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India Hospital Hand Sanitisers Market to Grow at a CAGR of 13.2% During 2021-2026, Driven by the Rising Health Awareness During the COVID-19 Outbreak

According to a new report by EMR titled, ‘India Hospital Hand Sanitisers Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 13.2% in the forecast period of 2021-2026 to reach a value of nearly INR 902.3 crore by 2026.

The India market for hospital hand sanitisers increased during the pandemic due to the escalated demand for protection against the coronavirus during 2020. Further, alcohol-based hand sanitisers are more effective in killing the bacteria present on the hands than traditional soaps and hand washes. As a result of increased demand from consumers, market players of hospital hand sanitisers are incorporating innovative production methods, such as the inclusion of bio-based and skin-friendly ingredients, which do not cause skin irritation, are furthering the market growth in the region. In addition to this, the market is further witnessing growth with the launch of perfumed hand sanitisers. Moreover, hand sanitisers are an essential product in healthcare facilities used by doctors, staff, and patients to control the spread of hospital-acquired infections. Furthermore, due to the rising dependency on online retail channels like Amazon and Flipkart to reduce physical contact, the market growth for hospital hand sanitisers is experiencing robust growth.

BioShields, a subsidiary of Tulip Diagnostics Pvt. Ltd., is involved in the manufacture of high technology disinfectants for general, medical, and industrial use. The sanitisers offered by the company include a variety of products, including hand hygiene products, antiseptics, environment and surface disinfectants, instrument disinfectants, and disinfection equipment and accessories, among other products. The products attract a huge customer base due to the availability of the products through online retail channels, such as Netmeds.com (OTCMKTS: NTME). The ongoing digital shift of several key players in the industry is expected to cater to an increased customer base over the forecast period, consequently propelling the market growth of hospital hand sanitisers.

Market Analysis by Product, Distribution Channel, and Region:

  • On the basis of product, the market can be segmented into gel, and liquid, among others.
  • Based on distribution channels, the market can be categorised into direct purchase and B2B distribution.
  • The major regional markets for hospital hand sanitiser in India are North India, East India, West India, and South India.

Key Findings of the Report:

  • The market witnessed escalated demand from the healthcare sector during the COVID-19 outbreak, where the product was used by healthcare professionals to contain the spread of the coronavirus.
  • The market is being driven by favourable government measures, such as the declaration of hand sanitisers as essential products, free distribution of hand sanitisers, and growing awareness regarding the importance of personal hygiene.
  • The increasing demand for bio-based and skin-friendly alternatives to chemically sourced hand sanitisers is another growth generating factor aiding the overall market growth of hospital hand sanitisers in India.
  • The market is further expected to be aided by the launch of new and innovative hand sanitisers to better assist the dynamic healthcare sector.

Key Offerings of the Report:

  • The EMR report gives an overview of the India hospital hand sanitisers industry in India for the periods (2016-2020) and (2021-2026).
  • The report also offers historical (2016-2020) and forecast (2021-2026) markets for products, distribution channels, and regions of hospital hand sanitisers.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the India hospital hand sanitisers market are Schulke India Pvt. Ltd., Eclat Pharma & Aerosols Pvt. Ltd., BioShields (Tulip Diagnostics Pvt. Ltd.), Raman & Weil Pvt. Ltd., Microgen Hygiene Pvt. Ltd., and PSK Pharma Pvt. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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