Just in time for World Hand Hygiene Day on May 5, a new report has revealed that the global hand sanitizer market is set to grow at a compound annual growth rate of 8.59 per cent for the next five years.
The report from Research and Markets said increasing awareness of health and hygiene among consumers is one of the primary factors that has caused the expansion of the market for these products since 2017. This boom is predicted to continue into 2022.
“The awareness regarding the importance of health and hygiene among the consumers across the world has increased exponentially, primarily among consumers in developed countries such as the US, the UK, Germany, and others,” the report reads. “The leading vendors and marketers in these countries constantly focus on digital marketing and promotional activities to spread the awareness of personal hygiene and hand sanitizer products. Moreover, various regulatory bodies are motivating the use of hand sanitizers among the consumers.”
The emerging use of hand sanitizer through touch-free dispenser is one of the key trends in the hand sanitizer market. Hand sanitizer has an edge over soap and water as they can clean hands which are not ‘visibly’ dirty. The touch-free hand sanitizers are becoming the state-of-the-art among all industries which can be extensively used to prevent the spread of unwanted germs. These touch-free sanitizers are being used across the commercial sector in office spaces, hospitals, and hotels.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.