Hand Sanitizer Market Share, Growth, Trends & Covid-19 Impact

Posted by pooja on August 4th, 2022

The hand sanitizer market has been estimated to grow at a CAGR of 6.8% during the forecast period from 2020 to 2030. This rapid growth in the hand sanitizer market has been owing to increasing awareness among people related to personal hygiene and sanitation.

In addition to this, the increasing importance of the hand sanitizer market product as an antiseptic solution and its use as the alternative to water and soap is also driving growth impetuses in the industry.

The global hand sanitizer market can be categorized on the basis of distribution channel, product, end-use, and geography. Based on end –use, the market can be segmented into household purpose, schools, restaurants, hospitals, and others.

From regional point of view, the global nutraceutical excipients market covers Latin America, the Middle East and Africa, Asia Pacific, North America, and Europe. Among these regions, North America is expected to dominate the market due to high hygiene standards followed by the population. Asia Pacific is also expected to rise at a significant rate due to increasing awareness about physical health and wellness among the people in the region.