The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

**1. Rapid Surge in Hand Sanitizers Market

The hand sanitizers market has experienced a remarkable surge in recent years, escalating from $4.04 billion in 2023 to an estimated $4.45 billion in 2024, showcasing a substantial compound annual growth rate (CAGR) of 10.2%. This upward trajectory in the historic period owes its momentum to infectious disease outbreaks, healthcare settings, the food industry, and a heightened sense of public awareness.

**2. Anticipating Swift Growth Ahead

The forecast for the hand sanitizers market presents a robust outlook, with expectations to burgeon to $7.11 billion in 2028, reflecting a commendable CAGR of 12.4%. The anticipated growth in the forecast period is attributed to ongoing health concerns, consumer hygiene practices, the dynamics of travel and hospitality, and an increasing preference for green and sustainable products. Key trends expected to shape the market include antimicrobial resistance (AMR), customized hand sanitizers, touchless dispensing, and a surge in natural and organic hand sanitizers.

**3. The COVID-19 Pandemic Catalyst

The outbreak of COVID-19 acted as a significant catalyst, propelling the hand sanitizer market to unprecedented heights. Hygiene, a critical aspect of staying safe from the virus, became a global priority, resulting in a substantial surge in the demand for hand sanitizers. The Centers for Disease Control (CDC) emphasized the use of alcohol-based hand sanitizers, triggering a surge in registrations from manufacturers to meet the heightened demand.

• Example: The U.S. Food and Drug Administration reported over 1,500 additional manufacturers registering to meet increased hand sanitizer demand.

Read The Full Hand Sanitizers Market Report Here:

https://www.thebusinessresearchcompany.com/report/hand-sanitizers-global-market-report

**4. Key Players Paving the Way

Major players steering the hand sanitizers market include renowned entities such as Reckitt Benckiser Group, Procter and Gamble, Unilever, and Ecolab Inc. These industry giants play a pivotal role in shaping market dynamics and responding to the evolving needs of consumers.

**5. Eco-Friendly and Organic Hand Sanitizers

The demand for eco-friendly and organic hand sanitizers is on the rise, compelling major companies to introduce sustainable alternatives. Cleancult, a U.S.-based sustainable cleaning products company, launched a foaming hand sanitizer in March 2021. Formulated with non-toxic ingredients, this sanitizer effectively eliminates germs, emphasizing the industry’s commitment to sustainability.

• Example: Cleancult’s Foaming Hand Sanitizer uses Benzalkonium Chloride (BKC) and is suitable for both adults and children.

**6. Strategic Acquisition: Amyris Inc. and Olika Inc.

In August 2021, Amyris Inc., a biotechnology company, acquired Olika Inc., showcasing a strategic move to expand its consumer brand portfolio. Olika Inc., specializing in sustainable hand sanitizers, offered Amyris an opportunity to diversify its retail presence, leverage influencer marketing expertise, and drive revenue growth.

• Example: Amyris Inc. acquired Olika Inc., a personal care products company specializing in sustainable hand sanitizers.

**7. Market Segmentation Insights

The hand sanitizers market is intricately segmented based on types such as quaternary ammonium compounds based, alcohol-based, tridosan-based, and others. Product variations encompass gel, foam, liquid, and other formats. The distribution channels span online stores, pharmacy stores, departmental stores, and others, while end-users include hospitals, restaurants, schools, households, and more.

**8. Asia-Pacific’s Dominance

In 2023, Asia-Pacific emerged as the dominant force in the hand sanitizers market, underscoring its strategic importance in shaping market trends. The region’s robust presence is a testament to the dynamic activities within agriculture, healthcare, and public awareness.

Top of Form

Get A Free Sample OnThe Global Hand Sanitizers Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=3119&type=smp

The Hand Sanitizers Global Market Report 2024 provides an overviewof the hand sanitizers market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The hand sanitizers market forecast analyzeshand sanitizersmarket size, hand sanitizers market share,leading competitor and their market positions.

The Table Of Content For The Hand Sanitizers Market Include:
1. Hand Sanitizers Market Executive Summary
2. Hand Sanitizers Market Segments
3. Hand Sanitizers Market Size AndHand Sanitizers Market Growth Rate
4. Key Hand Sanitizers Market Trends
5. Major Hand Sanitizers Market Drivers
……
25. Key Mergers And Acquisitions In The Hand Sanitizers Market
26. Top Hand Sanitizers Companies
27. Hand Sanitizers Market Opportunities And Strategies
28. Hand Sanitizers Market, Conclusions And Recommendations
29. Appendix

Explore Similar Reports FromThe Business Research Company:

Hand Dryers Global Market Report 2024

Antibacterial Products Global Market Report 2024

Hand Sanitizer Dispenser Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company:https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: