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Europe Alcohol Hand Sanitizer Market - By Form , By Application , By Type , By Distribution Channel , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030
Europe Alcohol Hand Sanitizer Market Overview
The Europe Alcohol Hand Sanitizer Market Size is forecast to reach $ 1210.2 Million by 2030, at a CAGR of 7.50% during forecast period 2024-2030. Hand sanitizers have been actively used across the globe owing to the pandemic. Moreover, various health governing councils such as the FDA, have recommended the population to use hand sanitizer in the case where soap and water are not available. Additionally, strict regulation has been kept in place, as severe cases of skin damage were reported by people selling sanitizer, with the base as methanol. The following antimicrobial agents have the potential to break through the cell of the viruses and save the person’s hands and thereby the infection. The most commonly used hand antiseptics involves aqueous scrubs and alcohol rubs. The following disinfectants only felt their need post the pandemic, and before that, the market was not so substantial. Hence, it can also be said when the pandemic runs its course, the antibacterial gel sales will suffer dramatically. However, there are other potential applications that will allow its use. Moreover, its need would be felt in cases of operation, and for other purposes as well. The increasing cases of chronic illnesses thereby increasing the number of operations along with growing care for hand hygiene has acted as the key factor driving the European Alcohol Hand Sanitizer Industry.
Report Coverage
The report: “Europe Alcohol Hand Sanitizer Market Forecast (2024-2030)”, by Industry ARC covers an in-depth analysis of the following segments of the Europe Alcohol Hand Sanitizer Market.
By Form- Gel, Liquid, Foam, and Wipes.
By Application- Domestic/ Household, Healthcare Institutions, Hospitals and Clinics, and Others.
By Type- Ethanol/ Ethyl Alcohol and Isopropyl Alcohol.
By Distribution Channel- Offline Retail and Online Retail.
By Country- Germany, France, United Kingdom, Italy, Spain, Russia, and the Rest of Europe.
Key Takeaways
- Geographically, the UK held a dominant market share in the year 2021 owing to the surge in Covid-19 cases and associated waves, which propelled the population to adopt COVID appropriate behavior.
- The increasing sales owing to multiple distribution channels along with the ready awareness to prevent infectious diseases such as COVID-19 has been a key market driver in the projected period of 2022-2027. However, owing to strict government regulations and various counterfeit products causing illnesses have acted as a key market challenge.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the European Alcohol Hand Sanitizer Market.
Europe Alcohol Hand Sanitizer Market- Form (%) in 2021.
Europe Alcohol Hand Sanitizer Market Segmentation Analysis - By Form
Europe Alcohol Hand Sanitizer Market can be further segmented into Gel, Liquid, Foam, and Wipes. Gel held a dominant market share in the year 2021. It is owing to the predominant usage of isopropyl alcohol in the following form of a gel. Also, they are portable and can be taken out in a purse or in wherever one deems necessary.
However, Liquid is estimated to be the fastest-growing, with a CAGR of 8.3% over the forecast period of 2024-2030. It is owing to the various benefits it offers over the former. For example, the discussed form takes less than 15 seconds to dry, whereas a gel-based solution can take more than 30 seconds. Additionally, liquid hand sanitizer leaves behind low residue on skin as and when compared to the gel, thereby reducing the chances of latching on skin infection. The following factors would allow for the growth of this subsegment.
Europe Alcohol Hand Sanitizer Market Segmentation Analysis - By Application
The European Alcohol Hand Sanitizer Market based on the application can be further segmented into Domestic/ Household, Healthcare Institutions, Hospitals and Clinics, and Others. Domestic/Household held a dominant market share in the year 2021. It is owing to the rising number of covid cases across the region. Additionally, a trend has been noticed by marketers, which indicate that whenever cases surge, the number of bottles sold pro-actively increase. It is owing to the sudden fear generated as and when one hears about new cases and mortality.
Moreover, the domestic/ household segment is estimated to be the fastest-growing, with a CAGR of 8.5% over the forecast period of 2024-2030. It is owing to the rising awareness pertaining to hand hygiene. The geriatric population is immense in the following region, and so are the cases of operations and others. Post-operative care requires one to follow hand hygiene at their very best as the chances of catching an infection post-surgery can prove out to be fatal. Hence, the following would allow the segment to grow at a lucrative pace.
