United States Hand Sanitizer Market, By Product Form (Foam, Gel, Liquid), By Type (Alcohol-Based, Alcohol-Fee), By Distribution Channel (Pharmacy Stores, Supermarkets/Hypermarkets, Online Retail Channels, Others), By End-User (Hospital, School, Restaurant
Description
United States Hand Sanitizer Market, By Product Form (Foam, Gel, Liquid), By Type (Alcohol-Based, Alcohol-Fee), By Distribution Channel (Pharmacy Stores, Supermarkets/Hypermarkets, Online Retail Channels, Others), By End-User (Hospital, School, Restaurant, Households Purposes, Others)Trend Analysis, Competitive Market Share & Forecast, 2018-2028
United States Hand Sanitizer Market Poised for Sustained Growth: Forecast to Grow at a CAGR of 4.4% during 2022-2028
The United States hand sanitizer market is growing at a high CAGR because of the increasing prevalence of infectious diseases and rising demand for hand sanitizers in hospitals and other healthcare facilities…
A recent study, conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that the United States hand sanitizer market is estimated to grow at a CAGR of 4.4% during the forecast period of 2022-2028. The United States hand sanitizer market is significantly proliferating at a huge rate because of the increasing prevalence of various infectious diseases and the rising demand for hand sanitizers in hospitals and other healthcare facilities. Furthermore, the increasing demand for diagnostic tests, especially after the COVID-19 outbreak in the country, is also propelling the demand for hand sanitizers to prevent virus transmission. Additionally, with surging demand for hand sanitizers, hand sanitizer manufacturers in the United States are also launching a wide range of products, which is anticipated to present lucrative growth opportunities to the market in the forecast period.
Rising Prevalence of Online Sales Channels Propelling the United States Hand Sanitizer Market
The nationwide lockdown imposed by the US government to mitigate the COVID-19 spread in the United States halted the distribution channels of hand sanitizers. Panic buying during the Coronavirus outbreak resulted in hand sanitizer shortages in supermarkets and hypermarkets which prevented consumers from obtaining these products as easily as before. Therefore, to boost their sales, hand sanitizer brands immediately turned to online channels. Additionally, distributors launched their products on popular consumer goods websites, such as Amazon.com, to increase access to their products in the market, which is anticipated to drive market growth during the forecast period.
Expanding Hand Sanitizer Production is Anticipated to Drive the Market Growth During the Forecast Period
The rising demand for hand sanitizers in the market is also calling for the need of expanding production to meet the domestic demand for these products. The companies are increasingly investing in expanding their production capacities and establishing new plants for production. The rising demand for hand sanitizers in the market is also calling for the need of expanding production to meet the domestic demand for these products. The companies are therefore investing in expanding their production capacities and establishing new plants for production. According to INEOS, the global chemicals giant plans to build two hand sanitizer plants with a total production capacity of 1 million bottles to help address the hand sanitizer shortage. According to analysts, these factors are projected to drive growth in the US hand sanitizer market during the forecast period.
United States Hand Sanitizer Market - By End-User
According to end-users, the U.S. hand sanitizer market is segmented into hospitals, schools, restaurants, household purposes, and others. According to a recent study, hospitals have accounted for the largest portion of the market due to the developed health infrastructure and the stringent government regulations that govern patient and staff health and hygiene. Furthermore, increasing demand for diagnostic tests and surgical procedures in the country is also estimated to fuel the demand for hand sanitizers in hospitals in the forecast period. On the other hand, the school and restaurant segment are projected to witness the highest CAGR during the forecast period due to the reopening of these facilities amid the coronavirus pandemic.
Impact of COVID-19 on United States Hand Sanitizer Market
The unprecedented COVID-19 outbreak in the country offered lucrative growth opportunities to the United States hand sanitizer market. In order to prevent COVID-19 transmission, hand sanitizers were in high demand in healthcare facilities, such as hospitals and for personal use. However, the market faced huge challenges during the initial period due to panic buying of the products and shortages of hand sanitizers in supermarkets and pharmacies. Despite these challenges, manufacturers have quickly expanded their production capacities, which is expected to proliferate the market growth during the forecast period.
United States Hand Sanitizer Market-Competitive Landscape
The leading players in the United States hand sanitizer market are GOJO Industries, Inc., Vi-Jon, Inc., Edgewell Personal Care, Nice Pak, EO Products, KAS Direct, LLC, 3M, Procter & Gamble, Best Sanitizers, Kutol Products Company, Inc., and other prominent players.
The United States hand sanitizer market is highly fragmented with the presence of leading industry players. New entrants are also getting immense growth opportunities due to the huge demand and supply gap of hand sanitizers in the market. The companies are launching a wide range of products with various odours to attract consumers. Additionally, they are focusing on improving distribution channels and boosting their production penetration through digital platforms. In addition, partnerships, agreements, mergers, joint ventures, etc., are also common in this market.
