Hand sanitizer market to grow at 3.4% CAGR; Product innovation and portfolio extension leading to product premiumization will drive growth – Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ —

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In 2017, the hand sanitizer market was valued at USD 7,865.75 million. From a regional perspective, Europe is projected to contribute 32% to the global market share, and it is valued at USD 2,140.27 million in 2017. The hand sanitizer market size is estimated to grow by USD 1,656.28 million from 2022 to 2027 at a CAGR of 3.4% according to Technavio.

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Hand sanitizer market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

Hand sanitizer market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

Hand sanitizer marketMarket Dynamics

Major Drivers – 

KEY Challenges – 

The hand sanitizer market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this hand sanitizer market report?

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Hand Sanitizer Market Scope

Accelerate at a CAGR of 3.4%

North America, Europe, APAC, South America, and Middle East and Africa

US, China, Japan, Germany, and UK

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Arbro Pharmaceuticals Pvt. Ltd., Arrow Solutions, Dow Inc., Earth Mama Angel Baby LLC, EO Products, Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Kiilto Oy, Neogen Corp., Petra Co., Reckitt Benckiser Group PLC, S.C. Johnson and Son Inc., Skinvisible Pharmaceuticals Inc., The Clorox Co., The Procter and Gamble Co., TOUCHLAND LLC, Unilever PLC, and Vi Jon LLC

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Market Segmentation by Distribution Channel

9 Customer Landscape

10 Geographic Landscape

11 Drivers, Challenges, and Trends

12 Vendor Landscape

13 Vendor Analysis

14 Appendix

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SOURCE Technavio