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      Hand Sanitizer Market in India to Record 1.24% Y-O-Y Growth Rate in 2021

      Technavio (PRNewsfoto/Technavio)

      News provided by

      Technavio

      Jan 10, 2022, 23:30 ET

      Share this article

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      NEW YORK, Jan. 10, 2022 /PRNewswire/ -- The hand sanitizer market in India is witnessing steady growth owing to the increasing demand for hand sanitizers to prevent the spread of infectious diseases such as influenza infections, COVID-19, and tuberculosis. The increase in the local production of hand sanitizers and the entry of new vendors into the market are also supporting the growth of the hand sanitizer market in India.

      Attractive Opportunities in Hand Sanitizer Market in India by Product and Distribution Channel - Forecast and Analysis 2021-2025
      Attractive Opportunities in Hand Sanitizer Market in India by Product and Distribution Channel - Forecast and Analysis 2021-2025

      In 2020, gel hand sanitizers accounted for the largest segment owing to their high adoption. The key players operating in the hand sanitizer market in India include 3M, Co. (3M), Godrej Consumer Products Ltd. (Godrej), GOJO Industries Inc. (GOJO), Reckitt Benckiser Group Plc (Reckitt Benckiser Group), Unilever Group (Unilever), and The Himalaya Drug Co. (The Himalaya Drug).

      Key Hand Sanitizer Market in India Report Highlights:

      1. Market growth 2021-2025: USD 5.11 Million
      2. YoY growth (%): 1.24%
      3. Key consumer countries: India

      Want more data and information that is not included in this report? Reach out to our analysts and get this report can be personalized according to your needs. Speak to an Analyst.

      Market Segmentation Analysis

      • The hand sanitizer market vendors in India should focus on grabbing business opportunities from the gel segment under product category as it accounted for the largest market share in the base year.

      Gel hand sanitizers are among the most commonly used in India. The gel-based formulation of these products offers complete coverage, spreading easily on the palms and between fingers and providing efficient defense against germs. Moreover, the gel-based formulation allows the sanitizer to dry quickly and prevents any sticky feeling on the hand after use. As gel hand sanitizers are highly viscous, they are easy to dispense and remain on the palm until the hands are rubbed together. Furthermore, vendors have launched new products in this segment to supplement the growing demand for hand sanitizers in the country. For instance, in March 2021, ITC Ltd. (ITC) announced the launch of Savlon moisturizing sanitizer to cater to consumers' demand for products that prevent dryness post usage. The growing demand for hand sanitizers and the constant launch of such products will drive the growth of the hand sanitizer market in India in this segment during the forecast period.

      For Additional Information about the segments: Request for a free sample report.

      Key Vendors and Vendor Strategies
      3M Co., Dabur India Ltd., Emami Ltd., Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Marico Ltd., Reckitt Benckiser Group Plc, The Himalaya Drug Co., and Unilever Group are few of the key vendors in the Hand Sanitizer Market in India.

      The market is fragmented and the vendors are deploying growth strategies such as focusing on product innovation to compete in the market.

      For instance:

      • 3M Co.- In February 2021, 3M Health Care launched 3M Polisher ST, an advanced, single-use AEX solution designed to replace reusable AEX polishing columns for biologic drug manufacturing.
      • Dabur India Ltd.- The company offers hand sanitizers under the brand name Dabur Alcohol-Based Hand Sanitizer.
      • Emami Ltd.- The company offers hand sanitizers under the brand name Zandu Ayurvedic Hand Sanitizer.

      Download our free sample report to get a brief understanding about various other vendors and the vendors strategies.

      Key Market Drivers
      Our analysts have extensively outlined the information on the key market drivers and their impact on the Hand Sanitizer Market in India.

      • Increasing prevalence of infectious and pandemic diseases:
        • Rising incidences of infectious diseases such as flu, tuberculosis, and Methicillin-resistant Staphylococcus aureus (MRSA) infections and pandemic disease outbreaks, such as that of COVID-19 and H1N1 flu, are significantly contributing to the demand for hand sanitizers in India. The popularity of hand sanitizers as a measure for preventing the spread of such diseases is impacting the growth of the hand sanitizer market in the country. Consumers are becoming extremely concerned about the widespread transmission of such diseases and are taking adequate preventive measures. The growing adoption of preventive measures and personnel hygiene has increased the use of hand sanitizers among the people in India.

      To know about a few other market drivers, trends, and challenges.

      Download our free sample report

      Here are Some Similar Topics-
      Hand Sanitizer Market by Product, Distribution Channel, End-user, and Geography - Forecast and Analysis 2021-2025: The hand sanitizer market share is expected to increase by USD 458.83 million from 2020 to 2025, and the market's growth momentum will decelerate at a CAGR of 1%. To get extensive research insights: Download Exclusive Free Sample Report

      Hand Hygiene Market by End-user and Geography - Forecast and Analysis 2021-2025: The hand hygiene market size has the potential to grow by USD 8.76 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 8.63%. To get extensive research insights: Download Exclusive Free Sample Report

      Hand Sanitizer Market in India Scope

      Report Coverage

      Details

      Page number

      120

      Base year

      2020

      Forecast period

      2021-2025

      Growth momentum & CAGR

      Decelerate at a CAGR of 1%

      Market growth 2021-2025

      $ 5.11 million

      Market structure

      Fragmented

      YoY growth (%)

      1.24

      Regional analysis

      India

      Performing market contribution

      India at 100%

      Key consumer countries

      UK and US

      Competitive landscape

      Leading companies, competitive strategies, consumer engagement scope

      Companies profiled

      3M Co., Dabur India Ltd., Emami Ltd., Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Marico Ltd., Reckitt Benckiser Group Plc, The Himalaya Drug Co., and Unilever Group

      Market Dynamics

      Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

      Customization purview

      If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

      About Us
      Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

      Contact
      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: [email protected]
      Website: www.technavio.com/

      SOURCE Technavio

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