United States Hand Sanitizer Market Poised for Sustained Growth: Forecast to Grow at a CAGR of 4.4% during 2022-2028
The United States hand sanitizer market is growing at a high CAGR because of the increasing prevalence of infectious diseases and rising demand for hand sanitizers in hospitals and other healthcare facilities…
A recent study, conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that the United States hand sanitizer market is estimated to grow at a CAGR of 4.4% during the forecast period of 2022-2028. The United States hand sanitizer market is significantly proliferating at a huge rate because of the increasing prevalence of various infectious diseases and the rising demand for hand sanitizers in hospitals and other healthcare facilities. Furthermore, the increasing demand for diagnostic tests, especially after the COVID-19 outbreak in the country, is also propelling the demand for hand sanitizers to prevent virus transmission. Additionally, with surging demand for hand sanitizers, hand sanitizer manufacturers in the United States are also launching a wide range of products, which is anticipated to present lucrative growth opportunities to the market in the forecast period.
Rising Prevalence of Online Sales Channels Propelling the United States Hand Sanitizer Market
The nationwide lockdown imposed by the US government to mitigate the COVID-19 spread in the United States halted the distribution channels of hand sanitizers. Panic buying during the Coronavirus outbreak resulted in hand sanitizer shortages in supermarkets and hypermarkets which prevented consumers from obtaining these products as easily as before. Therefore, to boost their sales, hand sanitizer brands immediately turned to online channels. Additionally, distributors launched their products on popular consumer goods websites, such as Amazon.com, to increase access to their products in the market, which is anticipated to drive market growth during the forecast period.
Expanding Hand Sanitizer Production is Anticipated to Drive the Market Growth During the Forecast Period
The rising demand for hand sanitizers in the market is also calling for the need of expanding production to meet the domestic demand for these products. The companies are increasingly investing in expanding their production capacities and establishing new plants for production. The rising demand for hand sanitizers in the market is also calling for the need of expanding production to meet the domestic demand for these products. The companies are therefore investing in expanding their production capacities and establishing new plants for production. According to INEOS, the global chemicals giant plans to build two hand sanitizer plants with a total production capacity of 1 million bottles to help address the hand sanitizer shortage. According to analysts, these factors are projected to drive growth in the US hand sanitizer market during the forecast period.
United States Hand Sanitizer Market - By End-User
According to end-users, the U.S. hand sanitizer market is segmented into hospitals, schools, restaurants, household purposes, and others. According to a recent study, hospitals have accounted for the largest portion of the market due to the developed health infrastructure and the stringent government regulations that govern patient and staff health and hygiene. Furthermore, increasing demand for diagnostic tests and surgical procedures in the country is also estimated to fuel the demand for hand sanitizers in hospitals in the forecast period. On the other hand, the school and restaurant segment are projected to witness the highest CAGR during the forecast period due to the reopening of these facilities amid the coronavirus pandemic.
Impact of COVID-19 on United States Hand Sanitizer Market
The unprecedented COVID-19 outbreak in the country offered lucrative growth opportunities to the United States hand sanitizer market. In order to prevent COVID-19 transmission, hand sanitizers were in high demand in healthcare facilities, such as hospitals and for personal use. However, the market faced huge challenges during the initial period due to panic buying of the products and shortages of hand sanitizers in supermarkets and pharmacies. Despite these challenges, manufacturers have quickly expanded their production capacities, which is expected to proliferate the market growth during the forecast period.
United States Hand Sanitizer Market-Competitive Landscape
The leading players in the United States hand sanitizer market are GOJO Industries, Inc., Vi-Jon, Inc., Edgewell Personal Care, Nice Pak, EO Products, KAS Direct, LLC, 3M, Procter & Gamble, Best Sanitizers, Kutol Products Company, Inc., and other prominent players.
The United States hand sanitizer market is highly fragmented with the presence of leading industry players. New entrants are also getting immense growth opportunities due to the huge demand and supply gap of hand sanitizers in the market. The companies are launching a wide range of products with various odours to attract consumers. Additionally, they are focusing on improving distribution channels and boosting their production penetration through digital platforms. In addition, partnerships, agreements, mergers, joint ventures, etc., are also common in this market.
