Global Hand Sanitizer Market Size & Outlook, 2023-2030
Global hand sanitizer market, 2017-2030 (US$M)
Related Markets
Global hand sanitizer market highlights
- The global hand sanitizer market generated a revenue of USD 7,042.6 million in 2023 and is expected to reach USD 10,844.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.4% by 2030.
- In terms of segment, gel accounted for a revenue of USD 3,326.5 million in 2023.
- Foam is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,042.6 million |
| Market revenue in 2030 | USD 10,844.4 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Gel |
| Fastest growing segment | Foam |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gel, Foam, Liquid |
Other key industry trends
- In terms of revenue, the North America accounted for 21.9% of the global hand sanitizer market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 91.1 million by 2030.
Gel was the largest segment with a revenue share of 47.23% in 2023. Horizon Databook has segmented the Global hand sanitizer market based on gel, foam, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
Market Dynamics
At the end of 2019, a novel coronavirus was identified as the cause of a cluster of pneumonia cases in Wuhan, China. The pathogen spread rapidly across the globe resulting in a pandemic. The U.S. has by far the largest number of cases, around five times as many as any other country according to figures collated by Johns Hopkins University.
In late March, the virus was spreading rapidly through Europe. Recently, Russia was found to have the world's steepest infection trajectory curve, with the number of cases on a course to double roughly every five days. Some countries particularly developing economies are only in the beginning stages of COVID-19's rapid spread.
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Hand Sanitizer Market Scope
Hand Sanitizer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global hand sanitizer market size, by regions, 2017-2030 (US$M)
Top 10 countries: Hand sanitizer market size, 2023 (US$M)
Global hand sanitizer market share, by product, 2023 & 2030 (%, US$M)
Hand sanitizer market: Opportunity assessment by country
Global hand sanitizer market, by region, 2023 (US$M)
Related regional statistics
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