Global Hand Sanitizers Market Report 2021: COVID-19 Impact Analysis, Growth and Forecast to 2030 – ResearchAndMarkets.com | Business

0

DUBLIN – (BUSINESS WIRE) – Dec. 9 2021–

The global hand sanitizer market is expected to grow from $ 2.59 billion in 2020 to $ 2.45 billion in 2021 at a compound annual growth rate (CAGR) of -5.4%. The market is expected to reach $ 5.12 billion in 2025 at a CAGR of 20%.

The major players in the hand sanitizers market are Reckitt Benckiser Group, The Himalaya Drug Company, Procter and Gamble, Gojo Industry Inc., Henkel Corporation, Unilever, Vi-Jon Laboratories Inc., Chattem Inc., Best Sanitizers Inc. and Kutol Products Company.

The hand sanitizer market includes the sales of sanitizers and their related services. Disinfectants are substances or liquids used to clean objects in order to remove harmful microorganisms, including bacteria, and are based on toxic chemicals such as iodine, chlorine, phenol and compounds of quaternary ammonium.

They are products that combine disinfectant and detergent and are used to remove dirt, reduce or kill bacteria and dissolve surface grease to at least 99.9%. Disinfectants used in many places including airports, hotels and restaurants, hospitals and other places for cleaning and protects against contamination.

The Disinfectants market covered in this report is segmented by Type into Quaternary Ammonium Based, Alcohol Based, Tridosan Based, Others, and Gel, Foam, Liquid, Others.

The health risks associated with occupational exposure to chemicals used in the manufacture of disinfectants are expected to limit the growth of the disinfectants market. According to Reuters health news on chemical disinfectants and disinfectants linked to thyroid cancer, workers exposed to chemicals or biocides used in the production of disinfectants, disinfectants and deodorants are likely to diagnose a risk of 65% higher thyroid cancer. Thus, the occupational risk of chemical exposure during the production of chemical-based disinfectants is expected to restrain the development of the disinfectants market during the forecast period.

The coronavirus outbreak is a major driver of the disinfectants market growth during the period. Hygiene is an important part of being safe from coronavirus protection and for staying healthy. Therefore, the demand for disinfectants has increased significantly after the COVID-19 outbreak around the world, since the virus outbreak in China, as the disinfectants are effective against the coronavirus.

The Center for Disease Control (CDC) recommends the use of alcohol-based hand sanitizers containing more than 60% ethanol or 70% isopropanol, as the preferred form of hand hygiene in healthcare settings . According to the United States Food & Drug Administration, more than 1,500 additional manufacturers have registered with the agency to meet growing demand for hand sanitizers. Therefore, the COVID-19 epidemic coupled with growing hygiene concerns is expected to increase the demand for disinfectants in the year 2020 and in the years to come.

Expanding production capacities and reorganizing businesses to meet the growing demand for hand sanitizers is a major trend shaping the sanitizer industry. For example, in March 2020, Bell International Laboratories, a manufacturer of vertically integrated cosmetics, announced the expansion of its production of alcohol-based hand sanitizers (gels and sprays) and is expected to produce 22 million units in April.

Additionally, companies such as Radio Khaitan and Bacardi, makers of alcoholic beverages, have become producers of disinfectants amid the COVID-19 outbreak. This step was taken for business contributions during the coronavirus pandemic to meet the growing demand for hand sanitizers for health and hygiene. Hence, the increase in production capacity and companies that enter into the production of hand sanitizers is a key trend for the growth of the sanitizers market.

2. Characteristics of the disinfectants market

3. Disinfectant Market Trends and Strategies

4. Impact of COVID-19 on disinfectants

5. Size and growth of the disinfectants market

5.1. Historical Global Disinfectants Market, 2015-2020, in USD Billion

5.1.1. Market pilots

5.1.2. Market restrictions

5.2. Global Disinfectants Forecast Market, 2020-2025F, 2030F, in USD Billion

5.2.1. Market pilots

5.2.2. Market restrictions

6. Segmentation of the disinfectant market

6.1. Global disinfectants market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Quaternary ammonium based compounds
  • Alcohol based
  • Based on tridosan
  • Others

6.2. Global Disinfectants Market, Product Segmentation, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

6.3. Global Disinfectants Market, Distribution Channel Segmentation, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

  • Online shop
  • Pharmacy
  • Big store
  • Others

6.4. Global disinfectants market, segmentation by end use, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Hospitals
  • Restaurants
  • Schools
  • Purpose of the household
  • Others

7. Regional and national analysis of the disinfectants market

7.1. Global disinfectants market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

7.2. Global disinfectants market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, in billions of dollars

  • Reckitt Benckiser Group
  • The Himalaya Pharmaceutical Company
  • Procter and Gamble
  • Gojo Industry Inc.
  • Henkel Company
  • Unilever
  • Vi-Jon Laboratories inc.
  • Chattem inc.
  • Best disinfectants inc.
  • Kutol products company
  • Skinvisible Inc.
  • Nice-Pak Products Inc.
  • Lion corporation
  • Medline Industries Inc.

Laura Wood, Senior Press Director

For EST office hours, call 1-917-300-0470

For USA / CAN call toll free 1-800-526-8630

For GMT office hours, call + 353-1-416-8900

INDUSTRY KEYWORD: GENERAL HEALTH MANUFACTURING OF CHEMICALS / PLASTICS FOR HEALTH

SOURCE: Research and markets

Copyright Business Wire 2021.

PUB: 12/09/2021 06:54 / DISC: 12/09/2021 06:54

Copyright Business Wire 2021.

Share.

Comments are closed.