Market Size of Hand Sanitizer Industry
| Study Period | 2018 - 2029 |
| Market Size (2024) | USD 1.50 Billion |
| Market Size (2029) | USD 1.83 Billion |
| CAGR (2024 - 2029) | 4.06 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Hand Sanitizer Market Analysis
The Hand Sanitizer Market size is estimated at USD 1.5 billion in 2024, and is expected to reach USD 1.83 billion by 2029, growing at a CAGR of 4.06% during the forecast period (2024-2029).
The pandemic positively impacted the sales of hand sanitizers across the globe. Health and hygiene became the top concerns among individuals, and anti-infection skincare solutions ramped up the demand. The World Health Organization (WHO) recommended the use of hand sanitizers along with regular hand washing to prevent the spread of the virus. Thus, these efforts propelled market demand.
Consumers are increasingly becoming aware of the importance and significance of hand hygiene, which is connected to their overall health and hygiene. The use of hand sanitizers is required to prevent transmissible diseases, which is expected to boost market growth. Furthermore, the convenience and portability offered by hand sanitizers over hand washes and their effectiveness in preventing multiple diseases are drawing a substantial consumer base, thereby augmenting sales of hand sanitizers.
To avoid the rough skin caused by alcohol-based hand sanitizers, manufacturers are incorporating natural ingredients such as aloe vera into their products. Prominent market players are promoting the use of hand sanitizers via advertisements, promotional campaigns, and media coverage. This is helping them to bring in more consumers and enhance their market share in the global market.
