Hand Sanitizers Market to Reach About US$ 3.56 Billion by 2030

Hand Sanitizers Market Overview

“The Hand Sanitizers Market is estimated to increase at a CAGR of 6.3% from $ 1.76 Billion in 2023 to $ 3.56 Billion by 2030.”

Hand sanitizer is a liquid, gel, or foam used to destroy viruses, bacteria, and microorganisms on the hands. It is less efficient than hand washing in killing pathogens like norovirus and Clostridium difficile, and cannot physically remove hazardous chemicals. It is often wiped off before drying, and some are less efficient due to low alcohol concentrations.

Hand sanitizers contain isopropanol and ethanol, which denature proteins and remove lipid-based coverings of viruses and bacteria. Emollients and other compounds are added to shield the skin from alcohol drying, neutralize polyacrylate acid, and improve the product's aroma and appearance. Water acts as a carrier, and alcohol-free alternatives with glycerine, thickening agents, and disinfectants are now available. Humectants keep hands moist and avoid stripping skin's natural oils.

Hand sanitizers are chemicals used to disinfect hands, replacing soap and water, to prevent the spread of illnesses and pollution.

Hand sanitizer sales have surged in recent years due to increased consumer awareness of cleanliness's importance in preventing the spread of hazardous illnesses.

The FDA has approved the use of active components in hand sanitizers, including ethyl alcohol, against COVID-19 and SARS-CoV-2 viruses, which is expected to boost market growth.

Hospital-acquired illnesses and increased patient admissions are expected to drive the hand sanitizer market ahead. Alcohol-based disinfectants hold the largest global market share due to their efficacy against various viruses and bacteria. Hand sanitizers are crucial in hospitals due to strict rules and quality standards, making them essential for maintaining hygiene.

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“Growth factors are essential factors that contribute to the growth and development of an organization.”

Automatic hand sanitizer machines are becoming more prevalent in various settings such as hospitals, public spaces, and shopping malls.

The text does not provide any information on future opportunities.

Automatic hand sanitizer dispensers are becoming increasingly popular in commercial and industrial settings, prompting some manufacturers to establish 24-hour manufacturing lines.

“The article discusses the potential for Hinder Hand Sanitizer sales to increase.”

The availability of alternative products is a barrier to market growth.

The worldwide hand sanitizer market is brimming with hand soaps, hand disinfectants, disinfectant wipes, liquid soaps, and other items. These items are alternatives to hand sanitizers, and some are less expensive than hand sanitizers, reducing the growth of the hand sanitizer industry.

Despite the fact that hand sanitizer has been proven to destroy germs, its usage may have unforeseen repercussions. Hand sanitizer overuse can cause dry, cracked skin, as well as redness, discoloration, and flaking. If it is ingested or goes into your eyes, it is dangerous.

“The study explores the potential of hand sanitizer adoption in the hospitality industry to drive development opportunities.”

The commercial sector is promoting the use of hand sanitizers in hotels and food service establishments to ensure food safety and cleanliness. This is driven by legislation and rules, which prohibit the use of viruses and germs. The demand for hand sanitizers is increasing in luxury hotels and other establishments due to increased pressure to improve their image through sanitary services. Food processing facilities must also maintain hygiene, as failure to do so may result in business license termination. The increasing pressure on the private sector to follow government-mandated rules is expected to drive up demand for hand sanitizers, impacting the hand sanitizer market growth in the near future.

Hand Sanitizers Market Segment Analysis

by Product

In 2022, the gel-based hand sanitizer category dominated the market with 45.3%. Its high spread ability and ease of product availability will continue to drive demand in the future. Gel sanitizers were particularly popular during the coronavirus pandemic, particularly in North America, Europe, and Asia Pacific, due to their high availability and accessibility.

The focus has been shifted towards improving hand hygiene.

