The Growing Demand Of Hand Sanitizers Due To Spread Of COVID-19 Pandemic To Escalate US And Europe Hand Sanitizer Market Growth  

According to our latest market study on “US and Europe Hand Sanitizer Market Forecast to 2027 – COVID-19 Impact and Analysis – by Product Form (Gel Sanitizers, Foam Sanitizers, and Spray Sanitizers), Application (Hospitals, Restaurants, Educational Institutions, Household, and Others),” the market was valued at Euro 3,699.4 million in 2020 and is projected to reach Euro 43,174.2 million by 2027; it is expected to grow at a CAGR of 34.2% from 2021 to 2027.The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Hand sanitizer is mainly used to decrease infectious agents present on the hands and palm. Hand sanitizers are available in the market in different forms including foam, gel, wipes, and spray sanitizers. These hand sanitizers destroy 99.9% of the most common germs and helps to keep hands clean. Hand sanitizers contain various active ingredients. They are generally classified as either alcohol-based or non-alcohol-based products. Isopropyl alcohol, ethanol (ethyl alcohol), or n-propanol are common ingredients in alcohol-based hand sanitizers. Many manufacturers are offering sanitizers with vitamin E, glycerin, and aloe leaf juice which kills most of the common germs and keep hands soft.

The US and Europe hand sanitizer market is anticipated to grow during the forecast period, owing to the growing demand of hand sanitizers due to the spread of COVID-19 pandemic. Hand hygiene is an important part in response to the international emergence of COVID-19. The ongoing pandemic has had the greatest impact in the US and Europe. Due to the outbreak of COVID-19 pandemic, the health specialists from US and Europe have stressed the importance of keeping hands free of germs, either by using soaps or by using hand sanitizers. The pandemic has created a desperate need for many products including hand sanitizers. This pandemic has increased the importance of washing hands and made hand sanitizers a precious commodity in US and European countries. The COVID-19 pandemic has given rise to the way people view their personal hygiene. According to the World Health Organization (WHO), the alcohol-based hand sanitizers are one of the effective ways to limit transmission of COVID-19. There is a growing demand for different hand sanitizers, including foam sanitizers, gel sanitizers, wipes, and spray sanitizers from hotels, restaurants, educational institutions, household consumers, and others. Thus, growing importance of maintaining good hand hygiene due to COVID-19 is positively impacting for the growth of the hand sanitizer market in the US and Europe region.

The key players operating in the US and Europe hand sanitizers market are Henkel AG & Company, KGAA; Unilever; The Himalayan Drug Company; Ecolab; 3M; Godrej Industries Limited; GOJO Industries, Inc.; Procter & Gamble; Reckitt Benckiser Group plc.; S. C. Johnson & Son, Inc.; and among others.

Impact of COVID-19 Pandemic on the US and Europe Hand Sanitizer Market

The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The ongoing pandemic has had the greatest impact on the US and European countries. The US is among the first few countries to report a COVID-19 infection since the start of coronavirus outbreak in China. In initial days, COVID-19 cases were concentrated, particularly in New York, New Jersey, and Massachusetts. This pandemic has created health and an economic crisis in the US. The pandemic has disturbed people's lives, overburdened hospital systems, and caused an economic slowdown. It has created dramatic swings in household spending in the US. The lockdown has resulted in decline in business operational activities. Many European countries turned out to be the most affected by ongoing pandemic with maximum number of cases and deaths being cornered by the region. As COVID-19 pandemic continues to spread across Europe, there are changing levels of restrictions and more focus on testing, social distancing, and vaccination. Overall, there is a positive impact of COVID-19 pandemic on the US and Europe hand sanitizers market as it resulted in an exponential growth in demand for hygiene products including hand sanitizers.

The report includes the segmentation of the US and Europe Hand Sanitizer market as follows:

Based on product form, the US and Europe hand sanitizer market is classified into gel sanitizers, foam sanitizers, and spray sanitizers. Based on application, the US and Europe hand sanitizer market is classified into hospitals, restaurants, educational institutions, household, and others. Based on geography, the US and Europe hand sanitizer market is classified into the US and Europe. Europe region includes countries such as, Germany, the UK, France, and Rest of Europe.

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