About Hand Sanitizer Spray
Hand sanitizer is a liquid generally used to decrease infectious agents on the hands. Improvement in standard of living, the rise in health expenditure and the increase in health awareness have increased the usage of hand sanitizer. The center for disease control and prevention, a federal agency in the U.S., has conducted health promotion, prevention, and preparedness for improving the overall health of the consumer. The support from WHO, FDA towards the need for sanitation have constantly increased the demand for sanitizer
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hand Sanitizer Spray market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Honest Company, Inc. (United States), GOJO Industries, Inc. (United States), Cleenol Group Ltd. (United Kingdom), CleanWell, LLC (United States), EO Products (United States), The Caldrea Company (United States), Jao Brand (United States) and The Clorox Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Elyptol Australia Inc. (Austalia) and Dr. Bronner’s (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hand Sanitizer Spray market by Type (Hypoallergenic, Scented and Unscented), Application (Household and Commercial) and Region.
On the basis of geography, the market of Hand Sanitizer Spray has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural will boost the Hand Sanitizer Spray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Hand Sanitizer Spray market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation in Hand Sanitizer Such As Fragrance and Its Formulation and Growth of E-commerce As Online Retail Sales Channel
Market Growth Drivers:
Rising Concerns over Personal Hygiene and Health Factors
Challenges:
Intense Competition Among the Key Manufacturer
Restraints:
Tax & Regulatory Structure
Opportunities:
Rise in Number of Millennial Population and Rise in Social Media Marketing and Increase in Disposable Income
Market Leaders and their expansionary development strategies
In June 2021, Amyris Inc. is aiming to further its market leadership in the clean health and beauty space with the acquired of hand sanitizer brand, Olika. Amyris is best known for its ownership of skin care brand, Biossance, and baby products line, Pipetteâ. Through the acquisition, Olika will gain access to more clean ingredients and formulation capability as it plans to reinvent additional hygiene and wellness staples.
In April 2020, Starco Brands (STCB), launched consumer brand Breathe has filed a patent on and has commercialized a hand sanitizer spray technology with a 75% alcohol solution. This is a ever continuous spray clean aerosol hand sanitizer that utilizes compressed air, mostly consisting of nitrogen as its propellant, which comprises approximately 80% of the air we breathe.
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 settings.
Key Target Audience
Hand Sanitizer Spray Equipment and Technology Providers, Traders, Importers, and Exporters, Raw Material Suppliers and Distributors, Research and Consulting Firms, Government and Research Organizations and Associations and Industry Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.