Press Release
Press Release
According to a new report by EMR titled, ‘The South Korea Hand Sanitizer Market Report and Forecast 2024-2032’, the market reached a value of about USD 53.55 million in 2023. It is expected to witness a healthy growth in the forecast period of 2024-2032, driven by the growing awareness regarding hygiene and product innovation.
Higher living standards, disposable income, and hygiene awareness play a crucial role in driving the demand for hand sanitizer. The South Korea hand sanitizer market is witnessing increased consumer preference for skin-friendly, sustainable products with natural ingredients like aloe vera and scents. Brands like Innisfree gain attention for eco-conscious initiatives, investing in recyclable and reusable packaging. Gel and foam sanitizers' ease of use and effectiveness support product demand, especially among older adults at higher risk. Businesses are adapting to meet evolving consumer needs, influenced by the pandemic's impact on health and hygiene.
The hand sanitizer demand increased significantly over the past few years as a result of the rapid spread of COVID-19. The COVID-19 pandemic heightened hygiene concerns, boosting the hand sanitizer market in South Korea. International organizations like the WHO endorsed alcohol-based sanitizer to maintain safety protocols, further adding to the market revenue.
The development of innovative products to meet rising demand for hygiene products is shaping the market dynamics. For instance, in March 2021, Cleancult, known for sustainable cleaning, launched the world's first zero-waste hand sanitizer amidst the COVID-19 pandemic. The FDA-approved, plant-based formula with Benzalkonium Chloride is gentle on the skin yet tough on germs.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the South Korea hand sanitizer market are Reckitt Benckiser Group plc, 3M Co., Aekyung Industrial Co., Ltd., DBK Korea Co, Ltd., and Lion Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Type |
|
Breakup by End Use |
|
Breakup by Distribution Channels |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.