Global Hand Sanitizer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Gel, Liquid, Spray, Foam, Wipes and Others.

By Distribution Channel;

Hypermarket/Supermarket, Convenience Stores, Pharmaceutical and Drug Stores, Online, Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn558113322 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Hand Sanitizer Market (USD Million), 2020 - 2030

In the year 2023, the Global Hand Sanitizer Market was valued at USD 6,954.50 million. The size of this market is expected to increase to USD 10,878.43 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

Rising global awareness regarding sanitation and personal hygiene is expected to drive the product demand as it is an antiseptic solution, which is used as an alternative to soap and water. Moreover, it helps in preventing some of the most infectious diseases, including COVID-19, norovirus, influenza, meningitis, hand, foot, and mouth disease, pertussis (whooping cough), and methicillin-resistant staphylococcus aureus (MRSA). The COVID-19 pandemic has called for the increased use of hand sanitizers worldwide in public facilities, transportation, hospitals, nursing homes, and even common households to mitigate the virus burden.

Active ingredients, such as ethyl alcohol, used to manufacture sanitizers are recommended for use against COVID-19 viruses, which is claimed to be effective against SARS CoV-2 virus, by The United States Food and Drug Administration (FDA). Such factors are likely to boost the market growth. Health and hygiene concerns are increasing worldwide. The market has been witnessing significant developments in the industry worldwide in the wake of the pandemic. However, with supply chain disruptions and wide supply-demand gaps worldwide, the industry faced significant challenges in ramping up manufacturing capacities to help mitigate the supply shortage.To address this supply shortage, several companies have begun leveraging their mass production capabilities to manufacture these products for their domestic markets. For instance, in April 2020 Honeywell announced the expansion of its manufacturing operations at two chemical manufacturing facilities to produce and donate hand sanitizer to government agencies in response to shortages caused by the COVID-19 pandemic. The company’s sites in Muskegon, Michigan, Seelze, and Germany, produced these products for two months, May and June 2020, for government agencies, and institutions in need. However, third-party manufacturers, or contract manufacturers, were critical to major brands in increasing their output in 2020-2021.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Hand Sanitizer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health and Hygiene Awareness
        2. Rise in Health Consciousness
        3. Rising Government Support in the Promotion of Hygiene Products to Augment Market Progress
        4. Product Innovations by Incorporating Unique Ingredients to Drive Market Growth
      2. Restraints
        1. Supply Chain Disruptions
        2. Regulatory Challenges
        3. Health Concerns
        4. Availability of Alternative Products to Restrain Market Growth
      3. Opportunities
        1. Product Innovation
        2. Expansion into New Markets
        3. Partnerships and Collaborations
        4. E-commerce Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hand Sanitizer Market, By Product Type, 2020 - 2030 (USD Million)
      1. Gel
      2. Liquid
      3. Spray
      4. Foam
      5. Sanitizing Wipes
    2. Global Hand Sanitizer Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Hypermarket/Supermarket
      2. Convenience Stores
      3. Pharmaceutical and Drug Stores
      4. Online
      5. Others
    3. Global Hand Sanitizer Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Reckitt Benckiser Group plc
      2. Procter and Gamble
      3. The Himalaya Drug Company
      4. GOJO Industries, Inc.
      5. Henkel AG and Company
      6. Unilever
      7. Vi-Jon
      8. Chattem, Inc.
      9. Best Sanitizers, Inc.
      10. Kutol
  7. Analyst Views
  8. Future Outlook of the Market

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