Hand Sanitizers can be as Ubiquitous as Soaps or Toothpaste, Even After COVID-19 Vaccine Availability: New Study

"For the next one year, hand sanitizer demand will outstrip supply; however, there is a high likelihood that hand sanitizers will be as ubiquitous as toothpaste or say facewash – even after a vaccine is available," says FMI's report. " For the next one year, hand sanitizer demand will outstrip supply; however, there is a high likelihood that hand sanitizers will be as ubiquitous as toothpaste or say facewash – even after a vaccine is available,"says FMI's report. Key Takeaways from...

"For the next one year, hand sanitizer demand will outstrip supply; however, there is a high likelihood that hand sanitizers will be as ubiquitous as toothpaste or say facewash – even after a vaccine is available," says FMI's report.

Key Takeaways from FMI's Hand Sanitizer Market Study

Although hand sanitizer market players are in the midst of heightened demand, the foray of unregulated players has led to widespread fragmentation. US FDA's announcement to declare nine hand sanitizer brands as 'toxic' is indicative of the widespread chaos in the marketplace.

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"The hand sanitizer industry has witnessed a foray of thousands of player in a short span of 3-4 months. Many of the products available in low-income countries are catering to local demand. However, many products are of dubious quality and use ingredients banned or termed 'dangerous' in many countries," says FMI.

Hand Sanitizer Market: Region-wise Analysis

Hand Sanitizer Market: Competitive Landscape

The hand sanitizer marketplace was moderately fragmented before COVID-19 pandemic; however, since March 2020, an unprecedented demand has led to the foray of new players.

The number of players currently operating in the market is directly related to the relative strength of regulatory body. In the US, Canada, Australia, New Zealand, and Western Europe, the foray of local players is limited.

In APAC, Latin America, and parts of Africa, many new hand sanitizer companies have sprung up. Although these companies are helping meet demand in the absence of supply from known brands, ingredient quality remains a concern.

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Hand Sanitizer Market Taxonomy

Product

Content

Active Ingredient

Packaging Type

End-use

Pack Size

Sales Channel

Region and Country

North America

Latin America

Europe

Asia (excluding Japan)

Middle East & Africa

Oceania

Japan

Get Valuable Insights into Hand Sanitizer Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global hand sanitizer market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030.

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