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Hand sanitizer market research report by 2021 to 2027

The Hand sanitizer market research report analysis from recent past with an eye on coming years in this report that also offers projections Hand sanitizer industry targeted at helping in business decisions.

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Hand sanitizer market research report by 2021 to 2027

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  1. Hand sanitizer market trends research and projections for 2021- 2027 • A research study conducted by Global Market Insights, Inc., suggests that hand sanitizers marketis likely to exceed the $6.4 billion mark by 2027, in terms of revenue. Government campaigns and initiatives to spread awareness about personal hygiene and preventive measures is likely to drive product adoption. With the rapid spread of the coronavirus, public health and government agencies in affected countries have put out several preventive measures to curb infection, including frequent washing of hands and using hand sanitizers. • While hand sanitizers have played an important role earlier, they have been a supplementary product in the personal hygiene segment. Before the ongoing COVID-19 pandemic, several people were unaware of the spread of infections through unhygienic environments and practices. But the pandemic has raised awareness and consequently increased the sales of hand sanitizers. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. The growth can be ascribed to constant efforts by hand sanitizer manufacturers to launch new products and solutions. For example, in 2020, key industry player, Ecolab, announced the acceleration and expansion of its WHO hand sanitizer formula production to meet the rising customer needs. • The demand for alcohol-based hand sanitizers has witnessed a rise over the years as they are considered to be more effective to reduce microbial load. In fact, WHO & CDC have also recommended the use of these sanitizers. On this note, it would be safe to state that, alcohol-based hand sanitizers witnessed around 93% of overall market share in 2020 and is likely to continue rising over the forecast timeframe. • Meanwhile, the overall market share from online distribution platform is anticipated to grow at a CAGR of 4.6% over the analysis period. This is due to the change in purchasing pattern of customers for their daily needs and the high number of companies transitioning towards online platforms. Furthermore, the benefits of online shopping such as free home delivery, high discounts and attractive deals on products are enticing consumers into adopting online purchasing. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4604 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • In terms, of regional landscape, Asia Pacific is estimated to emerge as a profitable market for hand sanitizers. The market growth is primarily attributed to soaring cases of COVID-19 cases in highly populated countries like China and India. That apart, the governments in the region are also taking various initiatives to reduce the spread of the virus. Driven by such factors, Asia Pacific hand sanitizers market is poised to grow at 3% CAGR through 2027. • Competitive Analysis • Some of the key companies operating in the market include 3M, Best Sanitizers, Inc., Certus Medical (ABC Compounding Co., Inc.), DEB Group Ltd (S.C. Johnson & Son, Inc.), Ecolab, Godrej Consumer Products Limited, GOJO Industries Inc., ITC Limited, Kutol, L Brands, PAUL HARTMANN AG, PZ Cussons, Reckitt Benckiser Group plc, The Himalaya Drug Company (Himalaya Global Holdings Ltd), Unilever, and Vi-Jon (Berkshire Partners LLC.). Request for Customization @ https://www.gminsights.com/roc/4604 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Medical Gases Market @ https://www.gminsights.com/industry-analysis/hand-sanitizer-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/4604 Request for customization: https://www.gminsights.com/roc/4604 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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