The hand sanitizer spray market size was valued at $160.2 million in 2018 and is expected to reach $310.3 million by 2026, registering a CAGR of 8.7% from 2019 to 2026. The global hand sanitizer spray market is segmented on the basis of nature, distribution channel, and region. By nature, it is classified into natural, synthetic, and organic. By distribution channel the market is divided into online and offline.
Hands are the major source of transmission of bacteria, pathogens, and viruses that cause diseases such as food-borne illness and nosocomial infection. To prevent any such occurrences, consumers are focused toward hygienic health products, such as hand sanitizers, thereby drives the demand for hand sanitizers that effectively eradicate microorganisms. According to the WHO, around 420,000 deaths are reported each year, out of which, approximately 125,000 children under the age of five die due to food-borne illness. Hence, consumer inclination toward health & wellness fuels the demand for hand sanitizers, which is expected to accelerate the growth of the market.
Hand sanitizers are effective in eradicating bacteria, pathogens, and viruses that cause various diseases such as food-borne illness, nosocomial infection, diarrhea, intestinal problems, respiratory problems. However, hand sanitizers contain various chemicals, such as phthalates & parabens, benzalkonium chloride (BAC), ethyl alcohol, and urea , whichcause several health issues. For instance, presence of BAC can cause allergies/immunotoxicity and organ system toxicity; ethyl alcohol can cause cancer, birth defects, and organ system toxicity; and urea may lead to joint pain and heart irregularities. Thus, health hazards associated with hand sanitizers are expected to hamper the market growth.
Rise in number of users on various social media sites with the rise in internet penetration is aiding key players to promote their products and services on these social media platforms, which, in turn, helps them increase their sales. Social media marketing is one of the major strategies adopted by various companies and industries to impart awareness about their product offerings among customers on social media channels. Thus, through social media marketing, global hand sanitizer spray market gains critical opportunities to increase its traction globally.
Key players profiled in the report include The Honest Company, Inc., GOJO Industries, Inc., Cleenol Group Ltd, CleanWell, LLC, EO Products, The Caldrea Company, Jao Brand, The Clorox Company, Hello Bello, Elyptol Australia Inc., Dr. Bronner’s and other such.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Nature
By Distribution channel
By Region
Hand sanitizers are effective in eradicating bacteria, pathogens, and viruses that cause various diseases such as food-borne illness, nosocomial infection, diarrhea, intestinal problems, respiratory problems. However, hand sanitizers contain various chemicals, such as phthalates & parabens, benzalkonium chloride (BAC), ethyl alcohol, and urea , whichcause several health issues. For instance, presence of BAC can cause allergies/immunotoxicity and organ system toxicity; ethyl alcohol can cause cancer, birth defects, and organ system toxicity; and urea may lead to joint pain and heart irregularities. Thus, health hazards associated with hand sanitizers are expected to hamper the market growth.
Rise in number of users on various social media sites with the rise in internet penetration is aiding key players to promote their products and services on these social media platforms, which, in turn, helps them increase their sales. Social media marketing is one of the major strategies adopted by various companies and industries to impart awareness about their product offerings among customers on social media channels. Thus, through social media marketing, global hand sanitizer spray market gains critical opportunities to increase its traction globally.
Key players profiled in the report include The Honest Company, Inc., GOJO Industries, Inc., Cleenol Group Ltd, CleanWell, LLC, EO Products, The Caldrea Company, Jao Brand, The Clorox Company, Hello Bello, Elyptol Australia Inc., Dr. Bronner’s and other such.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and opportunities in the global hand sanitizer spray market.
- The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Nature
- Natural
- Synthetic
- Organic
By Distribution channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Hand Sanitizer Spray Market, By Nature
Chapter 5: Hand Sanitizer Spray Market, By Distribution Channel
Chapter 6: Hand Sanitizer Spray Market, By Region
Chapter 7: Company Profiles
Executive Summary
According to the report titled, 'Global Hand Sanitizer Spray Market by Nature and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the hand sanitizer spray market size was valued at $160.2 million in 2018 and is expected to reach $310.3 million by 2026, registering a CAGR of 8.7% from 2019 to 2026. In 2018, North America accounted for nearly 34.1% share in the global hand sanitizer spray market.The global personal hygiene market was valued at US$76.5 billion in 2017. The rise in adoption of healthy lifestyle, surge in demand for hygienic products, and rise in number of health-conscious consumers are some of the key reasons behind the overall growth of the market, in terms of value sales. The increase in preference for different types of hygienic products among target customers, has eventually triggered the demand for hand sanitizer sprays as well.
Hand sanitizer sprays act as an effective alternative to hand soaps, which help in disinfecting hands. Alcohol based hand sanitizer sprays are widely used as they effectively eradicate micro-organisms. Rise in health expenditure, increase in awareness about hand hygiene, and support from organizations such as WHO, FDA, and others toward the need for sanitation propels the demand for hand sanitizer sprays in the global market. Hand sanitizer sprays have always been a mandate product among customers who are very conscious about their health and cleanliness.
Over the past couple of years, there has been a surge in demand for natural cosmetic and hygienic products. The rise in awareness about the importance of natural products and the health benefits associated with its use is one of the influential factors behind the rise in demand for natural hygienic products. Taking in account consumer preference toward natural products, some of the key hand sanitizer spray manufacturers have been strategizing on coming up with sanitizers infused with natural ingredients. For instance, Honest consider its hand sanitizer spray products to be natural processed with ingredients such as Aloe Barbadensis Leaf Juice, Calendula Officinalis Flower Extract, Citrus Limon (Lemon) Peel Oil, and Virginiana Oil. Hence inclusion of natural ingredients is one of the influential hand sanitizer spray market trends.
Taking in account the burgeon demand for hand sanitizer products, some of the local key retailers in North America have also come up with hand sanitizer products under their own brand. For instance, CVS Pharmacy, one of the key medical retailers in the U.S., have been provides its hand sanitizer spray products under its own brand name. Thus, the availability of private label products trigger hand sanitizer spray market growth.
The global Hand Sanitizer Spray market analysis is segmented on the basis of nature, distribution channel, and region. On the basis of nature, it is classified into organic, natural, and synthetic. By distribution channel, it is divided into hypermarket/supermarket, specialty store, and online store. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, the UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, the UAE, and rest of LAMEA).
Key Findings of the Study
In 2018, on the basis of nature, the synthetic segment accounted for the higher market share.
In 2018, on the basis of distribution channel, the offline segment accounted for the highest hand sanitizer spray market share.
In 2018, region wise, North America accounted for a prominent hand sanitizer spray market share.
Key players profiled in the hand sanitizer spray industry include the Honest Company, Inc., GOJO Industries, Inc., Cleenol Group Ltd, CleanWell, LLC, EO Products, The Caldrea Company, Jao Brand, The Clorox Company, Hello Bello, Elyptol Australia Inc., and Dr. Bronner’s.
Companies Mentioned
- Honest Company Inc.
- GOJO Industries Inc.
- Cleenol Group Ltd
- CleanWell LLC
- EO Products
- The Caldrea Company
- Jao Brand
- The Clorox Company
- Hello Bello
- Elyptol Australia Inc.
- Dr. Bronner’s.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 245 |
| Published | January 2020 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 160.2 million |
| Forecasted Market Value ( USD | $ 310.3 million |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
