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.
In the medical sector, the demand augmented for the sanitizers by preventing (HAIs) hospital-acquired infections providing healthcare investments, and the high-end safer medical environment by healthcare professionals. Due to COVID-19, the demand for hand sanitizer is increased by the pandemic in the country. In India, the demand-supply of hand sanitizer is increased and in the market high prices product. Covered the demand of the hand sanitizer the government gives permission to many companies for the production of the hand sanitizers is an increase in the different regions and there expand the manufacturers fulfill the need of hand sanitizer in the market. The Indian government has been an issue the licenses of hand sanitizer for the production and several new manufacturers of the produced are introduced and supply in the bulk of the hand sanitizer market in the country. The hand sanitizers are improving the product quality and this will help in improving the consumer living standards there is the availability of several distribution channels online and offline for the hand sanitizers in India. In the upcoming years, the IMARC group is expected to continue it will have a strong growth of the hand sanitizer in the market.
The Outbreak of the Corona Virus in India’s After Sanitizer Grew
The market share of the top three brands and fell to 39 percent in March from 85 percent in.
According to Nielsen India, the high pathogen spread rapidly despite the lockdown the despite is the pathogen spread of despite is highly contagious pathogen is spread despite the lockdown there have. The 152 new manufacturers start making the sanitizers share 61% of the value of the share. There are top three brands such as Lifebuoy from Hindustan Unilever Ltd., Dettol from Reckitt Benckiser India Ltd., and Pure Hands by Himalaya Drug Company Pvt. Ltd from January and February there has market share. The new Corona Virus didn’t have any vaccine available in the market the important step to avoid the coronavirus is cleaning hands with sanitizer that containing 60 percent of alcohol is going to avoid the infection. Corona Virus is spread by 3 million people and in India 42,000. The demand of sanitizers is increased Nielsen 87 percent from the April 10-14 of 58 percent in March. The industry has a different category such as BloombergQuint which is too expected in the upcoming years.
There are so many fast-moving companies such as Jyothy Laboratories Ltd, Dabur India Ltd., Emami Ltd., Marico Ltd., and ITC Ltd., which is going to capture the portion in the market. India jumped in Liquor maker Diageo and ITC is turned in the perfume factory that is in the Himachal Pradesh that churn out the salon-branded. ‘veggie clean’ is launched by the fruit and vegetable cleaner.
The consumer behavior and needs are changing according to the pandemic. Now a day increase in the demand for health and hygiene brands, Nimble, and Savlon. Due to infection, the consumer is looking for the safety and supply assurance the personal care products business chief executive is offer “Sameer Satpathy at the ITC the email said to BloombergQuint. Managing director and chairman of Hindustan Unilever Sanjiv Mehta said it is very difficult to gauge the sanitizers the demand at the current level is going to be high. He said by teleconference the company is ramped up the production of sanitizers in the lockdown.
The consumer care of Wipro and Asian Paints Ltd. Have hand sanitizer category. ‘viroprotek’ is the product brand that is launched by the paint maker and Wipro sells under the brand name of ‘Hygienix’ is acquired in April 2019 by Philippines-based splash corporation. The Wipro comments on the query of BloombergQuint’s. According to the research report, the companies need the contract manufacturer of sanitizers the companies need the drug license to make a product and claim 99.9 percent of kill’s germs there going to produce under cosmetic license. The lockdown lifted the smaller SKUs the person BloombergQuint anonymity. In Maharashtra, the sugar mills are allowed to produced sanitizers in the bulk.
Key Highlights of the Report:
- India Hand Sanitizer Market Overview
- India Hand Sanitizer Market Outlook
- India Hand Sanitizer Market Forecast
- Historical Data of India Hand Sanitizer Market Revenues for the Period 2016-2019
- India Hand Sanitizer Market Size and India Hand Sanitizer Market Forecast of Revenues until 2026
- Historical Data of India Hand Sanitizer Market Revenues, By Product Type for the Period 2016-2019
- Market Size & Forecast of India Hand Sanitizer Market Revenues, By Product Type until 2026
- Historical Data of India Hand Sanitizer Market Revenues, By Product Form for the Period 2016-2019
- Market Size & Forecast of India Hand Sanitizer Market Revenues, By Product Form until 2026
- Historical Data of India Hand Sanitizer Market Revenues, By Distribution Channel for the Period 2016-2019
- Market Size & Forecast of India Hand Sanitizer Market Revenues, By Distribution Channel until 2026
- Historical Data of India Hand Sanitizer Market Revenues, By End Users for the Period 2016-2019
- Market Size & Forecast of India Hand Sanitizer Market Revenues, By End Users until 2026
- India Hand Sanitizer Market Drivers and Restraints
- 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 Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
The India hand sanitizer market report provides a detailed analysis of the following market segments:
- By Product Type
- Non-Alcohol Based
- By Distribution Channel
- By End Users
- Domestic Household
- Educational Institution
- Others (Public & Private offices, Retail, Transportation, etc.)