NEW YORK, Dec. 17, 2021 /PRNewswire/ —
Hand Sanitizer Market Facts at a Glance-
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Total Pages: 120
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Companies: 10+ – Including 3M Co., Godrej Consumer Products Ltd., GOJO Industries Inc., L Brands Inc., Reckitt Benckiser Group Plc, S. C. Johnson & Son Inc., The Clorox Co., The Procter & Gamble Co., Unilever Group, and Vi-Jon Inc. among others.
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Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape;
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Segments: Product (gel, foam, spray, and wipe), End-user (commercial, residential, and institutional), and Distribution channel (offline and online).
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Geographies: North America (US), Europe (Germany and UK), APAC (China and Japan), South America, and MEA
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According to the recent market study by Technavio, the Hand Sanitizer Market Share in Personal Products Industry is expected to increase by USD 458.83 million from 2020 to 2025, with a decelerating CAGR of 1.02%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
Europe will register the highest growth rate of 41% among the other regions. Germany and the UK are the key markets for hand sanitizers. Moreover, market growth in Europe will be faster than the growth of the market in other regions.
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Vendor Insights-
The hand sanitizer market is fragmented, and the vendors focus on R&D, technology, labor, and branding to compete in the market. They invest significantly in the procurement of high-quality raw materials to develop high-quality products. Vendors also focus on brand building and brand equity to differentiate themselves from their competitors. In July 2020, Godrej Consumer Products Ltd. introduced products such as hand sanitizer sachets, dishwashing liquid, fruit and veggie wash, disinfectant sprays, and face masks.
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Regional Market Outlook
The hand sanitizer market share growth in Europe will be significant during the forecast period. Germany and the UK are the key…
Read More: Hand Sanitizer Market to Record 6.98% Y-O-Y Growth Rate in 2021 | 3M Co.