Table of Contents
117 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Key Market Segments
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.2. Methodology
- 2.3. Regional Split of Primary & Secondary Research
- 2.4. Secondary Research
- 2.5. Primary Research
- 2.5.1. Breakdown of Primary Research Respondents, By Region
- 2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
- 2.6. Market Size Estimation
- 2.7. Assumptions for the Study
- 2.8. Market Breakdown & Data Triangulation
- 3. Executive Summary
- 4. Industry Insight and Growth Strategy
- 4.1. Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Market Drivers
- 4.2.1.1. Increasing Demand For Hand Sanitizers In Hospitals
- 4.2.1.2. Launch Of Wide Range Of Products
- 4.2.2. Market Restraints
- 4.2.2.1. Market Fragmentation Due to Penetration of Wide Range of Brands
- 4.2.3. Market Challenges
- 4.2.3.1. Huge Demand and Supply Gap of Hand Sanitizers
- 4.2.4. Market Opportunity
- 4.2.4.1. Rising Prevalence Of Online Sales Channels
- 4.2.4.2. Expanding Hand Sanitizer Production
- 4.3. Recent Developments
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Bargaining Power of Buyers
- 4.4.2. Bargaining Power of Suppliers
- 4.4.3. Intensity of Rivalry
- 4.4.4. Threat of New Entrants
- 4.4.5. Threat of Substitutes
- 5. United States Hand Sanitizer Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.2. Market Size and Forecast, By Segment
- 5.2.1. By Product Form
- 5.2.1.1. Foam
- 5.2.1.2. Gel
- 5.2.1.3. Liquid
- 5.2.2. By Type
- 5.2.2.1. Alcohol-Based
- 5.2.2.2. Alcohol-Fee
- 5.2.3. By Distribution Channel
- 5.2.3.1. Pharmacy Stores
- 5.2.3.2. Supermarkets/Hypermarkets
- 5.2.3.3. Online Retail Channels
- 5.2.3.4. Others
- 5.2.4. By End-User
- 5.2.4.1. Hospital
- 5.2.4.2. School
- 5.2.4.3. Restaurant
- 5.2.4.4. Households Purposes
- 5.2.4.5. Others
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. Market Share Analysis (2021)
- 6.3. Competitive Benchmarking by Operating Parameters
- 7. Impact of COVID-19 on United States Hand Sanitizer Market
- 8. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- 8.1. GOJO Industries, Inc.
- 8.2. Vi-Jon, Inc.
- 8.3. Edgewell Personal Care
- 8.4. Nice Pak
- 8.5. EO Products
- 8.6. KAS Direct, LLC
- 8.7. 3M
- 8.8. Procter & Gamble
- 8.9. Best Sanitizers
- 8.10. Kutol Products Company, Inc.
- 8.11. Other Prominent Players
- 9. Key Strategic Recommendations
- List of Figures
- Figure 1: United States Hand Sanitizer Market Segmentation
- Figure 2: United States Hand Sanitizer Market Value Chain Analysis,
- Figure 3: Company Market Share Analysis, 2021
- Figure 4: United States Hand Sanitizer Market Size, By Value (USD Billion), 2018-2028
- Figure 5: United States Hand Sanitizer Market Share (%), By Design, By Value, 2018-2028
- Figure 6: United States Hand Sanitizer Market Share (%), By Vehicle Type, By Value, 2018-2028
- Figure 7: United States Hand Sanitizer Market Share (%), By End-User, By Value, 2018-2028
- Figure 8: United States Hand Sanitizer Market Share (%), By Distribution Channel, By Value, 2018-2028
- List of Tables
- Table 1: United States Hand Sanitizer Market Size, By Design, By Value, (USD Billion), 2018-2028
- Table 2: United States Hand Sanitizer Market Size, By Vehicle Type, By Value, (USD Billion), 2018-2028
- Table 3: United States Hand Sanitizer Market Size, By End-User, By Value, (USD Billion), 2018-2028
- Table 4: United States Hand Sanitizer Market Size, By Distribution Channel, By Value (USD Billion), 2018-2028
- Table 5: GOJO Industries, Inc. Financial Analysis
- Table 6: GOJO Industries, Inc. Business Overview
- Table 7: Vi-Jon, Inc. Financial Analysis
- Table 8: Vi-Jon, Inc. Business Overview
- Table 9: Edgewell Personal Care Financial Analysis
- Table 10: Edgewell Personal Care Business Overview
- Table 11: Nice Pak Financial Analysis
- Table 12: Nice Pak Business Overview
- Table 13: EO Products Financial Analysis
- Table 14: EO Products Business Overview
- Table 15: KAS Direct, LLC Financial Analysis
- Table 16: KAS Direct, LLC Business Overview
- Table 17: 3M Financial Analysis
- Table 18: 3M Business Overview
- Table 19: Procter & Gamble Financial Analysis
- Table 20: Procter & Gamble Business Overview
- Table 21: Best Sanitizers Financial Analysis
- Table 22: Best Sanitizers Business Overview
- Table 23: Kutol Products Company, Inc. Financial Analysis
- Table 24: Kutol Products Company, Inc. Business Overview
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