Hand Sanitizer Market by Type (Gel, Liquid, Foam and Sanitizing Wipes), Composition (Alcohol-based, Alcohol-free), Distribution Channel, End User and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global Hand Sanitizer market size was valued at $3.60 billion in 2020, and is projected to reach $4.86 billion by 2026, growing at a CAGR of 5.1% during the forecast period.

• As the world is now suffering from COVID-19 the demand for hand sanitizer has increased. People got awareness about being hygiene as hand sanitizers kills more pathogenic bacteria and microorganisms than soaps do. Rising awareness towards hand hygiene is gaining importance on account of being a significant measure to restrict the occurrence of no socomial infections. Thus, hand hygiene becomes the most important component for personal care, thereby augmenting the popularity of hand sanitizers.

• Additionally, government further encourages the usage of hand care products in order to increase awareness in addition to avoid health issues among consumers. For instance, WHO have taken initiatives in order to make people aware about hand hygiene and the risks associated with it for not maintaining the hygiene.

• However, the rise in concern about infections and the lack of adoption due to the cheaper version of the product are the main factors hampering the growth of the market.

Consumer tendency towards health and wellness has increased with the rise in diseases. Washing hands repeatedly is not possible and is time-consuming, whereas, at times soap and water are not available everywhere, the hand sanitizer plays a vital role. Hand sanitizer is a liquid used to prevent from the transmission of viruses from hand to hand without water. Hand Sanitizer contains alcohol, mainly ethyl alcohol which is an active ingredient that acts as an antiseptic. It kills almost all bacteria, fungi and viruses. Hand sanitizers evaporate after disinfecting the hands and are available in various forms such as gel, liquid, foam, disposable hand whips, and are highly effective hygiene products. Enhancement in standard of living, the rise in health expenditure and the increase in health awareness have increased the usage of hand sanitizer.

By Type, the Major Market Share is Held by Gel-Based Hand Sanitizer Segment

The Gel-based hand sanitizer is likely to have a huge demand in the forecast period due to it is the most used type of sanitizers because of its cost effectiveness and convenience in use. Wide range of gel-based brands are available in the market along with product innovation by the manufacturers in terms of numerous fragrances has helped in increasing the uptake of the product. For instance, in the year 2017, new sanitizers have been launched by Himalaya Wellness those are available in different fruit flavors including orange, strawberry, green apple and litchi.

By Geography, North America is Leading in the Global Market Place

The growth is mainly attributed to strong presence of hand sanitizer manufacturers in the U.S. increase in extreme product availability with rising penetration of online as well as offline channels and increase in government initiatives to promote good personal hygiene practice in this region. Also, high awareness among population regarding personal hygiene products, and rising healthcare expenditure will further augment the market expansion.

List of the Key Players Profiled in the Market Include:

• 3M Company
• Bacardi Limited
• Colgate-Palmolive Company
• CVS Health
• Edgewell Personal Care
• GOJO Industries, Inc.
• Henkel AG & Company
• Himalaya Global Holdings Ltd
• L Brands Inc.
• Procter & Gamble
• Reckitt Benckiser Group PLC
• SC Johnson & Son, Inc
• The Himalaya Drug Company
• Unilever PLC
• Vi-Jon Inc.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type
• Gel
• Liquid
• Foam
• Sanitizing Wipes

Market by, Composition
• Alcohol-based Sanitizer
• Alcohol-free Sanitizer

Market by, Distribution Channel
• Supermarkets/Hypermarkets
• Pharmaceutical and Drug Stores
• Convenience Stores
• Online Retail Channel
• Other Distribution Channels

Market by, End User
• Restaurants
• Educational Institutes
• Healthcare
• Domestic/Household
• Other End Users

Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview           
    1.1 Introduction       
    1.2 Research Objectives      
    1.3 Market Segmentation      
    1.4 Stakeholders       
    1.5 List of Acronyms       
             
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Evaluation of Market Dynamics     
    3.3 Collaboration of Data      
    3.4 Verification and Analysis      
    3.5 Data Sources       
    3.6 Assumptions       
             
4 Market Dynamics           
    4.1 Market Drivers       
            4.1.1 Increasing prevalence of coronavirus respiratory infections
            4.1.2 Rise in government initiatives for the adoption of hand sanitizers
            4.1.3 Emerging technological innovations
            4.1.4 Growing awareness about the personal hygiene among consumers
    4.2 Market Restraints       
            4.2.1 Health hazardous associated with hand sanitizer as it contains chemical ingredients
            4.2.2 Avaliability of more alternative products
    4.3 Market Opportunities      
            4.3.1 Increasing usage of hand sanitizer through touch-free dispenser
            4.3.2 Vast untapped rural market
    4.4 Market Challanges       
            4.4.1 Intense competition among the key manufacturer
    4.5 Impact of COVID-19 on Hand Sanitizer Market    
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Hand Sanitizer Market by, Type         
    6.1 Overview       
    6.2 Gel        
    6.3 Liquid        
    6.4 Foam        
    6.5 Sanitizing Wipes       
             
7 Global Hand Sanitizer Market by, Composition        
    7.1 Overview       
    7.2 Alcohol-based Sanitizer      
    7.3 Alcohol-free Sanitizer      
             
8 Global Hand Sanitizer Market by, Distribution Channel       
    8.1 Overview       
    8.2 Supermarkets/Hypermarkets      
    8.3 Pharmaceutical and Drug Stores     
    8.4 Convenience Stores       
    8.5 Online Retail Channel      
    8.6 Other Distribution Channels      
             
9 Global Hand Sanitizer Market by, End User         
    9.1 Overview       
    9.2 Restaurants       
    9.3 Educational Institutes      
    9.4 Healthcare       
    9.5 Domestic/Household      
    9.6 Other End Users       
             
10 Global Hand Sanitizer Market by, Geography         
    10.1 Overview       
    10.2 North America       
    10.3 Europe        
    10.4 Asia Pacific       
    10.5 South America       
    10.6 Middle East & Africa      
             
11 Key Developments           
             
12 Company Profiling           
    12.1 3M Company       
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 Bacardi Limited       
    12.3 Colgate-Palmolive Company      
    12.4 CVS Health       
    12.5 Edgewell Personal Care      
    12.6 GOJO Industries, Inc.      
    12.7 Henkel AG & Company      
    12.8 Himalaya Global Holdings Ltd      
    12.9 L Brands Inc.       
    12.10 Procter & Gamble       
    12.11 Reckitt Benckiser Group PLC      
    12.12 SC Johnson & Son, Inc      
    12.13 The Himalaya Drug Company      
    12.14 Unilever PLC       
    12.15 Vi-Jon Inc.