Valley Cottage, NY -- (SBWire) -- 07/24/2018 --Hand sanitizers are nowadays used as an alternative to washing hands using soap and water. Hand sanitizers are highly recommended because of their effectiveness in killing germs and microorganisms. The active component in the hand sanitizers is alcohol. The alcohol based sanitizers account to the largest market share in the global hand sanitizers market. But because of the high alcohol content these hand rubs are placed in the flammable liquid categories which in turn questions the safety and effectiveness. The hand sanitizers find extensive use in the hospitals and food service providers where the hand hygiene is of high importance. The hand sanitizer market is expected to witness double digit growth in the forecast period.
Hand sanitizer market: Drivers and restraints
The hand sanitizers market is expected to be driven by the introduction of the new skin safe and sustainable products. The increasing awareness among the consumers about the significance of hand hygiene for the prevention from contagious diseases through promotional campaigns and the media coverage is anticipated to fuel the hand sanitizer market. The innovations in the hand sanitizers such as new formulations with the fragrances is proving to be a new trend in the global hand sanitizer market. The changing lifestyle of the people with embracement of westernization in the habits is expected to be a major reason for the rise in the hand sanitizer market in the developing countries. But the health risks associated with the hand sanitizers due to their chemical ingredients is expected to restrain the hand sanitizer market.
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Hand sanitizer market: Segmentation
The hand sanitizer market can be segmented based on product types as:
Foam hand sanitizer
Gel hand sanitizer
Sanitizing hand wipes
Liquid hand sanitizer
Spray hand sanitizer
The hand sanitizer market can be segmented based on sales channel as:
Supermarket
Drug stores
Retailers
Online sales
Grocery stores
The hand sanitizer market can be segmented based on end use as:
Hospitals
Schools
Corporate segments
Restaurants
Military
Household purpose
Others (hotels, shopping plaza, etc.)
The use of hand sanitizers in hospitals accounts for the largest share in the global hand sanitizers market. Hand sanitizers are used by physicians, patients and also the staff and visitors to prevent the spreading of contagious diseases.
Hand sanitizer market: Region wise outlook
The global hand sanitizer market can be broadly classified based on geography into seven key segments as North America, Latin America, Western Europe, Eastern Europe, Asia – Pacific, Japan, Middle – East and Africa. Out of all these segments, North America has the highest market share followed by Europe. Asia pacific is expected to witness rapid growth in the hand sanitizer market because of the rising awareness about the hand hygiene. The dominant players in the hand sanitizer market are focussing on the expansion of their capacity in developing countries, hence adding on to growth in hand sanitizer market.
Hand sanitizer market: Key market players
Some of the key players identified in the hand sanitizer market are:
The Procter and Gamble company
Gojo industry Inc.
Reckitt benckiser group Plc.
Best sanitizers Inc.
The Himalaya drug company
Henkel corporation
Unilever
Kutol products company
Linkwell corporation
Vi-Jon Laboratories, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
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Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Hand Sanitizer Market: Global Industry Analysis and Opportunity Assessment 2015-2025