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The North America hand sanitizer market size stood at USD 1.30 billion in 2022. The market is projected to grow from USD 1.33 billion in 2023 to USD 1.86 billion by 2030, exhibiting a CAGR of 4.9% during the forecast period of (2023-2030). Fortune Business Insights™ presents this information in its report titled “North America Hand Sanitizer Market Size, Share & COVID-19 Impact Analysis, By Product Form (Foam, Gel, Spray, and Others), By Type (Alcohol-based Sanitizer and Alcohol-Free Sanitizer), By End-User (Schools, Restaurants, Hospitals, Households, Office Buildings, and Others), and Regional Forecast, 2023-2030”.
The use of hand sanitizer has emerged as a prominent and widespread trend as individuals increasingly prioritize their health and hygiene. This surge in popularity can be attributed to the product's time efficiency compared to hand washing, powerful antibacterial properties, convenience for travel, and its gentle impact on the skin. Moreover, the demand for hand-sanitizers is further bolstered by their growing adoption among individuals working in high-risk environments such as sewage cleaning, mining, garbage disposal, and other hazardous workplaces.
Heightened Focus on Hygiene Measures Bolsters Market Advancement during Pandemic
The outbreak of coronavirus triggered a widespread adoption of preventive measures aimed at curbing the transmission of the infection. Citing data released in September 2020 by the Center for Disease Control and Prevention, it has been emphasized that alcohol-based hand-sanitizers play a vital role in protecting oneself and others from the coronavirus. Moreover, the demand for sanitizing products has surged among law enforcement personnel, who uphold stringent rules and regulations to ensure the safety of their citizens during the pandemic.
Ovation Science Inc. Expands Presence in Mexico through Strategic Partnership
January 2021 marks a significant milestone for Ovation Science Inc. as it secures an order of DermSafe hand-sanitizer lotion products from Grupo Venta International, S.A. de C.V., a prominent Mexican distributor. This collaboration is poised to cater to the needs of schools, hospitals, and larger businesses in Mexico. The partnership with Grupo Venta International not only signifies a valuable business opportunity for Ovation Science Inc. but also serves as a catalyst for scaling its supply chain capabilities in the Mexico market.
Healthcare Professionals Led to Surge in Sanitizer Demand due to High Usage
Healthcare professionals, including doctors, nurses, paramedics, and other frontline workers, played a crucial role in combating the coronavirus pandemic. Constant battle on the front lines increased demand for sanitizers at hospitals and healthcare facilities reached unprecedented levels. In a remarkable gesture, BrewDog, a renowned craft beer brewery company, stepped forward in April 2020 by supplying 200,000 bottles of sanitizer to NHS hospitals and healthcare charities in the U.S. This initiative aimed to meet the skyrocketing demand for sanitizers among these dedicated professionals. Surgeons, dentists, and nurses involved in critical patient operations further contributed to the growing consumption rate of sanitizers.
However, overutilization of alcohol-based sanitizers may contribute to skin dryness, cracking, and potentially compromise long-term skin health and vitality, resulting in limited North America hand sanitizer market growth.
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https://www.fortunebusinessinsights.com/north-america-hand-sanitizer-market-104294
Market Leaders Shifting toward Skin-Friendly, Natural Hand Sanitizers Sparks Growth
The increasing trend among manufacturers to shift their focus toward the production and manufacturing of natural/organic-based sanitizers is expected to increase the North America hand sanitizer market share significantly. These products are known to be gentler on the skin and contain fewer harmful chemicals. One notable example is Dr. Bronner, who has developed a peppermint organic hand sanitizer infused with organic lavender oil, ethyl alcohol, soap and water, and organic glycerin. This versatile product not only serves as a hand-sanitizer but can also be used as an air freshener and deodorant.
Notable Industry Development
List of Companies Profiled in the Report
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2030 |
|
Base Year |
2022 |
|
Estimated Year |
2023 |
|
Forecast Period |
2023-2030 |
|
Historical Period |
2019-2021 |
|
Growth Rate |
CAGR of 4.9% during 2023-2030 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product Form
|
|
By Type
|
|
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By End-User
|
|
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By Geography
|