According to Facts & Factors, the global hand sanitizer market size is expected to surpass around US$ 8 billion in 2020 to US$ 17 billion by 2026 and is expanding growth at a registered CAGR of 31% from 2021 to 2026.
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Market Overview:
Sanitizers for the hands and disinfectants for the hands are both designed to get rid of a wide range of viruses, bacteria, and other microorganisms that are potentially hazardous to the human body. Hand sanitizers can kill germs on a more physical scale than standard practices can, but they are extremely effective at killing germs that can’t be killed by the latter. In addition, the norovirus and clostridium difficile families of germs are typically eliminated with a high degree of success by the use of hand sanitizers. Sanitizers for the hands are frequently used in procedures and settings that call for a clean form of surface transmissive applications, such as operating theatres.
Market Dynamics:
On the basis of distribution channels, the global market for hand sanitizer can be divided into the following categories: hypermarkets and supermarkets, specialty stores, drug stores, departmental and pharmacy stores, online, and other categories. Due to the easy availability of the product and the decreased delivery times, the market share that pertains to the segment that includes hypermarkets and supermarkets is expected to account for the largest portion of the market during the advent of the forecast. The growth of the global hand sanitizer market will be boosted to a greater extent by a further increase in the extent to which prices are lowered and appealing packaged offers are made available.
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On the basis of the end-users, the market for hand sanitizer around the world can be segmented into restaurants, schools, hospitals, household purposes, and other categories. As a result of increased sanitization requirements for a wide variety of medical procedures, the segment of the market that is comprised of hospitals will account for the largest market share during the advent of the forecast in terms of the collection of global revenue. In addition to this, an increase in the likelihood of contracting an infection in hospitals will further drive up sales in this market. However, due to the appearance of COVID-19, its application in domestic settings has become more widespread.
The global hand sanitizer market can be segmented on the basis of:
By Product Segment Analysis
- Gel
- Foam
- Liquid
- Others
By Distribution Channel Segment Analysis
- Hypermarket & Supermarkets
- Specialty Stores
- Drugs Stores
- Departmental & Pharmacy Stores
- Online
- Others
By Functional Ingredient Segment Analysis
- Alcohol-Based
- Ethyl Alcohol
- Isopropyl Alcohol
- Alcohol-Free
- Quats
- Chlorine/Iodophor
- Others
By Packaging Type Segment Analysis
- Dispensing Packets
- Pump Bottles
By End-Users Segment Analysis
- Restaurants
- Schools
- Hospitals
- Household Purposes
- Others
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
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