Long lasting hand sanitizer Market to Reach $21.7 Million, Globally, by 2030 at -3.4% CAGR: Allied Market Research

Surge in awareness regarding hygienic habits and Innovations in long-lasting hand sanitizers drive the growth of the global long-lasting hand sanitizer market.

PORTLAND, Ore., Sept. 6, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Long Lasting Hand Sanitizer Market by Nature (Alcohol-Based and Non-Alcohol Based), End User (Commercial and Residential), and Distribution Channel (Offline Channels and Online Channels): Global Opportunity Analysis and Industry Forecast, 2021–2030". According to the report, the global long lasting hand sanitizer industry generated $11.8 million in 2020, and is anticipated to generate $21.7 million by 2030, witnessing a CAGR of -3.4% from 2021 to 2030.

Prime determinants of growth

Surge in awareness regarding hygienic habits and innovations in long lasting hand sanitizers drive the growth of the global long lasting hand sanitizer market. However, availability of conventional hand sanitizers and strict regulations on sanitizer components hinder the market growth. On the other hand, rise in social media marketing and increase in popularity of online channels present new opportunities in the coming years.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/13439

Covid-19 Scenario

• The outbreak of the COVID-19 pandemic has positively impacted the long lasting hand sanitizer market, owing to increase in awareness regarding health and hygiene.
• Hand hygiene is given utmost importance to curtail the spread of the COVID-19, thereby resulting in increased demand for products such as hand gloves, soaps, and sanitizers.

The non-alcohol-based segment to maintain its leadership status throughout the forecast period

Based on type, the non-alcohol-based segment held the highest market share in 2020, accounting for more than 90% of the global long lasting hand sanitizer market, and is estimated to maintain its leadership status throughout the forecast period, as non-alcoholic sanitizers are water based which makes the them better suited for skin. Moreover, this segment is projected to manifest the highest CAGR of -3.3% from 2021 to 2030. The report includes analysis of the alcohol based segment.

The residential segment to maintain its lead position during the forecast period

Based on form, the residential segment accounted for the largest share in 2020, contributing to nearly three-fourths of the global long lasting hand sanitizer market, and is projected to maintain its lead position during the forecast period. This is because long lasting hand sanitizers include small bottles of sanitizers that can be carried around and are kept at home. Moreover, this segment is expected to portray the largest CAGR of -3.1% from 2021 to 2030. The report includes an analysis of commercial segment.

North America to maintain its dominance by 2030

Based on region, North America, held the highest market share in terms of revenue 2020, accounting for nearly half of the global long lasting hand sanitizer market. This is due to rise in consumer awareness toward health & hygiene practices. However, the Asia-Pacific region is expected to witness the fastest CAGR of -2.4% during the forecast period, owing to huge investments and favorable government policies in India and China.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/13439

Leading Market Players:-

• Cage Bio Inc.
• Esc Brands, LLC.
• Kea Biotech.
• Microbe Solutions, LLC
• Novalent, Paul Hartmann AG
• Resil Chemicals Pvt. Ltd.
• Scotmas Group, Touch Australia

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 Dispenser Market: Global Opportunity Analysis and Industry Forecast, 2021–2027

Hand Sanitizer Spray Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

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

Toilet Seat Sanitizer Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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
Toll Free: 1-800-792-5285
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
Follow Us on: LinkedIn Twitter

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