New Research Report on Hand Sanitizer Dispenser Market Sees High Demand in 2021-2027 | Allied Market Research

North America is expected to grow at a stable CAGR of 12.10% from 2021 to 2027

PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, USA, September 19, 2022 /EINPresswire.com/ โ€” The COVID-19 outbreak in various countries around the world has significantly increased the demand for the Hand Sanitizer Dispenser industry. Additionally, the companies are focusing on the development of hand sanitizers made from natural ingredients to expand the customer base, which is contributing significantly to the growth of the global market.

According to a new report published by Allied Market Research, titled โ€œhand sanitizer dispenser market By Type, Modality, End User, Price and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027โ€, the global Hand Sanitizer Dispenser market size was valued at 74.62 Million dollars in 2020 and is expected to register a CAGR of 13.60% from 2021 to 2027. Hand sanitizer dispenser is a hand cleaning unit installed in public and commercial places such as offices, stations and restrooms. The recent COVID-19 outbreak has significantly boosted the demand for hand sanitizer dispensers.

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The increased need for infectious bacteria control has significantly boosted the demand for hand sanitizers. Being an alcohol-based product, hand sanitizer is preferable to the constant requirement to wash your hands. Apart from its wide applicability in the healthcare sector, hand sanitizer is used by individuals in their daily lives. Additionally, the rapid results of the hand sanitizer to eradicate 99.99% of bacteria, fungi and viruses after 30 seconds of its application has increased its popularity, thus contributing to the growth of the hand sanitizer dispenser market trends . With all hand sanitizers on the market having similar components and compositions, product innovation is difficult to achieve.

Players in the hand sanitizer dispenser market are therefore innovating and developing new packaging and product delivery systems. From sanitizing machines to hand sanitizers, single carriers to various packs for easy transport and distribution, hand sanitizer suppliers are innovating the way consumers can use bottles and packs. Various travel packs and silicone holders for backpacks are introduced by market players. Moreover, custom packs of hand sanitizers with custom design and logos help market players gain a competitive edge over others with such product differentiation. Also, the introduction of automatic and manual sanitizer dispensers is expected to provide remunerative opportunities for market expansion during the hand sanitizer dispenser market analysis period.

By type, the stationary hand sanitizer dispenser segment accounted for the highest hand sanitizer dispenser market share, owing to regular hand sanitizing and cleaning practices among consumers. The demand for hand hygiene products has exceeded supply in online and physical sales channels worldwide due to the global corona virus outbreak in a short period of time.

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On the basis of end-user, the B2B segment dominated the hand sanitizer dispenser market. This has been attributed to the increase in demand for hand sanitizer dispensers from various community centers and households. Due to the recent easing of lockdown by various countries around the world, fitness centers and salons are reopening. Thus, the demand for hand sanitizer dispensers is expected to increase as gym and salon owners focus on protecting their customers. Additionally, the government is further encouraging the use of hand care products to increase awareness and prevent health problems. For example, WHO and FDA have taken initiatives to increase the awareness of hand hygiene and thus increase the hand sanitizer dispenser market opportunities. Thus, the aforementioned factors are collectively expected to contribute to the growth of the market over the forecast period.

Main results of the study

Based on product type, the fixed segment has been the largest contributor to the hand sanitizer dispenser market and is projected to grow at a CAGR of 12.30% from 2021 to 2027.

By modality, the automatic segment led the market by value in 2020 and is expected to grow at a CAGR of 13.0% from 2021 to 2027.

Going deeper into the end user, the B2B segment is expected to grow at a stable CAGR of 13.10% from 2021 to 2027.

Regionally, North America is expected to grow at a stable CAGR of 12.10% from 2021 to 2027

In terms of value, North America contributed the highest market share in 2020, owing to government awareness of hand sanitizing to prevent the spread of coronavirus. Key players profiled in the Hand Sanitizer Dispenser market report include American Specialties, Inc., BRIGHT PANCAR SDN. BHD., Hokwang Industries Co., Ltd., Shenzhen SVAVO Intelligent Technology Co., Ltd., Simplehuman, Toshi Automatic Systems Pvt. Ltd., Umbra, GOJO Industries, Inc., The Clorox Company and DIHOUR.

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Reason to buy:
โœ… Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Hand Sanitizer Dispenser Market.
โœ… Highlights key business priorities to guide businesses in reforming their business strategies and gaining a foothold in the vast geography.
โœ… The key findings and recommendations highlight crucial progressive industry trends in the Hand Sanitizer Dispenser Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
โœ… Develop/modify business expansion plans using substantial growth offering in both developed and emerging markets.
โœ… Dig deep into the global market trends and outlook associated with the factors driving the market, as well as those restraining the growth to some extent.
โœ… Improve the decision-making process by understanding the strategies behind business interest with respect to products, segmentation, and industry verticals.

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David Correa
Allied Analytics LLP
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