Hand Sanitizer Market Size will Grow Profitably in the Near Future
Verfasser: ashwani_kailiya on Wednesday, 9 September 2020Rising consumer inclination towards personal hygiene is driving demand for hand sanitizers amid the global COVID-19 pandemic. While outbreak driven lockdowns and stay-at-home orders initially led to panic buying and stockpiling of hand sanitizer and other hygiene products in Q1 2020, shortages and price hike were the latter repercussions. A new Fact.MR report projects a strong growth outlook for hand sanitizer market, with 1.9X expansion in revenues over 2020 - 2030. Governments are exploring alternative avenues for meeting ever-rising production requirements.
"With demand for clinical hand hygiene products soaring at an incredible pace, it compels manufacturers to ramp up their production levels. However, continued shortages of isopropyl alcohol, supply chain disruptions, and lack of active labors remain key challenges facing manufacturers amid the pandemic," says the study.
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Key Takeaways of Hand Sanitizer Market Study