The coronavirus pandemic has significantly impacted consumer behavior, leading to increased personal hygiene, particularly hand cleanliness. With 43 million infected globally, 6.5 million active cases, and 0.59 million fatalities, the United States, France, Russia, and the UK are among the worst-affected countries. As a result, customers are increasingly concerned about hand hygiene as a preventive measure against the virus. The World Health Organization, the Centers for Disease Control and Prevention, and doctors worldwide endorse the use of hand sanitizers.

Competitive Landscape of the Hand Sanitizers Market Analysis

• 3M
• GOJO Industries, Inc.
• Reckitt Benckiser Group PLC
• Colgate-Palmolive Company
• Unilever

New Developments

Breaking News, Dial Corporation's commitment to sustainability will be fulfilled in 2022 with the introduction of its new invention, Concentrated Refills, as well as partnerships with sustainability leaders such as the Plastic Bank Recycling Corporation, TerraCycle, Inc., and Solidaridad.

By the end of 2022, Dial plans to make the majority of its Liquid Hand Soap Refills and Dial Foaming Hand Soap Refills with Social Plastic from Plastic Bank, which is repurposed plastic feedstock with environmental, social, and economic benefits.

Breaking News, December 2022: Spectricept Care+ Hands, a hand sanitizer that will be listed on the Hand Hygiene and Associated Products and Services Tender within the non-alcohol-based hand disinfectant lot, will be available starting in May 2023, according to an official letter of intent from NHS Supply Chain obtained by SpectrumX, a UK-based healthcare and pharmaceutical company.

Breaking News, Cleancut has announced the launch of their first-ever foamy hand sanitizer in March 2021. The fragrance-free product is an FDA-approved plant-derived disinfectant.

Regional Analysis

Largest Market-> North America

Fastest Growing Market-> Asia Pacific

“The hand sanitizer market in the United Kingdom is experiencing significant growth and development.”

The hand sanitizer market is dominated by UK-based companies offering gel-based, sprays, foam-based, and wipes. The European market is dominated by the UK due to its preference for personal care and hygiene products. The COVID-19 pandemic has increased demand for alcohol-based sanitizers, leading to a supply deficit due to panic buying and hoarding practices.

“Japan's strong market for hand sanitizers is largely due to its diverse population and high disposable income.”

The Japanese hand sanitizer market, valued at USD 96.8 million in 2022, is expected to reach USD 154.705 million by 2030, growing at a 4.89% CAGR. The government is emphasizing the importance of proper hand hygiene among healthcare workers to prevent healthcare-related diseases. Sanitizers help keep hands clean, leading to an increasing demand for them in Japan, indicating a significant growth in the market.

Segments Covered in the Hand Sanitizers Market Report

By Product Type

• Foaming Hand Sanitizers
• Foaming Instant Hand Sanitize
• Instant Hand Sanitizer Gel
• Spray Hand Sanitizer

By Content

• Alcohol Based
• Non-Alcohol Based

By Active Ingredient

• Ethanol or Ethyl Alcohol
• Benzalkonium Chloride
• Isopropyl

By Region

• North America
• Europe
• East Asia
• South Asia and ASEAN
• Middle East and Africa

Frequently Asked Questions

What is the expected growth rate of the Hand Sanitizers market over the next 7 years?

Hand Sanitizers Market is estimated to increase at a CAGR of 6.3% from $ 1.76 Billion in 2023 to $ 3.56 Billion by 2030. | Report 2023 by published by Market Report Service

Who are the major players in the Hand Sanitizers market and what is their market share?

3M, GOJO Industries, Inc., Reckitt Benckiser Group PLC, Colgate-Palmolive Company, Unilever, are prominent players operating and dominating in the market.

Who are the top 3 Hand Sanitizers Market Key Vendors?

3M, GOJO Industries, Inc., Reckitt Benckiser Group PLC, are key players in the Hand Sanitizers market.

Which geographical areas dominate the worldwide market for Hand Sanitizers?

North America region are emerging as the top regional markets for Hand Sanitizers solutions.