Hand Sanitizer Market to Exhibit Significant Incremental Dollar Opportunity

Posted by Steve Sharma on November 1st, 2021

Rising concerns about the coronavirus pandemic have surges the demand for hand sanitizers among the public, hospitals, and other healthcare facilities across the globe. Increasing positive cases of novel Covid-19 and high number of deaths in North America and Europe are also boosting the demand for hand hygiene products in these regions.

As we speak, the U.S. has the highest number of positive cases of patients infected with coronavirus in the world. Thus, the demand for hygiene products in the country is increasing significantly, which is expected to surge the growth of the hand sanitizer market. In addition, companies have also expanded their production capacity of alcohol-based hand sanitizers to help ehnance public health.

On the back of these factors, the global hand sanitizer market is projected to be valued at US$ 1.3 Bn in 2020, and is estimated to reach US$ 3 Bn by the end of 2030, expanding at a CAGR of 7% over the forecast period.

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