Hand Sanitizer Market Size Is Set To Reach USD 5.08 Billion by 2024

Posted on 2018-11-29 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Nov-29 — /EPR Network/ —According to Goldstein Research, growing demand for organic hand sanitizers within mass consumers and growth of hospitals and significant consumption of hand sanitizers will propel the growth of hand sanitizer market growth. It is also observed that family who uses hand sanitizers are at low risk of gastrointestinal and respiratory infections. Global hand sanitizers market outlook also includes new product developments, capital investment, and marketing strategy as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. Based on applications, hospitals dominated the global hand sanitizer industry with more than two-fifths share in 2016.

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Market Segmentation

On the basis of our in-depth analysis, global hand sanitizer market can be segmented as follows:

By Product Type

Gel
Foam
Spray
Liquid
Wipes

By Distribution Channel

Offline Distribution Channel
Department Stores
Supermarkets and Hyper Markets
Convenience Stores
Drug Stores
Online Distribution Channel

By End-User

Restaurants
Schools
Hospitals
Household Purpose
Corporates
Military

By Geography

North America
Europe
Middle East and Africa
Latin America
Asia Pacific

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“Global Hand sanitizer Market Outlook 2024” contains detailed overview of the global hand sanitizer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product, by end users and by distribution channel.

Further, for the in-depth analysis, Global Hand Sanitizer Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market industry report also includes competitive outlook of some of the major players profiling of companies such as Procter & Gamble Co., Reckitt Benckiser Group plc, SC Johnson & Son, Inc., Deb Group, Skinvisible, Inc. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global hand sanitizer market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Global hand sanitizers market is further bifurcated in various segments with separate market analysis mentioned below:

OTC Consumer Health Product Market

Consumers are increasingly in charge of their decisions as they begin to recognize the better outcomes that come with it, they pay more out-of-pocket, and they have a number of options fueled by innovation in the industry. OTC consumer health product market size is set to reach USD 129.64 billion by 2025, at a CAGR of 3.1% over the forecast years.

Convenience Store Market

Convenience stores are the fastest growing segment among all the retail stores and since 2014 the count of convenience stores has increased by 25.0% in 2016. he convenient size of the store and increasing availability of the product line along with the gasoline, beverage and food, the convenience store market is expected to grow at a CAGR of 0.28% and it is set to reach USD 48.1 billion in 2024.

Retail Clinics & In-Store Healthcare Market

Retail clinics & in-store healthcare market size is set to reach USD 10.25 billion by 2024, at a CAGR of 21.1% over the forecast years. In 2016, total U.S. retail clinic sales are estimated at more than USD 1.25 billion, an increase of 21.4% per year from USD 1.03 billion in 2015.

Global Skincare Products Market

The skin care products are used for different skin related concerns, skin beautification and treatments. Skin care products market size is set to reach USD 189.82 billion by 2024, growing at a CAGR of 5.90% over the forecast period.

UAE Personal Care Products Market

Personal care product market growth is majorly driven by young and aspirational population and who is significantly investing in grooming, to get attractive appearance and to maintain their health in the process. UAE personal care products market to expand at a CAGR of 5.3% during the forecast period 2017-2025.

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