensing solution. In common the ultrasonic sensors are used to detect the presence of the human hand and sanitizer with the specific quantity is discharged from the dispenser.
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The Automatic Sanitizer Dispenser market research report delivers an acute valuation and taxonomy of the Automatic Sanitizer Dispenser industry by practically splitting the market on the basis of installation type, capacity, sanitizer type, price range, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Automatic Sanitizer Dispenser industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Automatic Sanitizer Dispenser industry is provided for the leading economies of the world.
The Automatic Sanitizer Dispenser market is segmented based on installation portable, and fixed. On the basis of installation type segmentation, the market is categorized into portable and fixed. In terms of capacity segmentation, the market is divided into below 500 ml, 500 ml – 1000 ml, 1000 ml – 2000 ml, 2000 ml – 2999 ml, 3000 ml – 4999 m, 5000 ml, and above. Based on the sanitizer type segmentation the market is split into liquid, gel, and foam. Further based on the price range market is bifurcated into premium, and mass categories.
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Key market players operating in the automatic sanitizer dispenser market, comprises Kingsway Technology, American Specialties, Inc., Sudhai AirTech Private Limited, DoctorClean, STAIETECH LLP, Gojo Industries, Inc., NR Hygiene Solutions, Hokwang, Industries Co., Ltd., Kutol, and JVD GROUP. The market for the automatic sanitizer dispenser market is quite concentrated. However, the pandemic has created opportunities to enter new players in the market. The intense rivalry amongst players may develop a price war amongst the market players.
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