Hand and Equipment Sanitizer Market size exceeded USD 2.5 in 2020 and is poised to grow at a CAGR of over -18% between 2020 and 2028.This COVID-19 pandemic has significantly impacted consumer behavior to take more preventive measures regarding personal hygiene, especially hand hygiene.
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Hand and Equipment Sanitizer Market: Major Disruptions Sited with New Organic Variants Foraying into the Market
Global hand and equipment sanitizers accounted for a market size of USD 2.5 billion in the year 2019 and is projected to grow at a CAGR of more than 18% over the forecast period. Hand and equipment sanitizer market is likely to remain on a stellar growth journey owing to rising focus on hygiene maintenance and healthcare delivery. Growing sensitization and awareness generation schemes rightfully amplify these growth opportunities. These factors are also coupled with massive technological intervention that are underway to meet end-user needs and comply with safety standards and industry specifications. A new report by Adroit Market Research takes a detailed tour of prevalent market conditions and their subsequent implications towards growth progression and sustenance, amidst rising competition in the healthcare and hygiene industry.
Hand and equipment sanitizers have been witnessing massive adoption over the last few decades and with pandemic outrage, the trend of hoarding continues to disrupt supply and demand equilibrium. Besides production and distribution challenges, volatility in pricing also pose tangible hiccups, interfering with normal growth patterns. This research report therefore is designed to enable a cynical approach in understanding current market status and ploy competent marketing tactics to overturn existing challenges and revive growth in global hand and equipment sanitizer market in the forthcoming years.
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Chemical Company Forays into the Market, Mass Produces a Million Sanitizer Bottles in a Month
With ongoing pandemic crisis, several new market participants are seeking seamless market penetration, disrupting competition. In this regard, leading chemical company, INEOS had made startling entry into hand and equipment sanitizer competition spectrum with the commitment to mass produce over a million hand sanitizer bottles in 30 days. The company has unveiled new range of hand and equipment sanitizers adhering strictly to WHO protocols and are targeted for killing bacteria and virus.
Other additional breakthroughs identified in hand and equipment sanitizer market is the emergence of bio-based, herbal and organic hand sanitizers with extracts of real fruits, herbs and essential oils to offset the challenges of dryness and itchiness besides other skin reactions posed by frequent use of chemical sanitizers.
Equipment sanitizers improves the quality and shelf life of finished goods in the complete Ecolab system of products and service. It’s easy to prepare the sanitizing solution by mixing x amount of equipment sanitizer with x gallons of water to provide x ppm available chlorine by weight. At nearly 100 ppm equipment sanitizers act as an effective sanitizer against vibrio cholerae, Listeria monocytogenes, Staphylococcus aureus, Salmonella typhi and Escherichia coli. If the solution contains chlorine that is less than 50 ppm, then either discard the solution or add enough product to restore the required PPM residue as specified in a suitable test kit.
In terms of geography, the market is segregated into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Key players include Reckitt Benckiser Group plc, Procter and Gamble, The Himalaya Drug Company, GOJO Industries, Inc., Henkel AG and Company, Unilever, Vi-Jon, Chattem, Inc., Best Sanitizers, Inc., Kutol
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Key segments across hand and equipment sanitizers market
Product Overview, 2019 – 2028 (USD Billion)
- Gel
- Foam
- Liquid
- Others
Distribution Overview, 2019 – 2028 (USD Billion)
- Hypermarket & Supermarket
- Specialty Store
- Drug Store
Regional Overview, 2019 – 2028 (USD Billion)
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Rest of Europe
- Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- Central & South America
o Brazil
o Rest of South America
- Middle East & Africa
Some Major Points From Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Hand Sanitizer Market Variables, Trends & Scope
Chapter 4. Consumer Behaviour Analysis
Chapter 5. Hand Sanitizer Market: Product Estimates & Trend Analysis
Chapter 6. Hand Sanitizer Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Hand Sanitizer Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Analysis
Chapter 9. Company Profiles
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