Market Insights Health OTC Pharmaceuticals

Hand Sanitizer - D-A-CH

D-A-CH

In the D-A-CH region, the revenue in the Hand Sanitizer market market is projected to reach US$176.30m in 2024.
This market is expected to experience an annual growth rate of 3.38% (CAGR 2024-2029).
When compared to other countries worldwide, the in the United States leads in terms of revenue generation with US$643.50m in 2024.
In relation to the total population, each person in the D-A-CH region generates approximately US$1.74 in revenues in 2024.
In Germany, the demand for hand sanitizers has surged in response to the COVID-19 pandemic, leading to shortages in stores.

Key regions: Australia, Germany, United States, China, Japan

Market

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Analyst Opinion

The Hand Sanitizer market in D-A-CH is witnessing significant growth due to changing consumer preferences and increased awareness about personal hygiene.

Customer preferences: Customers in D-A-CH are increasingly prioritizing health and hygiene, leading to a surge in demand for Hand Sanitizers. The ongoing COVID-19 pandemic has further accelerated this trend, as individuals are now more conscious about preventing the spread of germs and viruses. The convenience and effectiveness of Hand Sanitizers in killing germs quickly have made them a preferred choice for maintaining personal hygiene.

Trends in the market: One of the key trends in the Hand Sanitizer market in D-A-CH is the rising popularity of natural and organic products. Consumers are becoming more conscious about the ingredients used in Hand Sanitizers and are opting for products that are free from harmful chemicals. This trend is driven by the growing awareness about the potential side effects of certain chemicals on skin health and overall well-being.Another trend in the market is the increasing demand for travel-sized Hand Sanitizers. With travel restrictions easing and people resuming their travel plans, there is a higher need for portable and convenient sanitizing solutions. Travel-sized Hand Sanitizers allow individuals to maintain hygiene on the go, making them a popular choice among frequent travelers.

Local special circumstances: Germany, Austria, and Switzerland have well-developed healthcare systems and high standards of hygiene. This has created a favorable environment for the Hand Sanitizer market to thrive. Additionally, the presence of major pharmaceutical and personal care companies in the region has contributed to the availability and accessibility of a wide range of Hand Sanitizer products.

Underlying macroeconomic factors: The Hand Sanitizer market in D-A-CH is also influenced by macroeconomic factors such as population growth, disposable income, and government regulations. The growing population in the region, coupled with increasing disposable income, has led to higher spending on personal care products, including Hand Sanitizers. Moreover, government regulations and guidelines promoting hand hygiene have further boosted the demand for Hand Sanitizers.In conclusion, the Hand Sanitizer market in D-A-CH is experiencing robust growth due to changing consumer preferences, increased awareness about personal hygiene, and the impact of the COVID-19 pandemic. The market is characterized by a shift towards natural and organic products, as well as the demand for travel-sized sanitizing solutions. The well-developed healthcare systems and high hygiene standards in the region, along with favorable macroeconomic factors, are contributing to the market's growth.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.