Market Introduction
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.
Market Overview and Dynamics
Us and Europe hand sanitizer 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 US is one of the biggest markets for the hand sanitizers in the world. This COVID-19 pandemic has increased the demand for hand sanitizers in the US and Europe. There is rising awareness about the importance of safe and effective hygiene practices. This pandemic has made hand sanitizers a precious commodity in the US and Europe. The growing demand for hand sanitizers and other personal hygiene products has created more opportunities for hygiene product manufacturers. There is growing number of health-conscious people in countries like the UK, Germany, and France, which is one of the essential factors driving the demand for hand sanitizers in Europe. The use of hand sanitizers in hospitals, restaurants, educational institutions, household, shopping malls, movie theatres, and others has increased due to COVID-19 outbreak. The various initiatives from government to increase the production and supply of hand sanitizers has also supported for the growth of the market. The demand for hand sanitizers is expected to be long term as regular hand washing and sanitizing becomes a part of normal life to fight against the COVID-19 virus.
Key Market Segments
Based on product form, gel sanitizers segment accounted for the largest share of the US & Europe hand sanitizer market in 2020. Based on application, hospitals segment accounted for the largest share of the US & Europe hand sanitizer market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the report on the US & Europe hand sanitizer market are company websites, annual reports, financial reports, national government documents, and statistical database. 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.; and S. C. Johnson & Son, Inc.; among others.
Reasons to Buy Report
US and Europe Hand Sanitizer Market
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2020 | Euro 3,699.4 Million |
| Market Size by 2027 | Euro 43,174.2 Million |
| CAGR (2021 - 2027) | 34.2% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2027 |
| Segments Covered |
By Product Form
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The List of Companies - US and Europe Hand Sanitizer Market
The US and Europe Hand Sanitizer Market is valued at Euro 3,699.4 Million in 2020, it is projected to reach Euro 43,174.2 Million by 2027.
As per our report US and Europe Hand Sanitizer Market, the market size is valued at Euro 3,699.4 Million in 2020, projecting it to reach Euro 43,174.2 Million by 2027. This translates to a CAGR of approximately 34.2% during the forecast period.
The US and Europe Hand Sanitizer Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the US and Europe Hand Sanitizer Market report:
The US and Europe Hand Sanitizer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The US and Europe Hand Sanitizer Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the US and Europe Hand Sanitizer Market value chain can benefit from the information contained in a comprehensive market report.
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