The North America hand sanitizer market size is expected to reach USD 1,379.4 million by 2026, exhibiting a CAGR of 7.1% during the forecast period. The increasing prevalence of contagious viruses and diseases, like coronavirus, influenza, and Norovirus will spur demand for hand sanitizers, in turn, favoring the growth of the market, states Fortune Business Insights, in a report, titled “North America Hand Sanitizer Market Size, Share & COVID-19 Impact Analysis, By Product Form (Foam, Gel, Spray, and Others), Type (Alcohol-Based Sanitizer and Alcohol-Free Sanitizer), End-User (Schools, Restaurants, Hospitals, Households, Office Buildings, and Others), and Regional Forecast, 2019-2026.” The market size stood USD 851.1 million in 2019.
Increasing Popularity of E-commerce to Boost Market Sales
The Europe market is primarily driven by the rising number of hairdressers and beauty salons across Europe. The U.K. National Hair & Beauty Federation (NHBF) reports that more than 1,000 new hair and beauty salons were established in the country in 2020. While the number of hairdressers continues to grow, the continuous shift toward hair products with food-based ingredients is also emerging as a notable trend. More and more people are seeking haircare products that are free from harmful ingredients and are environment-friendly. These factors will drive the regional demand significantly.
List of Top Companies in the North America Hand Sanitizer Market are:
- The Clorox Company (Oakland, California, USA)
- The 3M Company (Saint Paul, Minnesota, USA)
- Byotrol (Chester, Cheshire, England)
- Henkel (Düsseldorf, North Rhine-Westphalia, Germany)
- Vi-jon Inc. ( St Louis, MO, USA)
- GOJO Industries, Inc.( Akron, OH, USA)
- Kutol Products Company, Inc. (Sharonville, Ohio, USA)
- Procter & Gamble Co (Cincinnati, Ohio, USA)
- Artnaturals (Gardena, CA, USA)
- Unilever PLC (Blackfriars, London)
Skyrocketing Sanitizer Demand to Favor Business During COVID-19
Germany is slated to dominate the Europe hair care products & styling tools market share over 2021-2028. In 2020, the regional market value stood at USD 364.46 million. The country is one of the leading importers of raw materials for haircare and cosmetics products. Growing demand for luxury products with natural ingredients is a key trend across Germany.
The U.K. will experience rapid growth in the forthcoming years led by rising consumer attraction toward organic beauty products. Meanwhile, the market in France is driven by increased consumer spending on premium-quality products.
The report offers:
- Major growth drivers, restraints, opportunities, and potential challenges for the market.
- Comprehensive insights into the global as well as regional developments.
- List of key industry players.
- Major strategies adopted by the market players.
- Latest industry developments include product launches, partnerships, mergers, and acquisitions.
What does the Report Include?
The market for Europe paper towel report includes a detailed assessment of various drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive insights into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several research methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, mergers and acquisitions, and collaborations adopted by the companies to maintain market stronghold between 2020 and 2027.
High Extent of coronavirus to Aid Market Development in the US
The United States is the leading market because it the hardest-hit country by the Coronavirus. The need for hand sanitizers in the US will influence the healthy growth of the market.
April 2020: Relevium announced the launch of Bioganix® CleanCare hand sanitizer products in Canada and the United States. The company also confirmed pre-orders of the new hand sanitizer in Canada and the US.
Among all countries, Germany is expected to remain at the forefront and hold the highest position in the European paper towel market during the forecast period. This is ascribable to factors such as the presence of established companies such as Mannheim GmbH, Paper + Design GmbH Tabletop, Georgia Pacific Steinfurt GmbH, and others that are focusing on innovations in European paper towel products. The country stood at USD 1.00 billion in 2019.
The market in the U.K. is anticipated to experience exponential growth backed by the rising infrastructural facilities that are driving the demand for hotels and restaurants leading to the broader availability in the Europe paper towel essentials between 2020 and 2027.