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US and Europe Hand Sanitizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Form and Application

US and Europe Hand Sanitizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Form and Application

  • July 2021
  • 149 pages
  • ID: 6134458
  • Format: PDF
  • The Insight Partners

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US and Europe hand sanitizer market was valued at Euro 3,699.4 million in 2020 and is projected to reach Euro 43,174.2 million by 2027; it is expected to grow at a CAGR of 34.2% from 2021 to 2027.

Hand sanitizer is mainly used to decrease infectious agents present on the hands and palm.Hand sanitizers are available in the market in different forms including foam, gel, wipes, and spray sanitizers.

These hand sanitizers destroy 99.9% of the most common germs and helps to keep hands clean. Hand sanitizers contain various active ingredients. They are generally classified as either alcohol-based or non-alcohol-based products. Isopropyl alcohol, ethanol (ethyl alcohol), or n-propanol are common ingredients in alcohol-based hand sanitizers. Many manufacturers are offering sanitizers with vitamin E, glycerin, and aloe leaf juice which kills most of the common germs and keep hands soft.

Based on product form, the US & Europe hand sanitizers market has been divided into three categories.These categories include gel sanitizers, foam sanitizers, and spray sanitizers.

The gel sanitizers segment led the US & Europe hand sanitizers market in 2020.Gel hand sanitizers contain alcohol to kill the germs.

These hand sanitizers are easy to carry and dispense on the go.There is no need of water after the use of gel hand sanitizers.

Many gel hand sanitizers contain vitamin E, glycerin, and aloe leaf juice to keep hands soft. The gel sanitizers are widely being used in hospitals, restaurants, educational institutions, household, shopping malls, and movie theatres, due to the COVID-19 outbreak.

The US and Europe hand sanitizer market is segmented into US and Europe.In 2020, Europe contributed to the largest share in the US and Europe hand sanitizer market.

The growth of the hand sanitizer market is attributed to growing focus towards health and hygiene.The demand for hand sanitizer is expected to grow with the rise in number of COVID-19 positive cases and deaths.

Further, the initiatives taken by government to promote public health is yet another factor propelling the demand for hand sanitizer in the Europe region.

The key players operating in the US and Europe hand sanitizers market are Henkel AG & Company, KGAA; Unilever; The Himalayan Drug Company; Ecolab; 3M; Godrej Industries Limited; GOJO Industries, Inc.; Procter & Gamble; Reckitt Benckiser Group plc.; and S. C. Johnson & Son, Inc.; among others.

The size of overall US and Europe hand sanitizers market has been derived using both primary and secondary source.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the US and Europe hand sanitizers market.

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