North America Hand Sanitizer Market Share, Demand, Top Players, Industry Size, Future Growth By 2030 |
Posted: March 27, 2024 |
The North America hand sanitizer market size stood at USD 1.30 billion in 2022. The market is projected to grow from USD 1.33 billion in 2023 to USD 1.86 billion by 2030, exhibiting a CAGR of 4.9% during the forecast period. Hand sanitizer has emerged as a highly popular and widely adopted trend, driven by the growing emphasis on health and hygiene in the face of increasing infectious disease outbreaks. Its rising popularity can be attributed to its time efficiency, powerful antibacterial properties, convenient portability for travel purposes, and gentle impact on the skin. Segments Wide Dispersion and Efficient Application Sets Gel Segment Apart Rising Demand for Alcohol-based Sanitizers due to Unmatched Effectiveness Vital Role of Hand-Sanitizers in Controlling Disease Dominates Hospital Segment By end-user, the market is divided into schools, restaurants, hospitals, households, office buildings, and others. Hospitals segment is poised to be the prevailing segment, primarily driven by the constant interaction of healthcare professionals, including doctors, nurses, technicians, and others, with patients who are more susceptible to contagious diseases. From the regional ground, the market is segmented into the U.S., Canada, and Mexico. Report Coverage: The report offers:
Drivers and Restraints Smart Dispensers and Portable Sprays Redefine Hand Sanitization Country Insights U.S. Takes the Lead Fueled by Pandemic Impact and Commitment to Stringent Protocols Canada is expected to capture a notable market share, driven by the country's strong emphasis on healthcare.
Large Players Shifting Toward Organic/Natural Sanitizers to Accelerate Product Growth There is an increasing number of manufacturers transitioning toward producing and manufacturing natural/organic-based hand-sanitizers. These products are known for their skin-friendly properties and contain fewer harmful chemicals. This shift toward natural and organic formulations is anticipated to significantly contribute to the North America hand sanitizer market share. Key Industry Development
Major Players Profiled in the Report:
Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/north-america-hand-sanitizer-market-104294
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