The new report by Expert Market Research titled, ‘Global Hand Sanitizer Dispenser Market Size Report and Forecast 2021-2026’, gives an in-depth analysis of the global hand sanitizer dispenser market, assessing the market based on its segments like type, modality, price point, distribution channels and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2020): USD 75 million
• Forecast CAGR (2022-2027): 13.5%
• Forecast Market Size (2027): USD 160 million
Because of the huge number of producers in the region, North America is likely to be a big contributor to the global hand sanitizer dispenser market growth. It’s also because of the region’s well-developed retail infrastructure. As a result of the millions of instances of COVID-19 recorded in the United States, demand for health and hygiene goods, particularly sanitizer, has skyrocketed. Furthermore, according to official standards such as the WHO, the usage of hand sanitizer has become mandatory in commercial enterprises and public areas, which is projected to boost market growth in this region.
In the projected period, the Asia Pacific market is likely to grow at a high rate, owing to a growth in the use of hand sanitizer dispensers in hotels, restaurants, offices, railways, airports, shopping malls, hospitals, and educational institutions following lockdown.
The B2B sector contributed the most to the worldwide hand sanitizer dispenser market growth. Manufacturing enterprises are starting up their operations, and as a result, hand sanitizer dispensers are being installed on a wide scale to protect the safety of their workers. Furthermore, demand for these dispensers is increasing in various community centres, which is adding to market expansion. Meanwhile, during the projected period, the rapid expansion of online channels is expected to aid the growth of the B2C distribution channel.
A hand sanitizer dispenser is a self-contained hand washing appliance that can be used in conjunction with other hygiene stations. These machines can be found in public and commercial locations such as offices, train stations, and restrooms. Furthermore, dispensing equipment are low-maintenance and user-friendly.
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The market can be broadly categorised on the basis of modality:
By type, the industry is segmented into:
By price point, the industry is segmented into:
The market can be broadly categorised based on distribution channel into:
• Supermarket and hypermarkets
• Convenience stores
The regional markets include:
• North America
• The Asia Pacific
• Latin America
• The Middle East
The recent outbreak of the COVID-19 pandemic, which is a global public health problem, has increased demand for hand sanitizers, which is increasing demand for hand sanitizer dispensing devices. This sickness is transferred by wiping the eyes or nose with corona virus-infected hands. As a result, the demand for hand sanitisers is increasing due to the increased requirement to sanitise hands as a preventive strategy. Furthermore, as the number of patients grows, so does the risk of health personnel becoming infected with COVID-19, which is propelling the industry forward. Furthermore, the industry is aided by rising government measures to promote the use of hygiene goods to prevent health problems. The WHO and the FDA, for example, have made steps to raise consumer knowledge about hand cleanliness, consequently expanding the market for hand sanitizer dispensers.
The growing need to tackle hazardous germs and the increased focus on stopping the growth of infectious organisms are likely to boost demand for automatic dispensers over the forecast period. Furthermore, favourable regulations to promote sanitisation by governments around the world, as well as rising consumer awareness of health and wellbeing, are likely to considerably fuel demand for hand sanitizer dispensers over the forecast period.
Key Market Players
The major players in the market are American Specialties, Inc., Bright Pancar Sdn Bhd, Aker Biomarine Antarctic As, DIHOUR, GOJO Industries, Inc., Shenzhen SVAVO Intelligent Technology Co.,Ltd, Others.
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