Europe Alcohol Hand Sanitizer Market Segmentation Analysis - By Countries
The European Alcohol Hand Sanitizer Market based on countries can be further segmented into Germany, France, United Kingdom, Italy, Spain, Russia, and the Rest of Europe. The United Kingdom held a dominant market share of 8.4% as compared to its other counterparts. It is predominantly owing to the pandemic which has hit the European region hard, especially the United Kingdom. A total of 11 million cases have had happened within the UK, and the region has a high age distribution favoring the old, hence a prolific demand has been seen.
However, Germany is estimated to offer lucrative growth opportunities to marketers in the projected period of 2024-2030. It is owing to the overall cleanliness standards in place, in countries like Germany. Moreover, WHO’s call across European regions to maintain hand hygiene to control the spread of health-care-associated infections will aid the market growth.
Europe Alcohol Hand Sanitizer Market Drivers
The increasing cases of corona virus have allowed the growth of the market
WHO declared Sars-Cov-19 as a pandemic in March 2020. Moreover, the prevalence of the disease was highly felt in the European regions, as the region has a predominant portion of their population as geriatric. Various researchers have suggested and declared a strong correlation between senior age and fatality. Forty million cases were diagnosed in the European Union, and the number of fatalities will be close to 1 million by 2021. Lastly, around 91 million people in the region are above 65+. Hence, the region is continuing the use of hand sanitizer as it boosts confidence and is scientifically proven. The following factor has acted as one of the key drivers in the study period and for the projected period of 2022-2027.
An increasing case of antibiotic-resistant drugs has allowed for the growth of the following market
Anti-biotic drugs mean that when the bacteria or fungi continue to grow, and the usage of anti-biotic has no effect in curing it- thereby increasing the fatality of the disease. Such infections are incredibly difficult to treat. Hence, hand hygiene has been identified as the key factor one can take to keep such bacterial at bay. Hand hygiene included washing hands with soap or using an alcohol-based sanitizer. But, owing to the difficulty in finding solutions to have a proper handwash, people prefer sanitizer. Additionally, to save water, the latter has more beneficial properties. Sepsis, a life-threatening situation, affects approximately 3.4 million Europeans. Similarly, other chronic illnesses will allow the market to grow.
Europe Alcohol Hand Sanitizer Market Challenges
Owing to strict government regulations and various counterfeit product causing illnesses to have acted as a key market challenge
Government regulations have been pro-actively regulating the sales of alcohol. Additionally, a lot of counterfeit products have been looming in the market. For example, in October 2020, a Canadian Firm, which goes by the name of Northern National Sales Inc, and sold Zytec Germ Buster Hand Sanitizer had to do a product recall of its 1-liter hand sanitizer. Moreover, the cases have not just been limited to one firm. Moreover, Amazon had to reach out to the product manufacturer and return around 18,000 items of hand sanitizer in the European Union. Such incidences, along with the sale of methanol-based alcohol, which causes toxicity and adverse health effects have further dampened the sale of the product.
Europe Alcohol Hand Sanitizer Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in this market. European Alcohol Hand Sanitizer Market top 10 companies include:
- 3M Company
- Best Sanitizers Inc
- Chattem Inc
- Gojo industries INC.
- Henkel AG & Company
- KGaA
- Kutol Products Company
- Lion Corporation
- Medline Industries Inc
- Nice-Pak Products Inc
Recent Developments
- In March 2020, INEOS announced that it would build a third factory only to make hand sanitizer. Moreover, the factory was ready within ten days and has the capacity to produce 1 million bottles in a month. The factory’s location was kept in France, and the product would be sold for free to the hospitals. The company would also try to address the shortage in hospitals, schools, workplaces, and supermarkets in general.
- In March 2020, The French company behind the brand Louis Vuitton agreed to produce 12 tones of sanitizers each week and outsource it to the population afflicted with Corona virus. Moreover, the brands which were sold under the label of Christian Dior, Guerlain, and Givenchy were identified to manufacture it. The following sanitizers would be sold at no-cost across 39 hospitals in Paris. Hospitals haven’t had run out of supplies but were observing a strained usage.
- In May 2020, BASF is significantly expanding the production of disinfectants at its Ludwigshafen site. In addition to the isopropanol-based hand sanitizer manufactured to date, BASF has now started production of hand sanitizer based on bioethanol. With the additional quantities of up to 100,000 liters of hand sanitizer per week, the company will support the new nationwide. Earlier, the company was only manufacturing isopropanol-based sanitizer in its Ludwigshafen site.
Key Market Players:
The Top 5 companies in the Europe Alcohol Hand Sanitizer Market are:
- 3M
- Best Sanitizers, Inc.
- GOJO Industries, Inc.
- Henkel Corporation
- Lion Safety Ltd.
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