The global hand sanitizer market size is expected to reach USD 9,890.15 million by 2029 according to a new study by Polaris Market Research. The report “Hand Sanitizer Market Share, Size, Trends, Industry Analysis Report, By Product (Gel, Liquid, Foam, Spray); By Distribution Channel (E-Commerce, Hospital Pharmacies, Retail Suppliers, Supermarket, Others); By Region, Segment Forecast, 2022 – 2029” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Hand sanitizers are extensively used across the globe to maintain hand and overall health hygiene as it destroys and slow down the growth of bacteria, virus, and other germs. The product is available in various forms, including gel, liquid, foam, and spray. They are commonly used across the globe as it takes less time and is easy to carry anytime, anywhere.
On the basis of product, gel-based sanitizer is expected to hold the major share over the forecast period. This type of sanitizer is commonly used as it contains 70%-90% of alcohol that helps destroy the germs, bacteria, and viruses present on hands. They are easy to use anytime, anywhere, and dry off quickly without leaving behind any marks on the skin. It is a non-sticky formula that sanitizes the hands while keeping them soft and well moisturized.
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On the basis of distribution channels, the supermarket channel is expected to account for the major share in the near future. The availability of a wide range of disinfectant products ranging from personal hand sanitizers to hard surface disinfectant sprays in supermarkets attracts consumers. Easy availability and accessibility of products, along with the various customer services offered by superstores, are projected to accelerate the growth of the industry.
North America is expected to account for the largest share over the forecast period owing to the rising health and hygiene concerns among people. Using disinfectants has become a part of their daily lives leading to the higher demand for the industry. In addition, North America has one of the well-developed medical infrastructure and facilities in the world. The product is widely consumed in hospitals & the medical sector in all the countries across the region.
Major participants such as 3M Company, Best Sanitizers, Inc., Byotrol plc, Chattem, Inc., Deb Group Ltd., Edgewell Personal Care, EO Products, Godrej Consumer Products Ltd, Zep, Inc., Gojo Industries, Inc., Henkel AG & Co. KGaA, KAS Direct, LLC, Lion Corporation, Medline Industries, Inc., Nice Pak, Procter & Gamble Co., Reckitt Benckiser Group plc, SC Johnson & Son, Inc., Skinvisible, Inc., The Clorox Company, The Himalaya Drug Company, Unilever plc, and Vi-Jon, Inc are the key players operating worldwide.
Polaris Market Research has segmented the hand sanitizer market on the basis of product, distribution channel, and region:
Hand Sanitizer, Product Outlook (Revenue, USD Million, 2017 – 2029)
Hand Sanitizer, Distribution Channel Outlook (Revenue, USD Million, 2017 – 2029)
- Hospital Pharmacies
- Retail Suppliers
Hand Sanitizer, Regional Outlook (Revenue, USD Million, 2017 – 2029)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa