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What is the Global Hand sanitizer market size?
How much is the hand sanitizer market worth in 2022?
How will hand sanitizer market share grow in 2023 & 2032?
How will the hand sanitiser market grow in 2024-2032?
The global hand sanitizer market size was estimated at USD 7.05 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030.
- Asia Pacific dominated the hand sanitizer market with a share of 41.8% in 2022. The growth of the regional market is mainly driven by the increased...
- Some of the key players operating in the hand sanitizer market include Reckitt Benckiser Group plc; Procter and Gamble; The Himalaya Drug Company;...
- Key factors that are driving the hand sanitizer market growth include panic buying of the product on account of the COVID virus outbreak wherein th...
- The global hand sanitizer market was estimated at USD 6.5 billion in 2022 and is expected to reach USD 7.04 billion in 2023. Read More
- The global hand sanitizer market is expected to grow at a compound annual growth rate of 6.6% from 2022 to 2030 to reach USD 10.84 billion by 2030....
The Global Hand Sanitizer Market Size was valued at USD 4.2 Billion in 2022. The Market is Growing at a CAGR of 6.5% from 2022 to 2032. The Worldwide Hand Sanitizer Market Size is expected to reach USD 7.9 Billion by 2032. Asia Pacific is expected to Grow the fastest during the forecast period.
- 2022
- 6.5%
- 2022-2032
- USD 4.2 Billion
- Hand Sanitizer Market Trends
- Hand Sanitizer Market Growth Factors
- Restraining Factors
- Hand Sanitizer Market Segmentation Analysis
- Regional Insights
- List of Key Companies in Hand Sanitizer Market
- Report Coverage
Sustainable Personal Hygiene Products to be a Prominent Market Trend Consumers are increasingly prioritizing products that align with their values and environmental concerns. Sustainable hand sanitizers, made from biodegradable ingredients, renewable resources, and recyclable packaging, resonate with environmentally conscious consumers, driving dem...
Rising Government Support in the Promotion of Hygiene Products to Augment Market Progress Various government programs and promotions regarding personal hygiene and cleanliness are generating demand for personal care products. For instance, on 5thMay 2021, the World Health Organization (WHO) introduced a campaign named ‘Seconds Save Lives, Clean You...
Availability of Alternative Products to Restrain Market Growth The wide availability of alternative products, such as soaps, shampoos, and oils, can decrease sales of various hand cleansing products, such as sanitizers and washers, which will restrain the product demand. Additionally, rising instances of the harmful side effects of synthetic chemic...
By Product Form Analysis
Effective Germ Protection Feature of Gel Segment to Dominate Global Market Based on product form, the market is segmented into foam, gel, and liquid. The gel segment is expected to hold a considerable hand sanitizer market share as gel-based cleansers are more effective for germ protection than other sanitizers. Gel sanitizers provides more exposure and protection to the hands, providing better health & hygienic to the consumers. However, the demand for foam and liquid hand sanitizers due to...
By Type Analysis
Wide Usage of Alcohol-based Hand Sanitizers to Hold Leading Position in Market Based on type, the market is segmented into alcohol-based and alcohol-free. These product types differ based on the quantity of alcohol used in the sanitizer solution. The alcohol-based segment is expected to dominate the market as they are more effective in germ protection. Alcohol-based sanitizers are widely used in hospitals to keep people and the hospital ambiance infection-free as they promote antimicrobial re...
By Distribution Channel Analysis
Convenience Provided by Supermarket/Hypermarket Stores to Hold Dominant Position in the Market Based on distribution channel, the market is segmented into pharmacy stores, supermarkets/hypermarkets, online retail channels, and others such as department stores, drug stores, and grocery stores. The hypermarket & supermarket segment holds a dominant position in the global market owing to the availability of a wide range of hand-cleansing products from various brands at a single store and the dis...
The market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. To get more information on the regional analysis of this market, Request a Free sample The North America market stood at USD 1.36 billion in 2023. The region is projected to lead the global market share due to the presence of prominent ma...
Innovation and Effective Distribution Channels are Important Factors for Market Growth Prominent players of hand sanitizers are constantly focusing on innovating the quality and form of disinfectants, as well as the shape and size of cleansing accessories to provide effective germ protection solutions. Also, companies are keenly focusing on establi...
To get information on various segments, share your queries with us The global market research report provides a detailed analysis of the market and focuses on crucial aspects such as leading companies, product forms, types, distribution channels, and end-users. The report includes qualitative information from various sources such as the Food and Dr...
- 2023
- 2019-2032
- 2024
The global hand sanitizer market size is projected to reach USD 4,855 million by 2028 from USD 1,950 million in 2022, at a CAGR of 6.3% during the forecast period.
Global market for hand sanitizer was valued at more than USD 3.5 billion in 2022 and is estimated to grow at an over 7% CAGR through 2032 driven by the rising prevalence of infectious diseases worldwide.
- Gel type segment accounted for over USD 1.5 billion in revenue in 2022 and is set to record significant growth in the forthcoming period owing to i...
- Europe hand sanitizer market is forecast to be valued at over USD 2 billion by 2032 owing to favorable initiatives and funds provided by the domest...
- 3M, Ecolab Inc., Inc., Vi-Jon, Bath & Body Works, Inc., Godrej Consumer Products Limited, GOJO Industries, Inc., ITC Limited, PZ Cussons, Kutol, Th...
The hand sanitizer market is expected to be worth US$ 1.7 billion in 2022, recording a CAGR of 6.6% over the forecast period. The global market's absolute dollar growth is US$ 1.9 billion. The healthcare spending is rising, which is predicted to raise public awareness about the need for hygiene and safety in everyday life.
The global hand sanitiser market size reached a value of USD 6.05 billion in 2023. The market is expected to grow at a CAGR of 5.20% during the forecast period of 2024-2032, to reach a value of around USD 7.4 billion by 2032. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF.
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