Significant COVID-19 Impact on Germ Expert and Hand Sanitizer in Healthcare Indu

Posted by Rajesh on April 15th, 2021

COVID-19 Impact on Germ Expert and Hand Sanitizer in Healthcare Industry

INTRODUCTION

Germ expert and hand sanitizer industry is one of the fastest growing industries due to the outbreak of coronavirus globally. The demand of sanitizers and prices has shown different behavior due to the requirement and change in the supply scenario. The hand sanitizers have become the new synonym for the hand hygiene and have been made mandatory to be used in order to maintain the hygiene of an individual in the ongoing pandemic situations. The governments have seized the borders and have imposed large scales quarantines and social distancing measures in order to minimize the spread of the virus any further. Hand sanitizers with alcohol content price more beneficial in killing of bacteria and viruses when compared to the normal ones. Usually the alcohol content found in hand sanitizers is about 60%-63% which in the pandemic situations increased to 99% in order to protect the individuals from the harmful COVID-19 virus.

The substandard products of maintaining hand hygiene has raised safety concerns among the individuals with the manufacturers working on hand sanitization approaches and new products development to be available in the market. The outbreak has also triggered the “pandemic pantries” situation which generally refers to the spikes of stockpiling emergency supplies and pharmacy products over the globe. As per many researchers, the demand of hand sanitizers has skyrocketed by 300% in the last week of February 2020 and 470% by first week of March 2020 which is quite a sound percentage rise in ratio when compared with the previous year data at the similar time periods. There have also been reports regarding the shortage of hand sanitizers in many of the supermarkets/hypermarkets as well as in hospitals and pharmacies. Such conditions are being met by the government of each country by increasing the production rates in its hand sanitizer production facilities.

IMPACT OF GERM EXPERT AND HAND SANITIZER INDUSTRY

As the demand of sanitizers is surging around the globe due to the coronavirus spread, the retailers along with the ration supplies and online vendors are on the verge to hike the prices of hand sanitizer products. Read in detail