Report : North America Hand Sanitizer Dispensers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Fixed and Portable) and Modality (Automatic and Manual)
Fixed Segment to dominate North America Hand Sanitizer Dispensers Market during 2020–2028
According to a new market research study on “North America Hand Sanitizer Dispensers Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Modality,” is expected to reach US$ 17.25 million by 2028 from US$ 13.72 million in 2021. The market is estimated to grow at a CAGR of 3.3% from 2021 to 2028. The report provides trends prevailing in the North America hand sanitizer dispensers market along with the drivers and restraints pertaining to the market growth. Growing demand for hand sanitizer dispensers due to ongoing COVID-19 pandemic, entrance of new market players and strategic initiatives undertaken by existing players and raising product innovation are the major factor driving the growth of the North America hand sanitizer dispensers market. However, excessive maintenance cost and low frequency of buying hinder the growth of North America hand sanitizer dispensers market.
North America is one of the worst affected economies due to COVID-19 pandemic. The US has the highest number of confirmed cases of COVID-19, compared to Canada and Mexico. The unprecedented rise in number of COVID-19 cases across the US and Canada and the subsequent lockdown of its numerous manufacturing facilities has negatively influenced the growth of the various markets. The growing focus over health and hygiene along with availability of diverse products have promoted the demand for hand sanitizer in country, thereby, positively influencing the growth of hand sanitizer dispensers. Similarly, the players operating in hand sanitizer dispensers’ market in the country have also been involved in several product innovation to cater to growing demand. For instance, in July 2020, LOC International introduced commercial antibacterial dispensers to cater to surging industry demand.
The North America hand sanitizer dispensers market is segmented on the bases of type, modality, and country. Based on type, the market is bifurcated into fixed and portable. In 2020, fixed segment held the largest share in the market, and portable is expected to be the fastest growing segment during the forecast period. Based on modality, the hand sanitizer dispensers market is bifurcated into automatic and manual. In 2020, the automatic segment held the largest share in the market and is also expected to be the fastest growing segment during the forecast period. Similarly, Based on country, the market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest share in the market and Canada is expected to be the fastest growing country during the forecast period
UMBRA; American specialties.com; Shenzhen Svavo Intelligent Technology co., Ltd; Kingsway Technology; Hokwang Industries co., Ltd; GOJO Industries, Inc.; and Essity AB are among the leading companies in the North America hand sanitizer dispensers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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