According to Goldstein Research, global hand sanitizer market is expected to reach USD 5.08 billion by 2024, growing at a CAGR of 11.70% over the forecast period 2016-2024. The rise in consumer awareness is inducing the demand for hand sanitizers across the public places and even at residential, which is thus driving the growth of the market. Global hand sanitizer market segmentation has been done on the basis of product type, distribution channel, end-user and geography. Hospitals segment accounted for largest market share, acquired 62.0% in 2016 on account of maintaining high level of hygiene. Over the years, application of hand sanitizer has increased in public places such as hotels and restaurants. Global hand sanitizer market is largely dominated by North America on the back of aggressive health and hygiene campaigns and the high awareness among the people. APAC region is expected to be the opportunistic market backed by the increasing awareness and personal disposable income of the people, especially since the outburst of epidemic diseases such as Ebola and H1N1.
Market Segmentation
On the basis of our in-depth analysis, Global Hand Sanitizer Market can be segmented as follows:
By Product Type
o Gel
o Foam
o Spray
o Liquid
o Wipes
By Distribution Channel
o Offline Distribution Channel
§ Department Stores
§ Supermarkets and Hyper Markets
§ Convenience Stores
§ Drug Stores
o Online Distribution Channel
By End-User
o Restaurants
o Schools
o Hospitals
o Household Purpose
o Corporates
o Military
By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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“Global Hand Sanitizer Market Outlook 2024” contains detailed overview of the global hand sanitizer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, distribution channel and end-user.
Further, for the in-depth analysis, Global Hand Sanitizer Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as 3M Company, Best Sanitizers, Inc., Byotrol plc, Chattem, Inc., GOJO Industries, Inc., Henkel AG & Co. KGaA, The Dial Corporation, Lion Corporation, Medline Industries, Inc., Nice-Pak Products, Inc., Procter & Gamble Co., Reckitt Benckiser Group plc, SC Johnson & Son, Inc., Deb Group, Skinvisible, Inc., The Clorox Company, Unilever plc, Vi-Jon Laboratories, Inc., Zep, Inc., The Himalaya drug company, Kutol products company, Linkwell corporation, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global hand sanitizer market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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