What Is the Influence Of COVID-19 on The Hand Sanitizer Market

What Is the Influence Of COVID-19 on The Hand Sanitizer Market

The COVID-19 pandemic has changed the way we live. It has increased the importance of personal hygiene to keep the virus away. The hand sanitizer is one of the products with high demand across the globe. Here, we have discussed the impact of COVID-19 on the hand sanitizer dispenser market.

Market Size

The world hand sanitizer market is at $74.62 million in the year 2020. It is expected to grow by a CAGR of 13.60% and reach $181.97 million by 2027.The growth is projected from 2020 to 2027.

The hand sanitizer dispenser is available in different forms and capacities. You can buy a self-standing hand sanitizer unit or use it in other combinations of hygiene stations.

European Markets

European countries like the UK, Spain, and Germany are badly affected by the coronavirus pandemic. Presently, there is no vaccine to protect from this deadly coronavirus.

The hand sanitizer is the best protection available to keep yourself safe and prevent the spread of infection. The Europe hand sanitizer dispenser market is expected to grow at a compound annual growth rate of 11.5% between 2020 and 2025.

US Market

The US is the biggest market for hand sanitizers. The high demand during pandemic has led to the rapid growth of the hand sanitizer market. The United States has been at the forefront of hygiene products due to greater inclination towards cleaning practices and regular sanitation prevalent across the country.

The United States has witnessed several pandemics in the past. The coronavirus pandemic has affected the US badly, and there are more than 1.1 million infections. There is panic amongst buyers, and people are stocking up hand sanitizers.

The Federal Administration did not announce a nationwide lockdown, and people were asked to maintain social distancing and use hand sanitizers more often. The growing awareness of the spreading of infection has forced people to carry portable hand sanitizer dispensers.

The hand sanitizer dispenser market of the US was around 485.59 million in the year 2019. The high number of coronavirus infections and deaths has led to a further increase in the demand for personal hygiene products.

How has COVID-19 affected the global market of hand sanitizers?

The recent COVID-19 outbreak has created a sudden demand for this personal hygiene product. The need for hand sanitizers can be seen worldwide, and many cities are experiencing shortages due to limited stock with distributors.

Leading brands like Reckitt Benckiser, which makes Dettol, have been unable to meet the sudden surge in demand. The lockdown and delay in the supply of raw materials due to lockdown have led to production issues.

Efficacy of Hand Sanitizers

The demand for hand sanitizers has also increased due to public awareness and understanding the efficacy of the product to keep you safe from transmission of infection. The CDC (Centers for Disease Control and Prevention) and the World Health Organization have also promoted sanitizers.

The University of Minnesota’s Center for Infectious Disease Research has conducted a study that revealed hand sanitizers with 40% or more ethanol would effectively kill coronavirus. The study findings support the WHO’s recommendations for using hand sanitizer to prevent the coronavirus spreading.

The study conducted by the University of Minnesota had advocated applying sanitizer to your hand and rubbing them for 30 seconds for effective cleaning. This has also been mentioned in the WHO directives to prevent the spread of coronavirus.

Different health studies and directives from leading health organizations also boosted demand for hand sanitizers and fueled the market growth by immense proportions.

General Studies That Boosted Demand for Hand Sanitizer

According to leading medical studies, hands play a crucial role in transmitting viruses, bacteria, and pathogens. It is quite common for humans to touch their face, nose, mouth, and eyes when idle or perform different activities.

This habit causes nosocomial infections and foodborne illnesses. If you touch your face or mouth with hands contaminated with viruses or bacteria, they get easy passage into your body. This is why sanitizing your hand often to eradicate microorganisms that might be existing on your hand.

According to the WHO report, around 125,000 children die every year due to foodborne illness. This death toll can be reduced by encouraging children and adults to practice personal hygiene, including using hand sanitizer several times throughout the day.

The modern consumer is inclined to maintain good health, which has fueled demand for hand sanitizer worldwide. With market research and intelligence, you can tap into essential data and reports to gather accurate information and target these consumers.

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