Global Hand Sanitizers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hand Sanitizers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Hand sanitizer is a skin cleanser that is mainly used to clean hands. It is an alcohol-based or non-alcohol-based liquid. It can remove dirt, common pathogens and adherent bacteria on hands by mechanical friction and surfactant combined with water flow. Hand sanitizer is mainly used to clean hands to maintain personal hygiene and reduce the risk of infectious diseases by killing bacteria on hands.

Market Overview:

The latest research study on the global Hand Sanitizers market finds that the global Hand Sanitizers market reached a value of USD 946.56 million in 2022. It’s expected that the market will achieve USD 1383.35 million by 2028, exhibiting a CAGR of 6.53% during the forecast period.

Influence of COVID-19 Outbreak on Hand Sanitizers Industry Development

At present, the global epidemic is spreading, and the shortage of medical supplies in France, Italy, Switzerland and other countries is becoming increasingly serious. Since the outbreak of the New Coronary Pneumonia epidemic, many companies in different countries and industries have switched production, making full use of their research and development capabilities to fight the epidemic, and began to produce masks, disinfection supplies, and medical ventilation equipment. Due to the accelerated spread of the new coronavirus around the world, top international brands and small manufacturers from various countries have switched to hand sanitizers and donated or sold them to countries and regions in need to jointly fight the epidemic. On March 23, the beer giant AB InBev announced that it will switch to disinfection Hand sanitizer and claims to have alcohol raw materials as its advantage in conversion. LV parent company, French luxury giant LVMH Group (LVMH) is preparing to use its perfume and cosmetics factory to produce hand sanitizer to help deal with such a new crown epidemic Product shortage. The three perfume production lines of Dior, Givenchy and Guerlain of LVMH will be changed to produce hand sanitizers and disinfectant applications. Many winemakers and winemakers such as BrewDog, Leith Gin, Verdant Spirits and Pernod Ricard have increased the production of hand sanitizers.
The global coronavirus outbreak was declared a pandemic in March 2020 due to its rapid spreading ability. It has severely affected consumer behavior and caused consumers to take more steps in personal hygiene maintenance (especially hand hygiene). Many preventive measures. In addition, the increase in the number of deaths caused by the virus has triggered shocking consumer reactions and increasing emphasis on hand hygiene to prevent infection. In addition, the World Health Organization, the Centers for Disease Control and Prevention and the world Doctors everywhere recommend the use of hand sanitizers, claiming that the use of alcohol-based hand sanitizers is one of the most effective methods for preventing viruses. The government promotes the use of hand care products to raise awareness and avoid health problems among consumers. For example, WHO and FDA have taken initiatives to make people aware of hand hygiene and the risks associated with not maintaining hand hygiene.
As consumers' awareness of health has increased, the demand for hand sanitizer has greatly increased. As a result, suppliers in the market are focusing on launching new products to meet growing demand and increase their market share. During the forecast period, due to the surge in downstream demand and increased awareness of personal hygiene and health, the development of innovative products will also become one of the key factors in the growth of the hand sanitizer market.

Strength

New products are increasingly on the market.
Smooth sales channels.
Increased social media and online advertising and increased influence.

Weakness

Chemical ingredients related to the product cause some allergies.
Hand sanitizer can irritate eyes and limit vomiting.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Reckitt Benckiser Group Plc is one of the major players operating in the Hand Sanitizers market, holding a share of 16.82% in 2020.

Reckitt Benckiser Group PLC manufactures and distributes a wide range of household, toiletry, health, and food products on a global basis. The Company's products include fabric treatments, disinfectant spray and cleaners, dishwashing detergent, personal care, food, and over the counter drugs.

Bath & Body Works LLC retails personal care products. The Company provides beauty products such as shampoos, shower gels, lotions, candles, soaps, sanitizers, foot creams, fragrances, spa and skin treatments.

Segmentation Overview:

Among different product types, Gel segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Adults segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hand Sanitizers market covered in Chapter 3:

Procter & Gamble (P&G) Company
Whealth Lohmann Centralin GmbH
GOJO Industries, Inc
Unilever Plc
Vi-Jon
Henkel Group
Bath & Body Works, LLC
The Himalaya Drug Company
Reckitt Benckiser Group Plc

In Chapter 4 and Chapter 14.2, on the basis of types, the Hand Sanitizers market from 2018 to 2029 is primarily split into:

Gel
Liquid
Spray
Foam

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hand Sanitizers market from 2018 to 2029 covers:

Adults
Kids

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)