+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Hand Sanitizers - Global Market Trajectory & Analytics

  • ID: 358600
  • Report
  • April 2021
  • Region: Global
  • 616 Pages
  • Global Industry Analysts, Inc
As the most often purchased product during the COVID-19 pandemic, Hand Sanitizers demand is projected to reach US$39. 1 billion by 2027. This simple personal hygiene product has gained immense popularity and critical importance as a must-have protection to survive the pandemic. Corona virus (COVID-19) is a highly transmissible disease spread largely by hand transfer of surface contamination to mouth, nose or eyes. Viruses in respiratory droplets from infected patients can survive on hard steel or glass surfaces for up to 72 hours. Frequent hand washing with virus-killing alcohol based hand sanitizers has therefore been recommended by the World Health Organization (WHO) to stay safe and control the spread of the infection. As a result, to be COVID-19 ready, panic stricken people, hospitals, offices and all public/commercial spaces have stepped up use of hand sanitizers. Supply demand imbalances are being further aggravated by stockpiling by hospitals and hoarding by consumers fearing shortages in supply. To meet the unprecedented surge in demand, alcohol companies, breweries and distilleries have shifted to producing hand sanitizers. Similarly, with the heat of the pandemic virtually evaporating demand for fuel, ethanol producers are also turning to hand sanitizer and hand rub production. With economic activity coming to a virtual standstill as lockdowns continue to remain in place in most countries, demand for fuel/energy has plummeted. The severity of the crisis can be put into perspective by the fact that oil price in the United States for the first time in history dipped below US$0 per barrel, and this volatility is expected to continue over the next couple of months. Also, with low carbon fuels expected to temporarily lose interest, ethanol producers are responding by repurposing production lines to manufacture sanitizers. FMCG companies are also ramping up their production capacities in response to rising demand.

Many more pandemics are expected to follow as a result of climate change, deforestation, wild animal habitat destruction, changing food habits, trade in exotic animal meat, and ability to bio-engineer disease-causing microorganisms in labs. Against this backdrop, the growing importance placed on hand hygiene practices in light of disease outbreaks will not lessen anytime soon. As the very basic of infection control, endorsement of hand hygiene by global health authorities such as the WHO will continue to play a pivotal role in popularizing hand sanitizer products across the consumer and healthcare markets. Hand hygiene can be singled out as the most basic of best practices to reduce infections in healthcare settings in addition to being the most effective and low cost intervention measure during pandemic management. Hand hygiene plays a decisive role in reducing rates of infectious illnesses in the community; and helps reduce gastrointestinal and respiratory illnesses by 40% & 30% respectively. A key trend in the market is the growing consumer interest in eco-friendly green sanitizers featuring renewable plant based ingredients. The market also stands to benefit from the continuous R&D focus shed on developing innovative compounds and formulations with high germicidal efficacy. Focus on skin friendly products is fueling interest in hand sanitizers with ingredients such as benzalkonium chloride, triclosan and quaternary ammonium compounds. The current pandemic is strengthening foothold of alcohol-based hand sanitizers in the healthcare sector supported by high reliability and 99. 9 percent effectiveness against infectious bacteria, germs and pathogens. Along with innovations in formulations and dispenser designs highlighting convenience, dedicated marketing and promotional campaigns will also spur growth. In low income countries where lack of clean water is a major challenge, manufacturers are focusing on developing affordable hand sanitizers targeted at the urban poor. Select Competitors (Total 101 Featured):
  • 3M Company
  • Best Sanitizers, Inc.
  • Byotrol plc
  • GOJO Industries, Inc.
  • Henkel AG & Co. KGaA
  • Lion Corporation
  • Medline Industries, Inc.
  • Nice-Pak Products, Inc.
  • Procter & Gamble Co.
  • Reckitt Benckiser Group plc
  • SC Johnson & Son, Inc.
  • SC Johnson Professional USA, Inc.
  • Skinvisible, Inc.
  • The Clorox Company
  • Unilever plc
  • Vi-Jon Laboratories, Inc.
