FDA has undertaken the active ingredients used in a variety of over the counter antiseptic rubs and wash products. FDA ensures the safety and effectiveness of health care as these products are an important component of infection control strategies in the healthcare setting. In September 2016, FDA banned 19 ingredients from antibacterial soap and washes including two suspected endocrine disruptors linked to reproductive and developmental harm.

According to the report, Innovation R&D for Raw Material and Attracting Packaging Material is one of the primary growth factors for the market. Cleans Hand with Instant Use killing Bacteria, Fungi and Viruses is also expected to contribute significantly to the Hand Soap market. Overall, Medical applications of Hand Soap, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Supermarkets and Hypermarkets, is boosting the Hand Soap market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Hand Soap market identified that the demand is rising in many different parts of the world as "Potential Growth from Emerging Countries". Furthermore, some recent industry insights like "In July 2023, The brand's latest innovation and launch in the hand soap category meets consumer demand for a formula made without parabens, sulfates and dyes in packaging that supports the brands recently announced ESG commitments and spans all hand soaps in the assortment." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Hand Soap market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hand Soap market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Hand Soap market size is calculated using market estimation process, the Hand Soap market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hand Soap market size has been validated using both top-down and bottom-up approaches.