The new report by Expert Market Research titled, ‘India Hospital Hand Sanitisers Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the India hospital hand sanitisers market, assessing the market based on its segments like product, distribution channel, and regional markets among others.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 13.2%
The spread of the coronavirus pandemic has boosted the demand for hospital hand sanitizers. The country’s growing COVID-19 infection rates put a premium on personal hygiene goods like hand sanitizers and gloves, propelling the entire market for hospital hand sanitizers. In addition, under the Essential Commodities Act of 1955, the Indian government designated hand sanitizers as an essential product.
In addition, the rising number of illnesses and the resulting need for hospitalisation fueled the expansion of the liquid hand sanitizer market in the nation. Furthermore, in order to prevent exploitation within the business, the government took severe efforts to regulate the market price of hand sanitisers, stabilising their price in the face of massive demand.
Furthermore, favourable actions adopted by several state governments to distribute hand sanitizers aided the expansion of the sector in India. As a result of the COVID-19 pandemic in India in 2020, the market saw a significant increase in demand for hospital hand sanitizers.
Industry Definition and Major Segments
A hand sanitizer, often known as a hand rub, is an antiseptic solution that is applied to the hands to kill disease-causing bacteria. It’s made up of alcohol, water, emollients, polyacrylates, artificial and natural colours, and perfumes, and comes in foam, gel, and liquid forms. Isopropanol and ethanol, which are included in hand sanitizers, rapidly denature proteins and remove lipid-based coverings on some viruses and bacteria.
Emollients and other substances are added in tiny amounts to protect the skin from the alcohol’s drying effects, counteract the acidic effects of polyacrylate, and improve the product’s scent and look. The chemicals are carried by the water, which binds nicely with the hydrogel.
On the basis of product, the India hospital hand sanitisers market can be divided into:
Based on distribution channel, the India hospital hand sanitisers market can be segmented into:
• Direct Purchase
• B2B Distribution
The major regional markets of the India hospital hand sanitisers market are:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa regions
The increased demand for disinfectants to prevent the spread of coronavirus infection is driving the regional market for hospital hand sanitizers. The increased demand for hand sanitisers from the residential and healthcare sectors has resulted in the development of major market players to penetrate the regional market, which is assisting the market expansion of hospital hand sanitisers in India substantially.
Furthermore, novel manufacturing processes, such as liquid and gel hand sanitisers laced with appealing scents, increased demand, particularly among young clients. In addition, the growing demand for bio-based and skin-friendly alternatives to chemically derived hand sanitisers is assisting the overall market expansion of hospital hand sanitisers in India. Furthermore, the simple availability of hospital hand sanitisers to clinics, hospitals, and other healthcare facilities via direct purchase or B2B distribution is boosting the market growth of hospital hand sanitisers in the nation.
Key Market Players
The major players in the market are Schulke India Pvt. Ltd., Eclat Pharma & Aerosols Pvt. Ltd, BioShields (Tulip Diagnostics Pvt. Ltd.), Raman & Weil Pvt. Ltd., Microgen Hygiene Pvt. Ltd., PSK Pharma Pvt. Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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