Report : US Hand Sanitizer Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Type (Alcoholic, Quaternary Ammonia, Triclosan); Product form (Foam Sanitizers, Gel Sanitizers, Wipes, Spray sanitizers); Application (Hospitals, Restaurants, Educational Institutions, Household, and Others); Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, Others)
Growing awareness regarding maintaining health and hygieneto drive hand sanitizermarket in US at CAGR of 31.9% during 2019–2027
According to our latest market study on “US Hand Sanitizer Market Forecast to 2027– Covid-19 Impact and Analysis- By Type (Alcoholic, Quaternary Ammonia, Triclosan); Product form (Foam Sanitizers, Gel Sanitizers, Wipes, Spray sanitizers); Application (Hospitals, Restaurants, Educational Institutions, Household, and Others); Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, Others),”the US hand sanitizer market was valued at US$ 628.10 Mn in 2018 and is projected to reach US$ 14,492.73 Mn by 2027; it is expected to grow at a CAGR of 31.9% during the forecast period.The report highlightskey factors driving the market growth, and prominent players and their prominent developmentsin the market.
Hand sanitizer is a liquid that is used to disinfect hands and palm, and it kills 99.9% of most common germs. Different forms of hand sanitizers available in the market, including foam sanitizers, gel sanitizers, wipes, and spray sanitizers. Both the alcohol-based and nonalcoholic hand sanitizers are offered by most of the market players. Some of the manufacturers are offering foam sanitizers mixed with gel sanitizers that contain vitamin E and shea extracts, which kills most of the common germs, retaining the softness of skin. The gel-based hand sanitizers with alcohol content kill most common germs that may cause illness. Gel sanitizers have wider applications in hospitals, restaurants, educational institutions, household, shopping malls, movie theatres, and others. Hand sanitizing wipes are also known as antibacterial wipes, which are meant to kill 99% of germs, and most of these wipes contain alcohol.
Based on type, the hand sanitizer market in the US is segmented into alcoholic, quaternary ammonia, and triclosan. In 2018, the alcoholic hand sanitizers held the largest share of 65.9% of the market. Formulations of the alcohol-based hand sanitizers are comparatively used to sanitize hands with soap and water in most cases in the healthcare setting. Alcohol-based hand sanitizers typically contain certain combination of isopropyl alcohol, ethanol (ethyl alcohol), or n-propanol. Products that contain from 60% to 95% alcohol are most effective. The alcohol-based hand sanitizers are on the list of the essential medicines list of the World Health Organization as the safest and most effective medicine needed to protect the spread of germs.
The US hand sanitizer market is concentrated with a few well-established players such asHenkel AG & Company, KGAA, Unilever, The Himalayan Drug Company, Ecolab, 3M, Godrej Industries Limited, GOJO Industries, Inc., Procter & Gamble, Reckitt Benckiser Group plc., and S. C. Johnson & Son, Inc.
The report segmentsthe US hand sanitizermarket as follows:
US Hand Sanitizer Market – By Type
US Hand Sanitizer Market – By Product Form
US Hand Sanitizer Market – By Application
US Hand Sanitizer Market – By Distribution Channel
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