Hand Hygiene Products Market to Grow with a CAGR of 7.10% through 2028
Rising
hygiene concerns, change in lifestyle, increasing adoption of health-conscious
way of living is likely to boost the growth of the hand hygiene products market
size during the forecast period.
According
to the TechSci Research report, “Global
Hand Hygiene Products Market– Global Industry Size, Share, Trends, Competition,
Opportunity, and Forecast, 2018-2028F”. The market for global hand hygiene
products has witnessed significant growth and transformation in recent years,
driven by a heightened global awareness of the importance of maintaining proper
hand hygiene to prevent the spread of infections and diseases. The ongoing
COVID-19 pandemic has further accelerated the demand for hand hygiene products,
making them an essential part of everyday life across the globe. From
traditional hand sanitizers to innovative touchless dispensing systems, the
market has evolved to cater to diverse consumer needs and preferences.
Hand
hygiene products encompass a wide range of items designed to cleanse and
disinfect hands, promoting public health and reducing the transmission of
pathogens. These products include hand sanitizers, hand soaps, hand wipes, and
more. The market's growth is fueled by various factors, including rising health
consciousness, increased public education, stringent regulations, and the
adoption of advanced technologies. The COVID-19 pandemic has undeniably acted
as a catalyst for the hand hygiene market's expansion. Governments, health
organizations, and businesses worldwide have emphasized the importance of
frequent hand washing and sanitizing to curb the virus's spread. As a result,
there has been a surge in demand for hand sanitizers with high alcohol content,
which are proven to be effective against a wide range of pathogens, including
viruses.
In
response to this demand, the hand hygiene market has witnessed innovation in
product formulations and packaging. Hand sanitizers are now available in
various forms, including gels, foams, sprays, and wipes. Manufacturers are also
introducing products with moisturizing agents to counter the drying effects of
frequent hand sanitization. Moreover, the market has seen a rise in touchless
dispensing systems, reducing the risk of cross-contamination in public spaces. The
market's competitive landscape is characterized by the presence of both
established players and new entrants. Well-known brands such as Purell, Dettol,
and Bath & Body Works have dominated the market for years. However, the
pandemic has paved the way for smaller companies to enter the market, offering
unique formulations and packaging. E-commerce platforms have played a crucial
role in facilitating the reach of these new entrants to a global audience.
Geographically,
the market for hand hygiene products displays variations in demand and
adoption. Developed regions such as North America and Europe have traditionally
demonstrated higher awareness and usage of hand hygiene products. In contrast,
emerging economies in Asia-Pacific, Latin America, and Africa are now
witnessing rapid growth due to increasing disposable income, urbanization, and
heightened health concerns.
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Moreover,
government initiatives and regulations have further contributed to the market's
expansion. Health agencies and regulatory bodies worldwide have provided
guidelines for hand hygiene practices in various settings, including healthcare
facilities, schools, and public spaces. These guidelines have pushed businesses
and institutions to adopt and promote proper hand hygiene, subsequently driving
demand for relevant products. The hand hygiene products market is expected to
maintain its growth trajectory. While the acute demand triggered by the
pandemic may normalize as vaccination efforts progress, the fundamental
awareness of hand hygiene's significance is likely to remain. The market's
evolution will likely involve continuous innovation in product formulations,
packaging, and distribution methods to cater to changing consumer preferences
and needs.
The
global Hand Hygiene products market is segmented based on product type, end use,
sales channel, and region.
Based
on product type, the hand hygiene products market type, includes soaps, hand
wash, hand sanitizers, lotion & creams and others. The hand sanitizers
segment dominated the market, accounting for 45% of market revenue. Sales are
being driven by customers' increasing awareness of the necessity for sanitizer
and its superior effectiveness over regular soaps. Additionally, the market is
growing as a result of efforts made by the World Health Organisation (WHO) and
Food and Drug Administration (FDA) to raise awareness of the importance of good
hand hygiene and the dangerous diseases it is linked to, as well as product
innovations by the major players like the inclusion of organic ingredients and
calming fragrances.
Key
market players operating in the global hand hygiene products market include:
- Reckitt Benckiser Group Plc
- Unilever Group
- Smith & Nephew plc
- 3M
- Johnson & Son, Inc.
- Whiteley Corporation
- GOJO Industries, Inc.
- Kimberly-Clark Corporation
- Medline Industries, Inc
- Procter & Gamble Co.
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“The
global hand hygiene products market has experienced remarkable growth in recent
times, fueled by the global emphasis on health and safety, particularly during
the COVID-19 pandemic. This trend is expected to persist, driven by ongoing
health concerns, regulatory support, and evolving consumer behaviors. As
hygiene practices become ingrained in daily routines, the hand hygiene products
market will continue to play a pivotal role in maintaining public health and
preventing the spread of infections which in turn expanding the market of hand
hygiene products globally during the forecasted period.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Hand
Hygiene Products Market– Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028F Segmented By Product Type (Soaps,
Hand Wash, Hand Sanitizers, Lotion & Creams and Others), By End Use
(Residential, Educational Institutions, Hotels & Restaurants, Hospitals
& Health Centers, Corporate Offices and Others), By Sales Channel
(Supermarkets & Hypermarkets, Pharmacies/Drug Stores, Convenience Stores,
Online and Others), By Region,
By Competition Forecast & Opportunities, 2018-2028F,
has evaluated the future growth potential of the global hand hygiene products market
globally and provides statistics and information on market structure, size,
share, and future growth. The report provides cutting-edge market intelligence
and helps decision-makers to make sound investment decisions. Besides, the
report also identifies the emerging trends along with essential drivers,
challenges, and opportunities present in the market of hand hygiene products globally.
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