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Global Hand Sanitizer Market – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

Global Hand Sanitizer Market (By Form – Foam/Gel Sanitizers, Liquid Sanitizers, Spray (Aerosols) Sanitizers; By SKU– <50 ml, 51-100 ml, 101-500 ml, >501 ml; By Type– Alcohol based, Non-alcohol based; By Distribution channel– Retail store, Online store, Pharma/Medical store; By End-user– Residents, Hospitals & Clinics, Enterprises, Manufacturing, Others; By Region– North America, Europe, Asia, Middle East & Africa, South America)– Industry Dynamics, Market Size, and Opportunity Forecast to 2027

  • Published On: 30-Apr-2021  |  Format: pdf powerpoint excel  |  Report ID: AA0521079

FREQUENTLY ASKED QUESTIONS

The global hand sanitizer market size was valued at US$ 5.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.0%

The Global Hand Sanitizer market in 2020 was 1412.8 MMT by volume.

The report provides market size estimates for period of 2017-2027. Wherein, 2017-2019 is the historic period. 2020 is the base year, and 2021-2027 is the forecast period. In all, forecast is provided for a term of 10 years in the report. 

The alcohol-free hand sanitizers are not efficiently killing germs, bacteria, and viruses, and hence the WHO and CDC highly recommends the use of alcohol-based hand sanitizer for 20-30 seconds using appropriate technique. However, if looking for the purpose of general use, other non-alcohol based variants may be used, considering long effect of alcohol based hand sanitizers on skin when used excessively for long term.

The COVID-19 outbreak has greatly improved the global sale of hand sanitizers. It is owed to increasing hand hygiene awareness which further creates a positive effect in curbing nosocomial infections.

The leading player in Hand Sanitizer market includes Reckitt Benckiser Group PLC, GOJO Industries, L Brands, Inc., Dongguan Bath Concept Cosmetics Co., Ltd., Hindustan Unilever Ltd. And others.

The increasing awareness among individuals due to widespread of COVID-19 and importance of personal hygiene has greatly increased the market growth. Also, high demand of hand sanitizers has increased the number of new entrants and local manufacturers across the world.

The gel sanitizers are spill free, can be used for longer period as compared to liquid or spray. 

Alcohol based hand sanitizer is estimated to grow with the highest CAGR of 8.7% owing to the guidelines shared by the WHO recommending its use. In line with these guidelines, various governments around the world have promoted the use of ethyl alcohol or isopropyl alcohol-based hand rubs for hand hygiene. 

The report provides analysis of following segments in terms of SKU - <50 ml, 51-100 ml, 101-200 ml, and >500. Of these, 101-200 ml is most picked up unit by retail customers due to ease of handling and convenience during mobility.

Asia Pacific dominates the market owing to high population of the region with a value of US$ 3,171.3 Million and growing at CAGR of 6.4%

The raw material required for the manufacturing of the hand sanitizer are ethanol, isopropanol, glycerol, hydrogen peroxide, distilled water, aloe vera, lemon extract, storage utensils, storage bottles. Some of the suppliers are SimpleHuman, INEOS and Sasol.

Pharmacy and medical stores hold the major share of 45.90% in 2019 due to increasing sales of sanitizers with higher alcohol content, and there are restrictions in few countries. For instance, The Drugs and Cosmetics Act, 1940 (DCA) mandates that every drug stocked or sold in India must be sold under a license.