Market revenue in 2023 | USD 315.6 million |
Market revenue in 2030 | USD 484.9 million |
Growth rate | 6.3% (CAGR from 2023 to 2030) |
Largest segment | Gel |
Fastest growing segment | Foam |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gel, Foam, Liquid |
Key market players worldwide | Reckitt Benckiser Group PLC, The Himalaya Drug Company, Procter & Gamble Co, GOJO Industries, Henkel AG & Co KGaA, Unilever PLC, Sanofi SA, Vi-Jon, Best Sanitizers, Inc. |
Gel was the largest segment with a revenue share of 44.93% in 2023. Horizon Databook has segmented the Brazil hand sanitizer market based on gel, foam, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil's significant healthcare expenditure, amounting to 9.47% of its GDP or USD 161 billion in 2023, highlights a robust healthcare infrastructure and increasing emphasis on public health. This substantial investment in healthcare facilities and services creates a conducive environment for the growth of the hand sanitizer market in Brazil.
With heightened awareness of hygiene standards and infection control in healthcare settings, there is a growing demand for effective hand sanitizers. Moreover, as Brazil's population continues to urbanize and prioritize health and wellness, the market is poised to expand further, driven by regulatory support, innovative product formulations, and broader accessibility through diverse distribution channels.
The healthcare sector in the country has witnessed increased usage of medical-grade hand sanitizer, mainly driven by improved access to healthcare facilities and the implementation of stringent reforms.
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