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Impact Analysis of COVID-19 over Global Hand Sanitizer Market: Price, Demand & Supply Gap, Opportunity, Investment, and Competitive Analysis

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Impact Analysis of COVID-19 over Global Hand Sanitizer Market: Price, Demand & Supply Gap, Opportunity, Investment, and Competitive Analysis

March 30
15:57 2020
Impact Analysis of COVID-19 over Global Hand Sanitizer Market: Price, Demand & Supply Gap, Opportunity, Investment, and Competitive Analysis
Hand Sanitizer Market By Type (Alcoholic (Chlorine, Iodine), Quaternary Ammonia, and Triclosan) by Form (Foam sanitizers, Gel sanitizers, Wipes, Spray sanitizers and Others (Liquid, etc.), By Distribution Channel (Departmental Stores, Online Stores, Pharmacies/Drug Stores and Others (retail stores, grocery stores, etc.)), By End Use (Hospitals, Restaurants, Educational Institutions, Household , Shopping Malls, Movie Theatres and Others (Corporates, Government & Military, etc.))-COVID-19 ADJUSTED

Hand sanitizer is a solvent used to sanitize hands and minimize the presence of infectious agents on the hands. It is easy and handy to use and efficient for hand hygiene—an important part of personal hygiene— and available in the market in the form of form, gels and oils.

The global hand sanitizer market is witnessing a substantial growth in present scenario owing to shift in consumer preference towards convenient hygiene products. The global marketplace is witnessing high demand of health and wellness products that include sanitizers, floor cleaning products and other cleaning products that compress the impact of infectious diseases such as COVID-19—a global pandemic witnessed by almost all countries—and others. The outbreak of COVID-19, which is generally referred as coronavirus in the year 2020 has largely boosted the sale of hand sanitizers worldwide. Increasing awareness related to hand hygiene is witnessing a positive influence to restrain the nosocomial infections.

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Segmentation Overview of the Global Hand Sanitizers Market

The Global Hand Sanitizers Market is segmented on the basis of Type, Form and Distribution Channel. These market segments are sub-segmented into various segments to study the market in detail.

The Type Segment of the Global Hand-Sanitizer Market is Sub-Segmented into:

  • Alcoholic
    • Chlorine
    • Iodine
    • Quaternary Ammonia
    • Triclosan

The Form Segment of the Global Hand-Sanitizer Market is Sub-Segmented into:

  • Foam Sanitizers
  • Gel Sanitizers
  • Wipes
  • Spray Sanitizers
  • Others

The Distribution Channel Segment of the Global Hand-Sanitizer Market is Sub-Segmented into:

  • Departmental Stores
  • Online Stores
  • Pharmacies/Drug Stores
  • Others

Geographical Overview of the Global Hand Sanitizer Market

On the basis of geographical segmentation, the global hand sanitizers market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, currently, the Asia Pacific region accounted as the major shareholder in the global market owing to increasing concerns of regional population towards health and hygiene practices due to sudden occurrence of pandemic disease in the form of COVID-19 globally is impacting the demand of hand sanitizers in the region. The regional share dominance is due to large-scale population base of some major countries such as India and China. Moreover, the product availability on various distribution channels is also a crucial growth factor that boost the regional market growth during the forecast period. On the other hand, the North America region accounted to hold the significant market share in the global market, owing to significant shareholding of the U.S. in the global market due to awareness among consumers considering usage of hygiene products and personal care products.  Although COVID-19 pandemic impacts the global hand sanitizer market and the demand is expected to decline moderately for the mid-term, owing to the properties provided by the product and ease of usage.  

Key Players Insights

Dial Corporation, Medline Industries, Inc., Kimberly-Clark Corporation., Henkel Group, Deb Group Ltd., Best Sanitizers, Inc., Bath & Body Works, LLC, Kutol Products Company, GOJO Industries, Chattem Inc., Purell, Reckitt Benckiser Group, Henkel corporation, 3M Company, Best Sanitizers Inc., Unilever Plc, the Himalaya Drug Company and some other prominent players are included in the research study of the global hand sanitizer market.

Companies are offering a wide range of hand sanitizers in the form of oil-based, foam-based and gel-based. Also, presence of large number of market players and easy penetration of market players in the marketplace are making the global marketplace highly competitive.

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