Hand Sanitizer Spray Market to Garner $310.3 Mn, Globally, by 2026 at 8.7% CAGR, Says Allied Market Research

- Consumer inclination toward health & wellness, change in lifestyle and increase in health expenditure, and innovations in hand sanitizers drive the growth of the global hand sanitizer spray market

PORTLAND, Oregon, Feb. 11, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Hand Sanitizer Spray Market by Nature (Natural, Synthetic, and Organic) and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global hand sanitizer spray industry was pegged at $160.2 million in 2018, and is expected to reach $310.3 million by 2026, registering a CAGR of 8.7% from 2019 to 2026.

Incentives for market growth

Consumer inclination toward health & wellness, change in lifestyle and increase in health expenditure, and innovations in hand sanitizers drive the growth of the global hand sanitizer spray market. However, health hazards associated with hand sanitizers hamper the market growth. On the contrary, rise in number of millennial population and rise in social media marketing are expected to create lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6285

The synthetic segment dominated the market

By nature, the synthetic segment held the largest share in 2018, accounting for more than two-fifths of the global hand sanitizer spray market. This is owing to the fact that these products are easily available for its target customers at affordable prices and processed using different mixtures and proportion of chemical as well as natural cosmetic ingredients. However, the organic segment is expected to register the fastest CAGR of 9.8% from 2019 to 2026, due to surge in demand for various organic products from the target customers.

Online segment to manifest the fastest CAGR through 2026

The online segment is expected to portray the fastest CAGR of 10.1% during the forecast period, owing to increase in rate of Internet penetration across the key regions. However, the offline segment held the largest share in 2018, contributing to more than three-fourths of the global hand sanitizer spray market, owing to strong distribution channel coupled with extended product offerings facilitated by offline stores.

North America held the lion's share

The global hand sanitizer spray market across North America held the largest share in 2018, contributing more than one-third of the market, owing to rise in awareness about the importance of being hygienic and increase in demand from various household and commercial sectors including restaurants, schools, and hospitals. However, the market across the Asia-Pacific region is expected to manifest the fastest CAGR of 10.0% by 2026, owing to surge in number hygiene-oriented customers, increase in disposable income, and rise in number of millennial populations.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6285

Major market players

• The Honest Company, Inc.
• Cleenol Group Ltd
• GOJO Industries, Inc.
• EO Products
• CleanWell, LLC,
• Jao Brand
• The Caldrea Company
• Hello Bello
• The Clorox Company
• Dr. Bronner's
• Elyptol Australia Inc.

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Hand Sanitizer Market: Global Opportunity Analysis and Industry Forecast, 2017–2023

Essential Oil Soap Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

Adult Diapers Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

Hair Serum Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Life Science Market: https://www.alliedmarketresearch.com/reports-store/consumer-goods
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg