Authored By: Sarah
16 Aug 2024

Hand Sanitizer Market 2024-2028: Size and Presence of counterfeit products; growth driven by the Product, Some of key Companies Positioned Strategically

The hand sanitizer market size by Product (Gel, Foam, Spray, and Wipe), End-user (Commercial, Residential, and Institutional), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 1660.5 million. The market is expected to grow at a CAGR of   3.31% between 2024 and 2028.

  • The hand sanitizer market has experienced significant growth and heightened demand, making it an attractive target for counterfeiters. In developing regions, these illicit manufacturers produce substandard hand sanitizers using low-quality raw materials, posing potential health risks. E-commerce platforms have facilitated the distribution and sale of these counterfeit products, often making it challenging for consumers to distinguish them from authentic ones. Regulatory authorities worldwide seize counterfeit hand sanitizers annually. The affordability of counterfeit products relative to genuine ones contributes to their demand in the market.
  • The Hand Sanitizer Market represents a significant business opportunity due to the increasing awareness and importance of hygiene and infection prevention. This market is driven by factors such as the ongoing COVID-19 pandemic, the growth of the healthcare industry, and the increasing demand for convenient and effective hygiene solutions. Key players in this market include Purell, Dabur, Gojo Industries, and Clorox, among others. These companies leverage advanced technologies and innovative formulations to meet the evolving needs of consumers and businesses. The market is expected to grow at a robust rate in the coming years, offering substantial revenue potential for investors and businesses.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • 3M Co.
  • Arbro Pharmaceuticals Pvt. Ltd.
  • Arrow Solutions
  • Dow Chemical Co.
  • Earth Mama Angel Baby LLC
  • EO Products
  • Godrej Consumer Products Ltd.
  • GOJO Industries Inc.
  • ITC Ltd.
  • Kiilto Family Group
  • Neogen Corp.
  • Petra Co.
  • Reckitt Benckiser Group Plc
  • S.C. Johnson and Son Inc.
  • Skinvisible Pharmaceuticals Inc.
  • The Clorox Co.
  • The Procter and Gamble Co.
  • TOUCHLAND LLC
  • Unilever PLC
  • Vi Jon LLC

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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