Report Description
Hand Sanitizers Market Outlook
The global hand sanitizers market size was valued at USD 6.50 Billion in 2022 and is likely reach to USD 11.55 Billion by 2031, expanding at a CAGR of 6.6%. during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing awareness about personal hygiene and initiatives and campaigns of the government to promote personal hygiene practices.
Hand sanitizer, commonly known as hand rub, is an antibacterial chemical used to kill infectious disease-causing bacteria that are stuck on the hands. Hand sanitizer is an antibacterial solution that is used instead of soap and water.
It is used to prevent the spread of infection, which is primarily transmitted by hand and leads to a variety of disorders such as nosocomial food-borne illness and others. Consumer preference for health and wellbeing, as well as product innovation such as the use of fragrances in sanitizer formulations, is expected to drive the global hand sanitizer market.
Market Trends, Drivers, Restraints, and Opportunities:
- Consumers are now aware of the necessity of hand cleanliness in preventing the spread of infectious diseases, which is anticipated to augment the market growth.
- Many government agencies are exploring, developing, and adopting effective hand washing behavior change programs for COVID-19. As a result, demand for handwash is expected to rise during the forecast period.
- Addition of various substances for the production of anti-aging skin sanitizing lotions such as glycerin, propylene glycol, water, and others produce a key solution for skin aging problems and promotes the expansion of the hand sanitizer market.
- Demand for personal care accessories is increasing, due to expansion of infrastructure institutions such as schools and colleges, hospitals, hotels and restaurants, and residential facilities.
- Expansion of the market is anticipated to be hampered, due to increasing number of cases of skin cleansers with synthetic ingredients causing negative effects.
- Wide availability of different products such as soaps, shampoos, and oils resulted in a drop in sales income from various hand cleansing products such as sanitizers and washers, decreasing product demand.
Scope of Hand Sanitizers Market Report
The report on the global hand sanitizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Hand Sanitizers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report |
3M, P&GGOJO Industries, Unilever, Reckitt Benckiser, Vi-Jon
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Global Hand Sanitizers Market Segment Insights:
Based on product forms, the market is divided into gel/liquid, foam, sanitizing wipes, and spray. The gel/liquid segment is expected to account for a key share of the market during the forecast, as gel/liquid form of sanitizer is more effective than other types of sanitizers.
Furthermore, gels are easy to spread on the hands during use, resulting in exposure of the palm and fingers to the cleansing action and helping in fast killing of germs.
In terms of compositions, the global hand sanitizers market is segregated into alcohol-free sanitizer and alcohol-based sanitizer. The alcohol-free sanitizer segment is expected to dominate the market during the forecast period, due to its capacity to prevent infections and kill most bacteria, fungi, and viruses.
Based on distribution channels, the global hand sanitizers market is segregated into hypermarkets & supermarkets, pharmaceutical and drug stores, convenience stores, and e-commerce.
The hypermarkets & supermarkets segment is expected to dominate the market during the forecast period, due to the availability of a large choice of handwashing products from numerous brands in a single store, as well as the discounts and deals offered by these stores on large orders.
On the basis of end-users, the market is segregated into healthcare, hospitality, residential, corporate, government & military, and education. The healthcare segment is expected to hold a significant share of the market during the forecast period, as hand sanitizers are becoming increasingly important in hospitals and clinics to maintain a hygienic environment.
Furthermore, increased health concerns among doctors and other hospital and clinic workers creates a steady demand for various hygiene products.
Hand Sanitizers Market Regional Outlook
Based on regions, the global functional ingredients market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is predicted to gain a large market share and account for 34% of the market by 2026, due to the influence of the COVID-19 pandemic.
Use of hand sanitizer is at an all-time peak in the US and Canada. The US is the leading market for hand sanitizers and personal hygiene products with increased retail expansion, which has increased the market revenue.
Segments
By Product Forms
- Gel/Liquid
- Foam
- Sanitizing Wipes
- Spray
By Compositions
- Alcohol-free Sanitizer
- Alcohol-based Sanitizer
By Distribution Channels
- Hypermarkets & Supermarkets
- Pharmaceutical and Drug Stores
- Convenience Stores
- E-commerce
By End-users
- Healthcare, Hospitality
- Residential, Corporate
- Government & Military
- Education
By Regions
- Asia Pacific
- North America
- Europe, Latin America
- Middle East &Africa
By Key Players
- 3M
- P&GGOJO Industries
- Unilever
- Reckitt Benckiser
- Vi-Jon
Competitive Landscape
The global hand sanitizer market is fragmented, due to the presence of local and global market players. Key players in the market include 3M, P&GGOJO Industries, Unilever, Reckitt Benckiser, and Vi-Jon.
