The global hand sanitizer market size was valued at USD 2.85 billion in 2022 and is expected to be worth USD 3.01 billion in 2023. The market is projected to reach USD 3.80 billion by 2030, recording a CAGR of 3.8% during the forecast period.
Hand sanitizers refer to anti-infection skincare products that protect the hands from disease-causing bacteria and viruses. As more people are becoming aware of the benefits of maintaining a good personal hygiene routine, the demand for hand sanitizers is projected to grow across the world. This will positively impact the hand sanitizer market growth.
Fortune Business Insights™ displays this information in a report titled, "Hand Sanitizer Market, 2023-2030."
List of Key Players Profiled in the Hand Sanitizer Market Report:
Report Coverage:
The report analyzes the market in detail and highlights crucial areas such as prominent companies, product types, forms, leading end-users, and distribution channels. The report also delivers insights into the latest market trends and covers top industry developments. Besides the factors mentioned above, the report informs readers on the industry’s competitive landscape and the factors that have contributed to the market’s growth in recent years.
Drivers and Restraints:
Rising Government Support to Promote Hygiene Products will Augment Market Progress
Governments across the world are launching various initiatives and programs to promote the significance of personal hygiene and cleanliness, thereby generating robust demand for personal care items. Moreover, doctors and healthcare professionals are increasingly recommending various tips to maintain a good hygiene routine, which will further propel the market growth.
However, rising availability of alternative products may hinder the market’s development.