The global sales of sanitizer sachet market are estimated to be worth USD 1.5 billion in 2021 and are anticipated to reach a value of USD 2.3 billion by 2031. Sales are projected to rise at a CAGR of 4.6% over the forecast period between 2021 and 2031. The revenue generated by sanitizer sachet market in 2020 was USD 1.4 billion.
Convenience and portability in hand sanitizing create demand, but the added boost to demand comes from heightened health awareness and an increased focus on cleanliness. The travelling, events, and on-the-go lifestyles of more people today have created further demand for single-use sachets that provide easy access to hand sanitizers.
Innovations in sachet packaging-like tamper evidence seals or user-friendly designs-foster greater consumer appeal. Furthermore, increased retail and e-commerce channel penetration exposes these sachets to a wide range of customers. Growing hygiene concerns both in public and private places also accelerate the growth of the market.
Global Sanitizer Sachet Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 1.4 billion |
| Estimated Size, 2021 | USD 1.5 billion |
| Projected Size, 2031 | USD 2.3 billion |
| Value-based CAGR (2021 to 2031) | 4.6% |
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Increased awareness of hand cleanliness is gaining traction as a critical approach for reducing nosocomial infections. As a result, hand hygiene is the most essential aspect of personal care, resulting in the widespread use of hand sanitizers. Additionally, the growing impact of social media and online marketing has exposed individuals to contemporary personal care and hygiene trends, which is driving up consumer use of hand sanitizers as a whole.
Furthermore, the government promotes the use of hand care products in order to raise consumer awareness and prevent health problems. The WHO and the FDA, for example, have taken steps to raise public awareness about hand hygiene and the dangers associated with not doing so, which has made the consumers more aware about the concerns of hand hygiene.
To enhance this market's scope, well-known manufacturers such as Henkel Corporation, Unilever, and Procter & Gamble, are offering hand sanitizers in handy packaging such as sachets and small bottles, which makes it easy to use as it is more portable and convenient and in turn has made the product popular among the consumers.
Key players are focusing on expansion of in the market through easy product availability by launching hand sanitizers in small sachets of 1ml and 2ml, which completes the goal of making these hand sanitizers easily accessible and inexpensive too. This in turn will also benefit the consumers in the non - accessible parts of different countries all across the globe.
The COVID-19 pandemic has had an enormous effect on the aviation sector, impacting passenger flow, air freight demand, airport employment, and inbound revenues.
To curb the spread of the deadly virus, airports and various airlines worldwide are laying emphasis on the disinfection and sanitization of all the surface touchpoints in the aircraft cabins and are also providing the flight attendants with personal safety kit each containing a face shield, facemasks and sanitizer pouches.
This in turn creates a vast opportunity for the key players to focus on products like sanitizer pouches, which will continue to be in high demand as slowly the travel industry is making its way to open up slowly and steadily as some of the countries are now opening up for travel.
Principal Consultant
The Sanitizer market as a whole is projected to be driven by growing concern for health and hygiene. The market in these developed countries is growing due to increasing product availability and increased penetration of both online and offline channels.
With the presence of larger number of market players in US and Canada coupled with the ease of carrying the small sachets as part of daily routine can provide growth traction to the sanitizer sachet market in the coming assessment period.
The region of APAC is estimated to be one of the major markets for Sanitizer Sachet owing to the increasing consumer awareness regarding hand hygiene, still high prevalence of offline shopping and increasing government initiatives to curb the spread of Covid-19, which is fueling the demand for sanitizer pouches in countries like India and China.
Especially in markets such as India where affordability plays a bigger role, market for sanitizer pouches provides a new opportunity as it is cost effective at the first place and will also have the key proposition of easy availability, especially in grocery stores in the rural areas throughout the country. These key driving factors are expected to fuel the demand for sanitizer sachet market in the future.
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Some of the leading manufacturers and suppliers of Sanitizer Sachet include
Companies are majorly concentrating on growing their manufacturing capacity and implementing novel technology to fulfil customer demand for hand sanitizers. Recently, the key manufacturers are extending the size of the sanitizers in bigger packs such as 5 litre and are also introducing the budget friendly sachets of 2, 5 and 10 ml with an aim to make it easily affordable and accessible to their customers.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Sanitizer Sachet Market