  • Zep, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • COVID-19 Leaves the Global Economy in Shambles
  • Exhibit 1: COVID-19 Cases Worldwide: Total Cases, Deaths, Cases Per Million Population and Deaths Per Million Population for Top Nations
  • While the World Economy Struggles Amidst COVID-19, Hand Sanitizer Sales Touch New High
  • Hand Sanitizers: A Prelude
  • Market Outlook
  • Key Drivers Summarized
  • Rising Consumer Awareness
  • Introduction of High-Performance Products
  • Launch of Green & Sustainable Solutions
  • User-Friendly Solutions
  • Market Restraints
  • Gel-based Hand Sanitizers Occupy Major Share of Global Market
  • Higher Effectiveness of Alcohol-based Sanitizers Catapults the Segment to the Dominant Position
  • Hospital Sector Remains Primary End-User Segment
  • Developed Regions: Key Consumers of Hand Sanitizers
  • Developing Regions to Drive Gains
  • Competition
  • American Companies Dominate the World Hand Sanitizers Market
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Alcohol Distilleries Eye Hand Sanitizer Business
  • Select Few Sanitizers Produced and Distributed by Distilleries
  • Small Companies Flock the Sanitizers Market
  • Supply Chain Disruptions to Amplify Hand Sanitizer Shortages
  • Innovations in Formulations & Dispenser Designs Spearhead Market Growth
  • Perfumeries and Fashion Brands Reconfigure Production Lines to Boost Supply of Hand Sanitizers
  • Manufacturers Repurpose Production Units to Fulfill Swelling Demand
  • Small-Sized Bottles, Desktop Use Containers, and PorTable Hand Sanitizer Become Ubiquitous
  • Automatic Dispensing Systems Play Big in the Market
  • Aging Population and their Vulnerability to Various Infections: A Major Growth Driver
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Children and Young Adults: A Lucrative Demographic Segment & the New Advertising Target
  • Growing Consumer Awareness about the Environment Drive Strong Demand for Natural Variants
  • Fragrance to Become an Important Attribute of Hand Sanitizers, Bodes Well for the Market
  • Effectiveness of Alcohol based Hand Sanitizers
  • Alcohol-free Hand Sanitizers Step In to Replace Alcohol-based Versions
  • Comparison of Different Parameters for Alcohol-based and Alcohol-free Hand Sanitizers
  • Consistent Increase in Risks and Threats from Hand Hygiene Related Diseases and Infections Drive Healthy Market Growth
  • Exhibit 2: Global Number of Deaths Caused Due to Communicable Diseases (In 000s)
  • Lotion-Based Hand Sanitizers: Combining Sanitizing and Moisturizing Attributes
  • Retail Segment: Dominant Medium for Hand Sanitizers Distribution
  • Online Channel Opens Up A Robust Sales Platform
  • Exhibit 3: Global Sanitizer Sale by Distribution Channel: 2019
  • Issues & Challenges
  • Studies Claim Sanitizers Reduce Body’s Defense against Pathogens
  • Excess Use of Hand Sanitizers Give Rise to Drug-Resistant Bacteria
  • Risk of Poisoning & Flammability in Alcohol-based Sanitizers
  • Dryness: A Major Cause of Concern
  • Risk of Dermatitis due to Alcohol-based Hand Sanitizers
  • Parabens: Health Risks Raise Concerns
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • Market Overview
  • Covid-19 Spikes Demand for Hand Sanitizers
  • Exhibit 4: COVID-19 Total Cases and Deaths in the US: 15-Feb-2020 to 15-Apr-2020
  • Companies Shift Production to Hand Sanitizers to Address Local Demand
  • Breweries and Distilleries Step Up to Push Hand Sanitizer Production
  • Federal Government Offers Support to Escalate Hand Sanitizers Output to Mitigate Spread of COVID-19
  • FDA Guidance for Hand Sanitizers during COVID-19 Crisis
  • TTB Guidance for Hand Sanitizers
  • Impact of CARES Act
  • FDA Grows Focus on Labeling Claims
  • Flu and Other Pandemics Generate Peak Demand for Hand Sanitizers
  • Eco-friendly Products Find Increasing Adoption
  • Back-to-School Season Spell Opportunities
  • CDC and WHO Guidelines Anchor Widespread Adoption of Hand Sanitizers
  • Aging Population: A Significant Demand Booster
  • Exhibit 5: Aging Population in the US (2015 & 2030): 60 Years and Above Population (in Thousands) and Percentage of Population
  • Competition
  • Exhibit 6: Leading Consumer Hand Sanitizer Brands in the US by Value Share: 2019
  • Market Analytics
  • CANADA
  • Market Overview
  • JAPAN
  • CHINA
  • Market Overview
  • Growing Awareness about Hand Hygiene Spurs Sanitizers Sales
  • EUROPE
  • Market Overview
  • Europe Hand Sanitizer Standards
  • Chemical Companies Convert European Manufacturing Facilities to Board Hand Sanitizer Train
  • Fashion and Perfume Entities Step in to Produce Hand Sanitizers
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Asia-Pacific Emerges as a Dynamic Market for Hand Sanitizers
  • AUSTRALIA
  • INDIA
  • Market Overview
  • COVID-19 Outbreak Creates Substantial Demand for Hand Sanitizers in India
  • SOUTH KOREA
  • TAIWAN
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Market Overview
IV. COMPETITION
  • Total Companies Profiled: 101
Note: Product cover images may vary from those shown
Adroll
adroll