Worldwide Hand Hygiene Industry to 2026- Enormous Opportunities in the Commercial Segment
Global Hand Hygiene Market is expected to reach USD 9.03 billion by 2026 from USD 2.17 billion in 2019, at a CAGR of 22.6% during the projected period. Rising health concerns and mounting popularity of hand wash and sanitizing products are expected to boost the overall hand hygiene market over the forecast period. An increasing number of extremely infectious diseases such as Ebola, H1N1 as well as COVID-19 and many others have caused in generating awareness regarding benefits of health hygiene aspects. The eruption of a global pandemic COVID-19 has led to significant demand for hand hygiene products. More and more players are now interested in entering this market due to tremendous opportunities assuring high ROI. The manufacturers promote awareness by celebrity endorsements, promotional activities, and various health-associated movements to ensure alertness among people about the essentials of proper handwashing practices. Innovative packaging and distribution networks of liquid hand wash and hand sanitizer have given a much-needed boost to the market.