Global Hand Sanitizer Market - Analysis and Forecast (2019-2025)

1. Global Hand Sanitizer Market

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3. Global Hand Sanitizer Market The global hand sanitizer market was valued at USD 2.0 billion in 2019 and is expected to reach USD 5.5 billion by 2025, growing at a CAGR of 17.0% during 2020-2025. The global hand sanitizer market is growing at a significant rate, due to escalating awareness of hand hygiene that is considered to be a crucial regime to restrict the incidence of any infection or spread of viruses.

4. Global Hand Sanitizer Market Increasing demand for wellness and health products as a result of communicable diseases along with ever-changing preferences of consumers towards usage of convenient hygiene products are the key factors that are driving the growth of global hand sanitizer market. The growing effect of coronavirus epidemic globally is uplifting the demand for hand sanitizers rapidly. The eruption of global pandemic has exaggerated the need for hand sanitizers and has led significant profit enhancement for the service providers. Moreover, Asia-Pacific is anticipated to witness highest CAGR during the forecast period (2020 – 2025) owing to the increasing awareness amongst the consumers pertaining to the hygiene. Moreover, extensive spread of pandemic diseases such as COVID-19 in countries such as China, South Korea, Singapore, India, Japan, and Indonesia has further accentuated the demand for hand sanitizers massively thereby bolstering the growth of the hand sanitizer market in the region.

5. Global Hand Sanitizer Market Some of the major players operating in the global hand sanitizer market are Henkel AG & Company, Procter & Gamble, GOJO Industries, Inc., Reckitt Benckiser Group plc, Best Sanitizers, Inc., Unilever, Vi-Jon Laboratories Inc., Kutol, The Himalaya Drug Company, and Chattem Inc.

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