Selbyville, Delaware According to the research report titled ‘Hand Sanitizer Market Size By Type, By Composition, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026‘, available with Market Study Report LLC, global hand sanitizer market is projected to accrue notable gains over 2020-2026.

Rising incidences of COVID-19 infection, increasing public awareness regarding personal hygiene, and government initiatives to encourage good hygiene are majorly fueling the global hand sanitizer market.

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Further, increasing distribution of hand sanitizer in several healthcare institutes is contributing to the industry growth. However, low effectiveness of the product may hamper the global hand sanitizer market growth in coming years.

With respect to type, global hand sanitizer market share is segmented into gel, liquid, foam, and others. Among these, the gel type segment is expected to witness a slow-paced growth over the forecast timeframe mainly due to high availability of the product across the globe.

In terms of composition, global hand sanitizer industry share is divided into alcohol-based and alcohol-free sanitizer. Among these, the alcohol-free sanitizer segment accounted for 7% of market share in 2019 and is expected to witness substantial gains in coming years owing to its benefits over alcohol-based sanitizers such as no skin irritation.

Based on distribution channel, global hand sanitizer market is classified into retail and online platform. Among these, the retail segment is likely to experience slow growth in coming years, owing to easy accessibility of the product in near-by stores.

In terms of regional stake, the LATAM hand sanitizers market was valued at USD 56 million in 2019 and is anticipated to witness remunerative growth over the forecast period owing to rising prevalence of COVID-19 infection in Brazil and Mexico.

Major players influencing global hand sanitizer market trends are Ecolab, Inc., 3M Company, Kutol Products Company, Inc., Bath & Body Works Direct, Inc., Godrej Group, Deb Group Ltd (S. C. Johnson & Son, Inc.), Reckitt Benckiser Group plc, Unilever, Hartmann Group, GOJO Industries, Inc., PZ Cussons plc, Best Sanitizer, Inc., Certus Medical, Vi-Jon, Inc., The Himalaya Drug Company,  and ITC Limited.

Question & Answer: Global Hand Sanitizer Market

Question 1: What are the key factors driving the growth of global hand sanitizer market?

Answer: Rising incidences of COVID-19 infection, increasing public awareness regarding personal hygiene, and government initiatives to encourage good hygiene are the key factors driving the growth of global hand sanitizer market.

Question 2: Why is LATAM hand sanitizer market witnessing constant expansion?

Answer: Rising prevalence of COVID-19 infection in Brazil and Mexico is fueling the growth of LATAM hand sanitizer market.

Question 3: Which companies formulate the competitive landscape of global hand sanitizer market?

Answer: Ecolab, Inc., 3M Company, Kutol Products Company, Inc., Bath & Body Works Direct, Inc., Godrej Group, Deb Group Ltd (S. C. Johnson & Son, Inc.), Reckitt Benckiser Group plc, Unilever, Hartmann Group, GOJO Industries, Inc., PZ Cussons plc, Best Sanitizer, Inc., Certus Medical, Vi-Jon, Inc., The Himalaya Drug Company, and ITC Limited are the major companies in global hand sanitizer market.

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