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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Hand Sanitizer Market Analysis
Consumer inclination towards health and wellness and product development, such as the addition of fragrance in sanitiser formulation, is expected to increase the development of the global market for hand sanitizers. Also, improved living standards, increasing health expenditure, rising awareness of hygiene, and organizational assistance such as WHO, FDA, and others for the increasing demand for sanitation are further increasing the hand sanitizer market size. Health risks connected with the chemical components of hand sanitiser, however, are expected to hamper the market growth during the forecast period.
Hand Sanitizer Market Report Snapshots
Hand Sanitizer Market Analysis
*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.*
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Key Questions Answered in the Report
The global hand sanitiser market attained a value of USD 6.05 billion in 2023.
The market is projected to grow at a CAGR of 5.20% during the historical period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 7.4 billion by 2032.
The major drivers of the market, such as the rising disposable incomes, increasing population, increasing hygiene awareness, and rising demand from the developing regions, are expected to aid the market growth.
The key market trend guiding the growth of the hand sanitiser market includes the panic purchase of hand sanitiser due to COVID-19 outbreak in 2020.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Gel, foam, and spray, among others, are the leading product segments in the market.
Online stores, departmental stores, and pharmacy stores, among others, are the major distribution channels of the product in the market.
Restaurants, schools, hospitals, and household purpose, among others, are the significant end use sectors of the product in the market.
The major players in the market are Himalaya Global Holdings Ltd., Proctor and Gamble Company, Gojo Industries, Inc., Henkel AG and Co. KGaA, Unilever PLC, 3M Company, Reckitt Benckiser Group PLC, Colgate-Palmolive Company, Sanofi S.A., and The Clorox Company, among others.
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