Market revenue in 2023 | USD 1,221.0 million |
Market revenue in 2030 | USD 1,807.7 million |
Growth rate | 5.8% (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 49.62% in 2023. Horizon Databook has segmented the U.S. hand sanitizer market based on gel, foam, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the U.S. hand sanitizer market is attributed to the growing consumer awareness regarding personal hygiene and safety. The nation has witnessed several public health epidemics, such as SARS, H5N1 Avian influenza, COVID-19, and swine flu since 2000.
These epidemics have had a significant impact on the demand for hand sanitizers in the country. The product demand witnessed a surge as health organizations and governments advised the use of hand sanitizer to reduce the spread of the viruses.
Producers of sanitizers, including GOJO Industries, Inc., ramped up their production capacity to meet the demand. The sales of sanitizers increased by 73% in the U.S. during the four weeks until February 22, 2020.
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