Global Hand Sanitizer Market - Forecast(2020 - 2025)
Hand Sanitizer Market size is projected to cross $2 billion by 2025, growing at a CAGR of 7.8% during the forecast period 2020-2025. Hand Sanitizer is an antiseptic disinfectant available in the form of a liquid, gel, foam and many others. It is said to be more effective than soaps due to its ability to eliminate most microorganisms. Public awareness campaigns by global health authorities such as the WHO (World Health Organization) also play a significant role in promoting the use of hand sanitizers. Increasing consumer awareness about hygiene coupled with such government initiatives are driving the hand sanitizer market. Market Overview- Forecast Period: 2020 – 2025 CAGR: 7.8% Market Size: USD 2 Billion Major Region and its share: North America with a share of 34% Fastest Growing Region: APAC with a CAGR of 12.6% Key Drivers: Growing Market for surgical procedures Rising Incidence of Chronic Diseases Key Challenges: Stringent Government Regulations Re