Market Size of North America Hand Sanitizer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.06 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Hand Sanitizer Market Analysis
The North America Hand Sanitizer market is projected to grow at a CAGR of 3.06% during the forecast period (2020 - 2025).
- Conventionally dragged by general consumer awareness regarding hand hygiene, sanitizers today have witnessed an upsurge delivered by global pandemic that is COVID 19, serving the primary factor driving regional sanitizer market. The sudden thrust in consumption of sanitizer resulted in local players and private label brands to swap the market from key players plugging the demand and supply gap.
- Additionally, usage convenience served by sanitizers over handwashes has drawn a substantial consumer base in recent past, majorly augmenting the sales of gel-type sanitizers. Moreover, since early 2020, online platform emerged as the surprise box, as sales through the channel went exceedingly well in the region.