Impact of COVID-19 on Hand Sanitizer Packaging Market

Hand Sanitizer is an antiseptic solution which kills the germs to the great possible extent and avoids the chances of getting infected by the various dangerous viruses and bacteria. As various respiratory diseases are increased over the last few years and the severe outbreak of COVID-19 pandemic across the world, the Hand Sanitizer Packaging market is expected to increase at an exponential growth rate during the forecast period.

The origin of most of the diseases including chronic one are primarily caused due to unhygienic behaviour or without proper health awareness and that’s why Hand Sanitizers are preferred by most of people as it instantly killed the germs and avoid the chances of getting infection. The Hand Sanitizers are handy, lightweight and available in small quantity which makes it feasible to use during the transportation and it is anticipated to grow the Hand Sanitizer Packaging market substantially during the forecast period.

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Hand Sanitizer Packaging Market: Dynamics

The factors which drive the Hand Sanitizer Packaging market are number & nature of diseases, increase in awareness about hygiene & health, increase in Healthcare, Pharmaceutical and Personal care facilities, highly encouraged by FDA & WHO like organisations and increase in demand by all the age groups.

The factors which restrain the Hand Sanitizer Packaging market are irritation or allergic infection, skin diseases and other health hazards.

On a global scale, North America especially US is the largest market share contributor in Hand Sanitizer Packaging market and is expected to remain dominating during the forecast period as the production of Hand Sanitizer has increased due to the pandemic. Europe is the second largest market share contributor in Hand Sanitizer Packaging as the demand of it greatly increased in this particular region.

Asia-Pacific region especially China, Japan and India are expected to increase at highest growth rate during the forecast period as the number of consumers are more in this geographical region and number of customers using Hand Sanitizers are increased exponentially. Latin America, Middle East & Africa and Oceania are anticipated to grow the Hand Sanitizer Packaging market share linearly during the pandemic but then decreasing gradually during the forecast period.

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Hand Sanitizer Packaging Market: Key Players

Some of the key players in Hand Sanitizer Packaging market are 3M Co., The Himalaya Drug Company, Henkel Consumer Goods Inc, Chattem Inc, Kutol Products Company, Nice-Pak Products Inc, Medicine Industries Inc, Lion Corporation, Precise Packaging, The Dial Corporation, Henkel AG & Co KGaA, Byotrol plc, Godrej Consumer Products Ltd., GOJO Industries Inc., L Brands Inc., Procter & Gamble Co., Reckitt Benckiser Group Plc, S. C. Johnson & Son Inc., The Clorox Company., Unilever Group, ITC and Vi-Jon Inc.

Due to severe impact of COVID-19 pandemic across the globe, many small scale players are increase in Hand Sanitizer production and therefore it is expected that the small scale manufacturers also contribute major market share in global Hand Sanitizer packaging market.

Hand Sanitizer Packaging Market: Impact of COVID-19

As the COVID-19 outbreak has severely affected the developed as well as developing countries and people among all the age groups are suggested to use hand sanitizer and maintain hygiene by medical institutions of government of all countries, the Hand Sanitizer Packaging market is expected to grow at an exponential rate during the forecast period. The number of diseases and nature of diseases especially related to respiratory organs has increased over the last few years, it is anticipated that the awareness about the hygiene will increase further in future which in turn increase the Hand Sanitizer Packaging market during and after the course of pandemic.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.