Hand Sanitizer Market Experience A Significant Impact In 2020 Influenced by COVID-19 Pandemic

Emphasis on Product Form (Gel-based, Liquid-based, Foam-based, other (Spray)); End-User (Hospitals & Other healthcare facilities, Households, Government & Corporate Offices, Other Public places)
By: UnivDatos Market Insights (UMI)
DELHI, India - May 21, 2020 - PRLog -- Global hand sanitizer Market was valued at US$ 2,615.4 1 million in 2019 and is anticipated to witness a very high growth in 2020 and would reach a market size of US$ 15,352.6 million by the end of 2020. Further the market is expected to witness a CAGR growth of 9.15% during 2021-2026 period. Coronavirus disease (COVD-19) has turned out to be an infectious disease that has been caused by a newly discovered coronavirus. Most people fall sick with the disease are expected to experience mild to moderate symptoms and recover without special treatment. COVID-19 is mainly transmitted through droplets generated when an infected person coughs, sneezes, or exhales. These droplets are too heavy to hang in the air, and quickly fall on floors or surfaces. The person can be infected by breathing in the virus if the infected person is within close proximity of someone who has COVID-19, or by touching a contaminated surface and then eyes, nose or mouth. Hence, just as a precautionary measure, hand sanitizers have come across as a beneficial product in various aspects inclusive of mitigation of spread of Coronavirus disease worldwide. COVID-19 pandemic just in the beginning of 2020 has significantly spurred the demand for hand sanitizers WHO and FDA have also taken initiative  across the world by permitting the hand sanitizers manufacturers to rapidly increase their production capacity to cope with the ever increasing hand sanitizers demands. While the COVID-19 cases are on the rise, it seems there are not enough hand sanitizers available in stores and pharmacies right now for all of the potential buyers who are expected to be struck by the virus. According to a survey, more than 80% of the world population have been using hand sanitizers while remaining claimed to not to use the product.

For a detailed analysis on the Hand Sanitizer demand during COVID-19 and post the pandemic impact browse through https://univdatos.com/report/global-hand-sanitizer-demand-analysis-covid-19-impact-2020-2026

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Tags:Hand Sanitizer Market
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