Market concentration is high in developed countries such as the US and other countries in West Europe. Adoption rate among end-users around the globe has been remarkable. Several new vendors have entered the market as a result of rising demand.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hand Sanitizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hand Sanitizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hand Sanitizers Market - Supply Chain
4.5. Global Hand Sanitizers Market Forecast
4.5.1. Hand Sanitizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hand Sanitizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hand Sanitizers Market Absolute $ Opportunity
5. Global Hand Sanitizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hand Sanitizers Market Size and Volume Forecast by Types
5.3.1. Gel/Liquid
5.3.2.
Foam
5.3.3.
Sanitizing Wipes
5.3.4.
Spray
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hand Sanitizers Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Hand Sanitizers Market Size and Volume Forecast by End Users
6.3.1. Healthcare, Hospitality
6.3.2.
Residential, Corporate
6.3.3.
Government & Military
6.3.4.
Education
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Hand Sanitizers Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Hand Sanitizers Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Hand Sanitizers Demand Share Forecast, 2019-2026
8. North America Hand Sanitizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Hand Sanitizers Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Hand Sanitizers Market Size and Volume Forecast by Types
8.4.1. Gel/Liquid
8.4.2.
Foam
8.4.3.
Sanitizing Wipes
8.4.4.
Spray
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Hand Sanitizers Market Size and Volume Forecast by End Users
8.7.1. Healthcare, Hospitality
8.7.2.
Residential, Corporate
8.7.3.
Government & Military
8.7.4.
Education
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Hand Sanitizers Demand Share Forecast, 2019-2026
9. Latin America Hand Sanitizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Hand Sanitizers Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Hand Sanitizers Market Size and Volume Forecast by Types
9.4.1. Gel/Liquid
9.4.2.
Foam
9.4.3.
Sanitizing Wipes
9.4.4.
Spray
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Hand Sanitizers Market Size and Volume Forecast by End Users
9.7.1. Healthcare, Hospitality
9.7.2.
Residential, Corporate
9.7.3.
Government & Military
9.7.4.
Education
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Hand Sanitizers Demand Share Forecast, 2019-2026
10. Europe Hand Sanitizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Hand Sanitizers Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Hand Sanitizers Market Size and Volume Forecast by Types
10.4.1. Gel/Liquid
10.4.2.
Foam
10.4.3.
Sanitizing Wipes
10.4.4.
Spray
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Hand Sanitizers Market Size and Volume Forecast by End Users
10.7.1. Healthcare, Hospitality
10.7.2.
Residential, Corporate
10.7.3.
Government & Military
10.7.4.
Education
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Hand Sanitizers Demand Share Forecast, 2019-2026
11. Asia Pacific Hand Sanitizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Hand Sanitizers Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Hand Sanitizers Market Size and Volume Forecast by Types
11.4.1. Gel/Liquid
11.4.2.
Foam
11.4.3.
Sanitizing Wipes
11.4.4.
Spray
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Hand Sanitizers Market Size and Volume Forecast by End Users
11.7.1. Healthcare, Hospitality
11.7.2.
Residential, Corporate
11.7.3.
Government & Military
11.7.4.
Education
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Hand Sanitizers Demand Share Forecast, 2019-2026
12. Middle East & Africa Hand Sanitizers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Hand Sanitizers Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Hand Sanitizers Market Size and Volume Forecast by Types
12.4.1. Gel/Liquid
12.4.2.
Foam
12.4.3.
Sanitizing Wipes
12.4.4.
Spray
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Hand Sanitizers Market Size and Volume Forecast by End Users
12.7.1. Healthcare, Hospitality
12.7.2.
Residential, Corporate
12.7.3.
Government & Military
12.7.4.
Education
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Hand Sanitizers Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Hand Sanitizers Market: Market Share Analysis
13.2. Hand Sanitizers Distributors and Customers
13.3. Hand Sanitizers Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. 3M
13.4.2.
P&GGOJO Industries
13.4.3.
Unilever
13.4.4.
Reckitt Benckiser
13.4.5.
Vi-Jon