Report ID: SQMIG30L2121
Report ID:
SQMIG30L2121 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
95 |
Figures:
76
The Global Hand Sanitizer Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the North American region is projected to hold the most substantial share in the market. The regional market is likely to be driven by the majority of the population in the region's growing concern for health and hygiene. The market in the region is growing due to increasing product availability and increased penetration of both online and offline channels. There is biggest penetration of several types of hand sanitizers, such as gel based, foam based, spray, and wipes, is shown in this region, which has a larger number of market players. Furthermore, the US controls the industry, with customers preferring to spend more on personal care and hygiene items.
Furthermore, the Asia-Pacific region is also likely to hold a significant share in the market during the forecast period. The regional growth of the market is attributed to the increased awareness about hygiene among consumers. As a result, a variety of new and unique personal care and hygiene products are available on the market, with a focus on user convenience. The growing dominance of online shopping in the region has changed market growth and is projected to stimulate demand for hand sanitizers in the upcoming years. For an instance, online retailers like as Amazon, Flipkart, Grofers, and other providers sell a variety of hand hygiene items.
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REQUEST FREE CUSTOMIZATIONHand Sanitizer Market size was valued at USD 6.02 billion in 2019 and is poised to grow from USD 6.43 billion in 2023 to USD 11.62 billion by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).
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Report ID: SQMIG30L2121