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Hand Sanitizer Market, Industry Size, Trends Forecast 2026 |Fortune Business Insights™

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Kunal Aditya
Hand Sanitizer Market, Industry Size, Trends Forecast 2026 |Fortune Business Insights™

The global hand sanitizer market size is projected to reach USD 1.96 billion by 2026, exhibiting a CAGR of 6.2% during the forecast period. Rising preference for alcohol-based sanitizers around the world will emerge as a strong growth driver for this market, enumerates Fortune Business Insights™ in its recent report, titled “Hand Sanitizer Market Size, Share & Industry Analysis, By Product Form (Foam, Gel, and Liquid), Type (Alcohol-based and Alcohol-free), Distribution Channel (Pharmacy Stores, Supermarkets/Hypermarkets, Online Retail Channels, and Others), End-User (Schools, Restaurants, Hospitals, Household Purpose, and Others), and Regional Forecast, 2019-2026”. According to the Centers for Disease Control and Prevention (CDC), these sanitizers having alcohol content between 60% and 69% are highly effective in killing all kinds of germs compared to alcohol-free sanitizers. In addition to this, the Food and Drug Administration (FDA) has found that alcohol-based sanitizers are able to fight the spread of flu-like infections due to their superior germ-killing capacity. Moreover, there is a growing demand for natural ingredients-based hand sanitizers, which has spurred many companies to create products infused with Aloe Vera and tea. As a result, new avenues of expansion have been opened up for this market.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

Information source: https://www.fortunebusinessinsights.com/hand-sanitizer-market-102710

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