United States Hand Sanitizer Industry to 2025 - There Has Been a Surge in Demand Since the Eruption of the COVID-19 Pandemic - ResearchAndMarkets.com

Several scientific studies have revealed horrendous statistics about these infections, which have further boosted the adoption of anti-bacterial and hand disinfectant solutions.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, April 24, 2020
Information
Tags: 
Health, Infectious diseases, Companies, Antiseptics, Health, Hygiene, Disinfectants, Hand sanitizer, RTT, Skin care, Gojo Industries, Reckitt Benckiser, Reckitt and Sons, Unilever
Geotags: 
United States
Summary
Key Points: 
  • Several scientific studies have revealed horrendous statistics about these infections, which have further boosted the adoption of anti-bacterial and hand disinfectant solutions.
  • However, the market has been witnessing a surge in demand for hand sanitizers since the eruption of COVID-19 pandemic.
  • The US hand sanitizer market is currently highly fragmented with many local and international players in the market.
  • 3M, GOJO Industries, P&G, Reckitt Benckiser, Unilever, and Vi-Jon are the key leading vendors in the US hand sanitizer market.


The "Hand Sanitizer Market in US - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The US is the largest market for the hand hygiene wash and sanitization industry in the world. The country has witnessed a variety of public health epidemics since the 2000s - SARs in 2004, H5N1 Avian influenza in 2006, and 2009 outbreaks of swine flu. These outbreaks have driven the demand for hand sanitizers significantly. Several scientific studies have revealed horrendous statistics about these infections, which have further boosted the adoption of anti-bacterial and hand disinfectant solutions. Studies have shown that the spread of diarrhea and gastrointestinal illnesses can be reduced by almost 50% by practicing effective hand hygiene.

This has also propelled the demand for hand sanitizers in the country. However, the market has been witnessing a surge in demand for hand sanitizers since the eruption of COVID-19 pandemic. This peak is likely to continue for the next two years and would start to normalize after 2022. The spread of the virus across the country has resulted in heightened sales for hand sanitizers. Commercial product sales have witnessed a sharp increase in revenue as individuals, educational institutes, companies, and industries ramp up their efforts to ensure safety and hygiene.

The following factors are likely to contribute to the growth of the hand sanitizer market during the forecast period:

  • Rise in Health Consciousness among Consumers
  • Growth in Healthcare-associated Infections
  • Rise in Demand for Flavored and Organic Hand Sanitizers

The study considers the present scenario of the US hand sanitizer market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Insights by Vendors

The US hand sanitizer market is currently highly fragmented with many local and international players in the market. The competition is intense. The rapidly changing technological environment could adversely affect vendors as customers expect continual innovations and upgrades in hand hygiene and sanitization products. 3M, GOJO Industries, P&G, Reckitt Benckiser, Unilever, and Vi-Jon are the key leading vendors in the US hand sanitizer market. The market concentration in the US is high. Vendors are using new business models and focusing on developing the portfolio of their establishments to drive growth. The focus is heavily shifting toward the use of natural ingredients in hand sanitizers.

Key Market Insights

  • The analysis of the US hand sanitizer market provides sizing and growth opportunities for the period 2020-2025.
  • Offers market sizing and growth prospects of the market for the forecast period 2020-2025.
  • Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market.
  • Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
  • Delivers a complete overview of market segments and the regional outlook of the market.
  • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the market.

Market Dynamics

Opportunities & Trends

  • Increasing Influence Of Internet In Shaping End-Users' Purchasing Behavior
  • Growing Demand For Flavored & Organic Hand Sanitizers
  • COVID- 19 Pandemic Pushing Consumer Spending On Health And Hygiene

Growth Enablers

  • Rise In Number Of Healthcare-Associated Infections
  • Growth In Promotional Activities
  • Growing Health Consciousness Among Consumers

Restraints

  • Increased Concerns over Toxicity In Hand Sanitizers
  • Political Turbulences In Key Markets
  • Increasing Labor Cost And Cost Trade-Offs

Key Vendors

  • The 3M Company
  • GOJO Industries
  • Procter & Gamble (P&G)
  • Reckitt Benckiser Group
  • The Unilever Group
  • Vi-Jon

Other Prominent Vendors

  • Bath & Body Works
  • Best Sanitizers
  • BODE Chemie
  • Chattem
  • Cleenol Group
  • Deb Group
  • EcoHydra
  • Ecolab
  • Henkel
  • Kimberly-Clark
  • Christeyns Food Hygiene
  • Kutol Products Company
  • Linkwell
  • Lion Corporation
  • Medline Industries
  • Safetec of America
  • The Himalaya Drug Company
  • Vectair Systems
  • Whiteley Corporation
  • Zoono Group

For more information about this report visit https://www.researchandmarkets.com/r/9xvxgl

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