Hand sanitizers are the first commodity adapted by public restrooms, educational institutions, and restaurants to follow this hand hygiene trend. Awareness programs and campaigns are well proceedings, mainly targeting hospitals and healthcare facilities along with regular consumers. So, as per the market outlook foreseen by the IndustryARC’s business intelligence report, titled “Hand Sanitizer Market : By Product form (Foam sanitizer, Gel sanitizer, Wipes sanitizer, Spray sanitizer); By Type (Alcoholic, Quaternary Ammonia, Iodine, Triclosan);By Distribution channels (Departmental stores, Online stores, Pharmacies and others ); By End-user industry (Hospitals, Restaurants, Educational institutions and others) & Geographic Analysis - Forecast (2018-2023),” governmental and private campaigns across the globe to prevent HCAI and other contagious infections will ensure abundant market demand.
Hand sanitizers are easy-to-use antiseptic solutions formulated to prevent transmission of infections through the hand. It has established an immense scope of applications in the healthcare industry owing to the prevalence of healthcare-associated infection (HCAI). According to the reports the WHO, HCAI distresses 5–15% of hospitalized patients and can affect 9–37% of those admitted to the intensive care units (ICUs). These are the percentages of developed countries and the scenario in developing countries are even worse with HCAI prevalence rate in Brazil (14%), Turkey (13.4%) and Morocco (17.8%) being the highest.
Browse 75 Market Tables, 178 Figures spread through 145 slides and an in-depth TOC on “Hand Sanitizer Market (2018 - 2023)”
Global Hand Sanitizer Market: Disruptive Trends
- According to an online release by CDC (Centers for Disease Control and Prevention), 1 out of 25 hospital patients is infected by HCAI. This brings the rate of infection alone in Europe to 5 million, deaths figure to 135,000, and 25 million days in terms of extra stays in healthcare facilities. Considering such alarming data, various organizations such as WHO and FDA are running campaigns and encouraging governments to install strict regulations all across the globe to promote hand hygiene among healthcare professionals and regular individuals as well. Owing to such operations and trends, hand sanitizer for its application in the flourishing and robustly growing healthcare sector is poised of exponential growth in its market size.
- As per the reports by FDA in 2018, 48 million foodborne illness occur every year, causing 128,000 hospitalization and 3,000 deaths. The food industry is one of the most flourishing sectors in the world. Packaged food industry alone according to Forbes is valued at $1.6 trillion. Food service and retail establishment’s compliance with the FDA standards for food safety and management has enforced the use of antiseptics and disinfectants in restaurants, and food chains services and outlets across the globe for food preparing staff and consumers as well. Due to such regulations, employment of hand sanitizers as disinfectants in some parts of the trillion-dollar food industry is forecast to increase the revenue chain of the market.
- Some of the other factors positively affecting the hand sanitizer market are the adoption of a healthy lifestyle among the increasing urban population. Escalation of disposable income of urban population and deepening penetration of social media with free information is also supporting such endeavors and awareness.
According to CDC, a healthcare professional in direct or indirect contact with the patients might need to clean their hand 100 times per day on an average. Hand sanitizers are one time installations, and its demands and usage are vigorous and reappearing in all its application industry verticals including hospitals, public restrooms, restaurants, and schools. Owing to such resurfacing revenue avenues, the hand sanitizer market is projected to propel toward robust growth and profits.
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Hygiene Products Market: By Type (Oral Care, Hand Care, Face Care, Body Care, women Care, Baby Care, Environmental Hygiene and Others); By Distribution Channel (Hypermarkets/Supermarkets, Pharmacies, Convenience Stores, Health & Beauty Retailers and Others); By Geography - Forecast (2018-2023)
LATAM Personal Care Market: By Product (Personal Hygiene, Cosmetics); By Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, Discounters, Drug Stores, Specialty Stores, Online and Others); By Geography - Forecast(2018-2023)
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