Market Forecast By Product Type (Non-Alcohol Based, Alcohol Based), By Product Form (Gel, Foam, Spray & Others), By Distribution Channel (Online, Offline), By End Users (Healthcare, Domestic Household, Educational Institution, Hospitality & Others (Public & Private offices, Retail, Transportation, etc.)) and competitive landscape
Product Code: ETC002179 | Publication Date: Sep 2022 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Hand Sanitizer market currently, in 2023, has witnessed an HHI of 2027, Which has increased moderately as compared to the HHI of 1911 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
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Report Name | Thailand Hand Sanitizer Market |
Forecast period | 2024-2030 |
CAGR | 6.25% |
Growing Sector | Health Products |
The Thailand Hand Sanitizer Market report comprehensively covers the market by Product Type, Product Form, Distribution Channel, and End Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that will assist stakeholders in planning and aligning their market strategies in accordance with the current and future market dynamics.
Thailand's hand sanitiser market is expanding significantly, propelled by the country's healthcare, domestic household, educational, and hospitality industries. Maintaining appropriate hand cleanliness is becoming more and more important as the need for hand hygiene rises. The market's growth is impacted by a range of product categories, including Gel, Foam, Spray, and Alcohol and Non-Alcohol Based products, as well as offline and online distribution channels. Global producers of hand sanitisers are collaborating with regional trailblazers to expand the assortment of these goods. Thailand demonstrates its commitment to this industry by providing high-quality hand sanitiser solutions, emphasising sanitation that is dependable, high-quality, and hygienic.
According to 6Wresearch, the Thailand Hand Sanitizer Market size is projected to grow at a robust CAGR of 6.25% during the forecast period 2024-2030. There are a number of important reasons why hand sanitiser sales are increasing in Thailand. Growing health consciousness and urbanisation are the main forces behind the need for effective hygiene measures. Given their critical role in maintaining appropriate hand hygiene, hand sanitiser usage is on the rise. The market is expanding because more people are becoming aware of the advantages and uses of technologically sophisticated hand sanitisers. The market's expansion can be attributed in large part to the hand sanitizer's multiple applications, which can be found in both home and medical settings. The market expansion for hand sanitisers in Thailand is driven by a number of factors, including rising health consciousness, industrial norms, consumer preferences, and product advantages.
Like any other expanding sector, the hand sanitiser market in Thailand faces obstacles that must be overcome to see continued expansion. These include handling the supply chain's intricacies, controlling fluctuating raw material costs, and adhering to strict sanitary regulations. Other difficulties include the requirement for ongoing innovation and the rapid alterations in technological trends. Disruptions in the global hygiene product supply chain could have an impact on market growth. To remain competitive, the hand sanitiser sector must overcome these obstacles. Investing in R&D, forming clever alliances, supply chain management, and taking a flexible stance towards the intricacies of the industry are some of these answers.
Leading players in the Thailand Hand Sanitizer Market include Thailand Hand Sanitizer Company, Al-Ahleia Hygiene Co., and Safat Hygiene Co. These companies are known for their expertise in offering high-quality sanitizers for various sectors.
Government laws that guarantee sustainability, fair trade standards, and quality requirements have a big influence on the Thai hand sanitiser business. The Thai government has established rules for a number of economic sectors in an effort to safeguard customers and advance moral business conduct. These rules address a wide range of topics, such as upholding strict quality standards, using sustainable practices in the sanitiser manufacturing process, and requiring more precise labelling for products. Furthermore, environmental concerns can be addressed by government rules mandating sustainable practices in the design and production of sanitisers. Businesses in Thailand's hand sanitiser industry must abide by these rules in order to keep their good name and please clients.
In the upcoming years, Thailand's hand sanitiser market is anticipated to increase significantly as innovation keeps up its current pace. Thailand's market is anticipated to grow as a result of rising health consciousness and an emphasis on cleanliness. The industry's focus on quality and safety, along with elements like improved features of high-tech sanitisers and user-friendly product design, should propel market evolution. Because of this, it is anticipated that the Thai hand sanitiser market will grow, innovate, and increase in value throughout the course of the forecast period. Businesses in this sector stand to gain from these adjustments by adapting to changing client needs and coordinating their plans with goals related to health and sanitation.
