India hand sanitizer market is expected to register significant growth over the coming years owing to factors such as rising awareness about hygiene and sanitation, government initiatives, and improvement in the living standard of people. Hand sanitizers are preferable over soaps due to its convenience of use and portability. Also, hand sanitizers could kill germs effectively while maintaining the moisture and essential oils in the skin adding as an advantage for the growth of the hand sanitizer market in India. Further, COVID-19 outburst in India resulted in exponential growth in the demand for hand sanitizers during February and March
According to 6Wresearch, India Hand Sanitizer Market size is anticipated to register growth during 2020-2026. After the Corona Virus outbreak in the country, several small to large companies have started manufacturing and selling hand sanitizers. In the month of February, the hand sanitizers witnessed 50-55% growth in terms of sales. On account of this unprecedented rise in the demand for hand sanitizers and to ensure steady availability of such products government of India capped the prices and pronounced hand sanitizers as an essential commodity. All this bode well for the robust growth in the hand sanitizer market in India in 2020 and in the near term as well.
By product form, the gel segment accounted for the highest revenue generation over the last few years, and demand is expected to continue at the same pace during the forecast period. By product type, alcohol-based sanitizers are gaining traction in the country due to its high efficiency and effectiveness during the ongoing COVID-19 outbreak in the country which would further witness a surge in demand over the coming years.
The India hand sanitizer market report thoroughly covers the market by product type, product form, distribution channel, and end-users. India hand sanitizer market outlook report provides an unbiased and detailed analysis of the on-going India hand sanitizer market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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Key Highlights of the Report:
- India Hand Sanitizer Market Overview
- India Hand Sanitizer Market Trends
- India Hand Sanitizer Market Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- India Hand Sanitizer Market Share, By Players
- India Hand Sanitizer Market Outlook
- India Hand Sanitizer Market Forecast
- India Hand Sanitizer Market Drivers and Restraints
- Company Profiles
- Key Strategic Recommendations
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