Brazil Hand Sanitizer Market to Witness Impressive Growth through 2025
Growing health consciousness among the
population is expected to drive the growth of Brazil hand sanitizer market
According
to TechSci Research report, “Brazil
Hand Sanitizer Market By Product Type (Gel, Liquid, Spray and Foam), By
Distribution Channel (Pharmacy, Departmental/Convenience Stores,
Hypermarket/Supermarket, Online, Others), By End User (Household, Hospitals,
Restaurants & Hotels, Others), By Region, Forecast & Opportunities,
2025”, the Brazil hand sanitizer market
is expected to grow at an impressive rate during the forecast period on account
of the growing prevalence of various chronic and infectious diseases. This has
increased the number of surgical procedures being performed at the hospitals
and other healthcare facilities, which in turn, is expected to positively
influence the market growth through 2025. Additionally, increasing disposable
income and improving standard of living are further expected to propel the
market growth. Also, increasing working population is further expected to spur
the market growth over the next few years. Besides, various benefits associated
with hand sanitizers such as prevention of spread of infection, convenience
& ease of use, direct application without the use of water, portability,
among others, is further expected to foster the market growth during the
forecast period. Furthermore, supportive government policies and international
organizations such as WHO, FDA, among others for the promotion of health &
sanitization, is expected to create lucrative opportunities for the market
growth through 2025. However, hazards caused to the environment and human
health due to the use of chemicals in the sanitizers might hamper the market
growth over the next few years. Use of hand sanitizers can cause a skin problem
dermatitis and also dryness & roughness in hands. Also, non-alcohol based
sanitizers are not that effective, which is expected to retard market growth
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The Brazil hand sanitizer market is segmented based on product type,
distribution channel, end user, company, and region. Based on product type, the
market can be categorized into gel, liquid, spray and foam. Among these, the foam based type is expected to register the
highest growth on account of their ability to penetrate deep inside the skin
surface and stay there for longer duration. On the other hand, the spray based
is expected to grow significantly on account of the fact that they do not
require rubbing after spraying. Based on distribution channel, the market can
be fragmented into pharmacy, departmental/convenience stores,
hypermarket/supermarket, online and others. Here,
the
online segment is expected to register the highest growth during the forecast
period, which can be attributed to the growing smartphone and internet
penetration. Additionally, benefits associated with online shopping such as
competitive pricing, doorstep delivery, offers & discounts, time saving, among
others, are also expected to drive segmental growth. Based on end user, the
market can be fragmented into household, hospitals, restaurants & hotels
and others. Here, the hospitals segment is expected to dominate the market
owing to the strict hygiene and sanitization rules being followed in the
hospitals. However, the restaurant & hotels segment is also expected to
hold a significant market share on account of the widespread use and demand
from this industry, especially from the luxury hotels. On the other hand, the
household segment is also expected to grow significantly on account of sudden
outbreak and spread of pandemic COVID-19 in the country.
Reckitt Benckiser (Brasil) LTDA, 3M do Brasil Ltda, Procter & Gamble
do Brasil Ltda, GOJO Industries, Inc., Henkel AG, Unilever Brasil, Bayer
Healthcare, Johnson & Johnson Brazil, GlaxoSmithKline Brasil Ltda, Kutol and
others are some of the leading players operating in Brazil hand sanitizer market.
The companies operating in the market are using organic strategies such as
product launches, mergers and collaborations to boost their share.
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“Brazil hand sanitizer market is expected
to witness significant growth during the forecast period on account of the increasing
health awareness and growing purchasing power of the consumers. Furthermore, sudden
outbreak and spread of pandemic COVID-19 in the country is further expected to
fuel the market growth. Additionally, increasing expenditure on R&D and new
product developments by the major players operating in the market is expected
to create lucrative opportunities for market growth through 2025. Besides, good
advertising and promotion techniques used by the players is expected to further
drive the market growth in the country.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Brazil Hand Sanitizer Market By Product Type (Gel,
Liquid, Spray and Foam), By Distribution Channel (Pharmacy,
Departmental/Convenience Stores, Hypermarket/Supermarket, Online, Others), By
End User (Household, Hospitals, Restaurants & Hotels, Others), By Region,
Forecast & Opportunities, 2025”, has evaluated the future growth potential of Brazil hand
sanitizer market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Brazil hand sanitizer market.
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