Hand Sanitizer Market Report: Sector is Expected to Reach $2.74 Billion in 2027 at a CAGR of 9.10% – MRFR.

Hand Sanitizers Market Overview:

According to MRFR analysis, Hand Sanitizers market is expected to register a CAGR of ~9.10% from 2020 to 2027 and hold a value of over USD 2.74 Billion by 2027. The hand sanitizers market is a segment of the personal care industry that specializes in the production and distribution of hand sanitizing products. Hand sanitizers are used to kill or reduce the number of harmful microorganisms on hands, particularly when soap and water are not readily available. The hand sanitizers market witnessed a wide range of products, including gel-based hand sanitizers, foam-based sanitizers, spray sanitizers, and wipes. Alcohol-based hand sanitizers, particularly those containing at least 60% alcohol, were recommended by health experts for their effectiveness against the virus.

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Top Key Players:

 PAUL HARTMANN AG (Germany), Reckitt Benckiser Group Plc (UK),  GOJO Industries Inc. (US) ,   Unilever Group (UK) ,  Edgewell Personal Care (US) , Smith & Nephew plc (UK) ,   C. Johnson & Son Inc. (US) ,   L Brands (US) , Kimberly-Clark Corporation (US) ,  Procter & Gamble Co. (US)

Market Segmentation:

Hand Sanitizers market has been segmented into Product Type, End User, and Distribution Channel

By Product Type: Gels, Liquids, Sprays

By End User: Households, Commercials/Institutions, Hospitals & Health Centers

By Distribution Channel: Store-Based, Non-Store-Based

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Regional Analysis:

The North American hand sanitizers market is expected to witness significant growth due to the increasing awareness about hand hygiene and the importance of preventing the spread of diseases. The United States and Canada are the major contributors to the market in this region. Key players in this market include Procter & Gamble, Johnson & Johnson, GOJO Industries, and 3M Company.

The European hand sanitizers market is also expected to experience substantial growth, driven by rising health consciousness and stringent regulations related to hand hygiene. Countries such as Germany, France, the United Kingdom, and Italy are the major markets in this region. Key players in Europe’s hand sanitizers market include Reckitt Benckiser Group, Unilever, and Beiersdorf AG.

The Asia Pacific region is anticipated to be a lucrative market for hand sanitizers due to the increasing population, growing urbanization, and rising awareness about personal hygiene. Countries like China, India, Japan, and South Korea are the major contributors to the market in this region. Key players operating in the Asia Pacific hand sanitizers market include 3M Company, Unilever, Procter & Gamble, and Henkel AG & Co. KGaA.

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