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The global hand sanitizer market size was USD 2.98 billion in 2020. The market is projected to grow from USD 2.79 billion in 2021 to USD 3.47 billion in 2028 at a CAGR of 3.1% in the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Hand Sanitizer Market Size, Share & COVID-19 Impact Analysis, By Product Form (Foam, Gel, and Liquid), By Type (Alcohol-based and Alcohol-free), By Distribution Channel (Pharmacy Stores, Supermarkets/ Hypermarkets, Online Retail Channels, and Others), By End-User (Schools, Restaurants, Hospitals, Household Purpose, and Others), and Regional Forecast, 2021-2028.” According to our research analysts, companies emphasize developing several skin washes forms such as liquid, foam, gel, and sprays to entice customers towards these products.
Growing Importance of Sanitation Goods during COVID-19 Outbreak to Aid Market Growth
Hand sanitizers are significantly capable of concluding the diseases producing bacteria as well as viruses. Similarly, by using such products, people can help themselves in a better method from the coronavirus and interrupt the chain of COVID-19 disease caused due to human-to-human transmission.
Consequently, product demand shall endure rising owing to such benefits. Also, from 14th March 2019 to 14th March 2020, the Government of Canada, Department of Statistics, registered over 600% hike in the deals of hand sanitizers in Canada.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/hand-sanitizer-market-102710
Univar Solutions Collaborates with INEOS to Battle against Hand Sanitizer Scarcity in Europe
Univar B.V., a subsidiary of Univar Solutions Inc., a global chemical and ingredient supplier and distributor of value-added amenities, declared it had merged forces with INEOS for the "Hands-On!" movement to assist combat scarcities in commercial sanitizer goods in Europe.
Moreover, the founder and chairman of INEOS, promised to build a hand sanitizer division in the U.K. within ten days, with the objective of manufacturing and contributing one million packs every month to help fight the European deficiency of the product. The latter organization communicated with Univar Solutions, a long-standing and reliable partner, to assist with the mission.
Technology Invention to Fuel Market Growth
Companies are constantly trying to implement inventions in personal care goods to entice procurements by customers and to upsurge their market reach. This innovation includes the accumulation of the fragrance-effective constituents in the numerous skincare groups, which produce consciousness among the customers for the efficacy of the cleaning products.
Invention and Operative Distribution Channels are Vital Aspects Aiding the Growth of Market
Key players in the market are persistently concentrating on innovation in the excellence and form of sterilizers and the form and dimension of the cleansing accessories to offer operative bacteria fortification solutions.
Industry Developments-
List of Key Players Covered in the Report
Further Findings
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2017-2028 |
Base Year | 2020 |
Forecast Period | 2021-2028 |
Historical Period | 2017-2019 |
Unit | Value (USD Billion) |
Segmentation | By Product Form
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By Type
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By Distribution Channel
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By End-Users
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By Geography
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