According to Dhaval, Research Manager, 6Wresearch, the product type forecasted to show the highest growth in future years is "Alcohol Based". Factors driving the growth of this market include increased health awareness, infrastructural development, and a focus on maintaining cleanliness.
The product form that is anticipated to grow at a large rate is gel. Gel-based sanitisers are becoming more and more used in the home, hospital, and institutional sectors because of their exceptional effectiveness and ease.
The distribution channel expected to witness substantial growth is Online. This is attributed to the increasing digital penetration and ease of procuring products online.
The end user segment expected to witness substantial growth is Healthcare. This is due to the increasing adoption of hand sanitizers in the healthcare sector for maintaining hygiene and preventing disease spread.
The report offers an in-depth study of the following market segments:
TABLE OF CONTENTS |
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Thailand Hand Sanitizer Market Overview |
3.1. Thailand Hand Sanitizer Market Revenues, 2020-2030F |
3.2. Thailand Hand Sanitizer Market Revenue Share, By Product Type, 2020 & 2030F |
3.3. Thailand Hand Sanitizer Market Revenue Share, By Product Form, 2020 & 2030F |
3.4. Thailand Hand Sanitizer Market Revenue Share, By Distribution Channel, 2020 & 2030F |
3.5. Thailand Hand Sanitizer Market Revenue Share, By End Users, 2020 & 2030F |
3.6. Thailand Hand Sanitizer Market-Industry Life Cycle |
3.7. Thailand Hand Sanitizer Market-Porterโs Five Forces |
4. Thailand Hand Sanitizer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Thailand Hand Sanitizer Market Trends |
6. Thailand Hand Sanitizer Market Overview, By Product Type |
6.1. Thailand Hand Sanitizer Market Revenues, By Non-Alcohol Based, 2020-2030F |
6.2. Thailand Hand Sanitizer Market Revenues, By Alcohol Based, 2020-2030F |
7. Thailand Hand Sanitizer Market Overview, By Product Form |
7.1. Thailand Hand Sanitizer Market Revenues, By Gel, 2020-2030F |
7.2. Thailand Hand Sanitizer Market Revenues, By Foam, 2020-2030F |
7.3. Thailand Hand Sanitizer Market Revenues, By Spray, 2020-2030F |
7.4. Thailand Hand Sanitizer Market Revenues, By Others, 2020-2030F |
8. Thailand Hand Sanitizer Market Overview, By Distribution Channel |
8.1. Thailand Hand Sanitizer Market Revenues, By Online, 2020-2030F |
8.2. Thailand Hand Sanitizer Market Revenues, By Offline, 2020-2030F |
9. Thailand Hand Sanitizer Market Overview, By End Users |
9.1. Thailand Hand Sanitizer Market Revenues, By Healthcare, 2020-2030F |
9.2. Thailand Hand Sanitizer Market Revenues, By Dometic Household, 2020-2030F |
9.3. Thailand Hand Sanitizer Market Revenues, By Educational Institution, 2020-2030F |
9.4. Thailand Hand Sanitizer Market Revenues, By Hospitality, 2020-2030F |
9.5. Thailand Hand Sanitizer Market Revenues, By Others, 2020-2030F |
10. Thailand Hand Sanitizer Market Key Performance Indicators |
11. Thailand Hand Sanitizer Market Opportunity Assessment |
11.1. Thailand Hand Sanitizer Market Opportunity Assessment, By Product Type, 2030F |
11.2. Thailand Hand Sanitizer Market Opportunity Assessment, By Product Form, 2030F |
11.3. Thailand Hand Sanitizer Market Opportunity Assessment, By Distribution Channel, 2030F |
11.4. Thailand Hand Sanitizer Market Opportunity Assessment, By End Users, 2030F |
12. Thailand Hand Sanitizer Market Competitive Landscapeย |
12.1. Thailand Hand Sanitizer Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Thailand Hand Sanitizer Market Revenue Share, By Companies, 2023 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |