Market Size of South America Hand Sanitizer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Hand Sanitizers Market Analysis
South America Hand Sanitizer market is anticipated to be growing at a CAGR of 7.5% during the forecast period (2020-2025).
- The market for hand sanitizers are growing in the region with the growing awareness that and hygiene is known to be effective in preventing community-acquired infections. The market growth is also attributed by the convenient packaging offering by the manufacturers and its quick effectiveness over normal soaps.
- The manufacturers in the region are also bringing various innovations in the products such as packaging innovations, natural ingredients etc. to get a grip over the market.
South America Hand Sanitizers Industry Segmentation
South America Hand Sanitizer Market is segmented by Type into Gel, Liquid, Spray, Foam, and Sanitizing Wipes. The market is segmented by Distribution Channels into Supermarkets & Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retailers, and Others. By Geography the market is segmented into Brazil, Argentina and Rest of South America.
By Form | |
Gel | |
Foam | |
Liquid | |
Spray | |
Sanitizing Wipes |
By Distribution Channel | |
Supermarket/Hypermarket | |
Convenience Stores | |
Pharmacies/Drug Store | |
Online Retailers | |
Others |
By Geography | |
Brazil | |
Argentina | |
Rest of South America |
South America Hand Sanitizer Market Size Summary
The South America hand sanitizer market is experiencing significant growth, driven by increasing awareness of hygiene and its role in preventing community-acquired infections. The market's expansion is further supported by manufacturers offering convenient packaging and the quick effectiveness of hand sanitizers compared to traditional soaps. Innovations in product offerings, such as packaging advancements and the incorporation of natural ingredients, are helping manufacturers gain a competitive edge. The market features both alcohol-based and alcohol-free hand sanitizers, with the former being preferred due to their prolonged efficacy. Despite the drying effect of alcohol, the inclusion of emollients in sanitizers helps mitigate this issue, contributing to their adoption, particularly in Brazilian hospitals.
The fragmented nature of the South America hand sanitizer market is characterized by the presence of various key players, including 3M Company, GOJO Industries, Inc., Essity AB, and Porta Hermanos S.A. These companies are actively engaging in strategies such as expansion and product innovation to meet the rising demand. Government initiatives, aligned with World Health Organization guidelines, have also played a crucial role in promoting hygiene practices, as seen in Brazil's implementation of Patient Safety Protocols by the National Health Surveillance Agency (ANVISA). These efforts underscore the importance of hand hygiene in public health, further fueling the market's growth trajectory.
South America Hand Sanitizer Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Form
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2.1.1 Gel
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2.1.2 Foam
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2.1.3 Liquid
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2.1.4 Spray
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2.1.5 Sanitizing Wipes
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2.2 By Distribution Channel
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2.2.1 Supermarket/Hypermarket
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2.2.2 Convenience Stores
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2.2.3 Pharmacies/Drug Store
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2.2.4 Online Retailers
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2.2.5 Others
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2.3 By Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Rest of South America
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South America Hand Sanitizer Market Size FAQs
What is the current South America Hand Sanitizer Market size?
The South America Hand Sanitizer Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)
Who are the key players in South America Hand Sanitizer Market?
3M, GOJO Industries Inc., Essity AB and Porta Hermanos S.A are the major companies operating in the South America Hand Sanitizer Market.