Global Hand Hygiene Products Market Share 2020: Size, Analysis and Forecast-2027


Posted June 22, 2021 by Vaibhavwa_mrfr21

MarketResearchFuture Presents “Hand Hygiene Products Market Share Research Report –Global Forecast to 2027” New Document to its Studies Database

 
Market Scenario

Global Hand Hygiene Products Market Share in 2018 was valued at approximately USD 6.8 Billion in 2018 and is anticipated to record a CAGR of 6.4% from 2019 to 2025. The demand for hand hygiene products is increasing owing to the rising awareness among consumers for health and wellness. An increasing number of highly infectious diseases such as Ebola, H1N1 as well as COVID-19 and many others have resulted in creating consciousness regarding advantages of health hygiene aspects. The outbreak of a global pandemic such as COVID-19 has created a significant demand for hand hygiene products. Global manufactures of hand hygiene products are ramping up their production capacities to meet these demands. Additionally, many distillers and brewers around the globe are venturing into the production of Hand Hygiene Products Market Share such as hand sanitizers to meet the exponential demand. Hand hygiene products include soaps, hand washes, hand sanitizers, and many more. Hand wash and hand sanitizers are more prevalent in the market owing to their easy application and ease of convenience. Their effectiveness and quick response in killing harmful bacteria and microorganisms have resulted in increasing their popularity

Market Drivers

The Rising Number of Global Pandemics such as COVID-19, Ebola, Cholera, and Many Others: An increasing number of global pandemics such as COVID-19 has been one of the key growth drivers for hand hygiene products across the globe. The advent of such global pandemics has helped in creating awareness regarding the benefits of hand hygiene. Additionally, the outburst of such global pandemics is also anticipated to boost the awareness level thereby resulting in the growth of the global Hand Hygiene Products Market Share.

Increasing Disposable Income of Consumers

Effective Marketing Strategies

Growth of the Organized Retail Sector in Developing Countries

The Advent of E-commerce Platforms

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Key Players

Reckitt Benckiser Group Plc (UK)

Unilever Group (UK)

Smith & Nephew plc (UK)

3M (US)

Procter & Gamble Co. (US)

Johnson & Son, Inc. (US)

Whiteley Corporation (Australia)

GOJO Industries, Inc. (US)

Kimberly-Clark Corporation (US)

Medline Industries, Inc

Regional Analysis

North America: North American region is anticipated to create lucrative growth opportunities for the Hand Hygiene Products Market Share. With the presence of some of the key global players of hand hygiene products, the region is anticipated to have significant growth opportunities through new and innovative product launches in the near future.

Europe: Europe has dominated the global Hand Hygiene Products Market Share. Rising health issues due to lack of proper hand hygiene is one of the major factors that has propelled the demand for hand hygiene products in the European region. Additionally, major European manufacturers of health and hygiene products such as Reckitt Benckiser Group Plc, Smith & Nephew plc, Unilever Group, and many more are creating awareness regarding the health benefits of hand hygiene. These companies are partnering with the World Health Organization and running different campaigns to increase the adoption of hand hygiene practices.

Asia-Pacific: The Asia-Pacific market is relatively new compared to North America and Europe. The region is anticipated to create lucrative opportunities in the next couple of years. The increasing number of emerging economies, growing purchasing capacity, as well as increasing awareness by many government and non-government agencies regarding the health benefits of hand hygiene are anticipated to augment the growth of the Hand Hygiene Products Market Share in the Asia-Pacific region.

Rest of the World: The rest of the world includes South America and the Middle East & Africa. The region boasts some of the world’s emerging economies. Rising disposable income and increasing awareness related to the benefits of proper hand hygiene are expected to create lucrative growth opportunities for manufacturers of Hand Hygiene Products Market Share in the region.

Segmental Analysis

By Product Type

By End-Use

By Distribution Channel

Based on Distribution Channel,

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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Country India
Categories Retail
Tags Hand Hygiene Products Market Share
Last Updated June 22, 2021