The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

the growth of the sanitizer market during the period are expected to drive innovation in hand sanitizers manufacturing, thus driving the market during the forecast period.

The global hand sanitizers market is expected to grow from $3.66 billion in 2022 to $4.02 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The global hand sanitizers market size is expected to grow from $6.16 billion in 2027 at a CAGR of 11.3%.

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Global Hand Sanitizers Market Segments Include:

• By Type: Quartenary Ammonium Compounds Based, Alcohol Based, Tridosan Based, Other Types
• By Product: Gel, Foam, Liquid, Other Products
• By Distribution Channel: Online Store, Pharmacy Store, Departmental Store, Other Distribution Channels
• By End User: Hospitals, Restaurants, Schools, Household Purpose, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global hand sanitizers market in 2021.

Major Market Players in the hand sanitizers market include Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation.

The expansion of production capacities and the revamping of companies to meet the higher demand for hand sanitizers is a major trend shaping the sanitizer industry. For instance, in March 2020, Bell International Laboratories, a vertically-integrated cosmetics manufacturer, announced the expansion of their production of alcohol-based hand sanitizers (gels and sprays) and is expected to produce 22 million units in April. Moreover, companies such as Radio Khaitan and Bacardi, manufacturers of alcoholic drinks, have turned into sanitant producers amid the COVID-19 outbreak. This step was taken for companies’ contributions during the coronavirus pandemic to meet the increasing demand for hand sanitizers for health and hygiene. Therefore, increasing production capacities and companies entering into the production of hand sanitizers is a key trend for the sanitizer market’s growth.

The Hand Sanitizers Global Market Report 2023  provides a hand sanitizers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hand sanitizers market forecast analyzes hand sanitizers market size, hand sanitizers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Hand sanitizers refer to substances or liquids used for cleaning objects to get rid of harmful microorganisms, including bacteria. These are products that combine disinfectant and detergent and are used to remove dirt, reduce or kill bacteria, and dissolve grease from the surface by at least 99.9%.

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