The Hand sanitizer is a form of liquid which can be used as a hand antiseptic, or hand rub agent used to remove pathogens present on the hand. Hand sanitizer comes in different forms like alcohol sanitizer, which contain ethyl alcohol. In contrast, another non-alcoholic sanitizer contains triclosan both are antibiotic compound that reduces the infections on the hands caused by the microorganisms. Hand sanitizer used to avoid hand wash with soaps and liquid as hand sanitizer is generally more effective and can be used in the situation where soap and water are not available.
The global Hand Sanitizer market expected to grow at noteworthy CAGR in the forecast period from 2020-2027. Increasing contagious virus-like COVID 19, Ebola virus, raising air pollution diseases, rise in health standard, and awareness about hand hygiene, and with instruction given by WHO, FDA for washing hands with sanitizer to reduce the virus affect in bolstering the demand for the global hand sanitizer market.
Moreover, the rising health emergency declared by the WHO global pandemic due to the Coronavirus has fueled the demand for the global hand sanitizer market. As hand sanitizer used to prevent the infections on the hands as it comes in the different forms which do not require soap or water, the virus tends to remove as sanitizer evaporates while applying on hands.
Furthermore, with rising health awareness among the people and increasing disposable income of the consumers have allowed them to buy hand sanitizers. Therefore, it propelled the demand for hand sanitizers in the global market. Additionally, the features of hand sanitizer have also promoted its market demand. As hand sanitizer is portable, affordable, antiseptic, moisture retention property after use, 99.9 % bacteria-killing properties, which are increasing the usage and also recommended by the doctor to use hand sanitizer during any infection, for personal hygiene or after getting in touch with an infected person or thing.
Global pandemic diseases like COVID 19 and other similar viruses have affected more than 100 countries around the world. World Health Organization and FDA are creating awareness by generating public notices, and countries like China, Italy, and others who are severely affected by this virus are recommending hand sanitizers as a necessary aid to fight with a contagious virus. Thus, increasing awareness regarding the usage of hand sanitizer has fueled the demand for the global hand sanitizer market.
The increase in disposable income of the consumers has transformed the lifestyle of the individual as people are getting more aware of personal hygiene in similar ways; they can spend and willing to buy hand sanitizers. Moreover, increasing health care facilities have emerged the market demand of hand sanitizers as doctors recommend the patients for personal hygiene to avoid infection.
Based on Product, the global Hand Sanitizer market segmented into Gel, Foam, Spray, and Others. The Gel sanitizer segment dominated the global hand sanitizers in 2019. In the wake of the moisture retention, the property comes in different flavors that improve the smell of the sanitizers, and children can use them efficiently. Additionally, the portability feature of the sanitizers has also influenced in increasing the market share of the hand sanitizers.
Moreover, the gel sanitizer is preferred more over other forms as it can be used by the children as well. The alcohol-based sanitizer contains ethyl alcohol, which smells hard and complicated for children to use it in their hands. Therefore, the gel sanitizer will remain to dominate the demand for the global hand sanitizer in the future as well.
Based on the distribution channel, the global Hand Sanitizer market classified into Online, Departmental Store, Pharmacy Store, and Others. The departmental store segment has captured the highest market share in 2019. In the wake of, various discount and offers provided to the customers has increased its market share. Additionally, the online segment has also fueled the demand for the hand sanitizer and expected to bolster its demand owing to, secure payment options, various varieties, offers, and cashback has generated the need of online segment.
Based on the end-uses channel, the global Hand Sanitizer market distributed into Restaurants, Schools, Hospitals, Household Purpose, and Others. The hospital’s segment has dominated the market. It will capture the significant market share in the forecast period as well due to the high chances of spreading infection from patients to others. Thus, the doctors use sanitizer every time after checking patients, and even staff and patients use hand sanitizers to remove the germs and microorganisms from the hands and reduce the chances of transferring the diseases or contagious virus from one another.
Based on geography, the global Hand Sanitizer market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region has emerged as leading regions for the hand sanitizer market and will fuel the market growth in the forecast period from 2020-2027. Owing to increasing disposable income, the rising development in countries, and increasing healthcare awareness, rising virus infection every year, and the recent outbreak of Coronavirus has affected the entire region and other parts of the world, this increases the urgency of hand sanitizers. Moreover, the North America region will also bolster the demand for hand sanitizers market due to, improving health facilities, and increasing personal hygiene will help in fuel the demand for the global hand sanitizers market in the forecast period.
Companies such as Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation, Unilever, Vi-Jon Laboratories Inc., Chattem Inc., Best Sanitizers Inc., and Kutol Products Company are the key players in global hand sanitizer market.