Hand Sanitizer - Ireland

Ireland

Highlights

In Ireland, the revenue in the Hand Sanitizer market market is projected to reach US$3.62m in 2024.
It is anticipated that the market will experience an annual growth rate of 3.66% (CAGR 2024-2029).
When compared to other countries worldwide, the United States generates the highest revenue in this market, amounting to US$643.50m in 2024.
In terms of per capita revenue, each person in Ireland generates US$0.71 in 2024.
The demand for hand sanitizers in Ireland has surged due to increased hygiene awareness and the ongoing COVID-19 pandemic.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Hand Sanitizer market in Ireland has experienced significant growth in recent years, driven by increasing awareness of the importance of hand hygiene and the need for effective sanitization products.

Customer preferences: In Ireland, customers have shown a strong preference for hand sanitizers that are convenient to use, with portable and travel-friendly packaging. This is particularly evident in the demand for pocket-sized hand sanitizers that can be easily carried in bags or pockets. Additionally, customers are increasingly seeking hand sanitizers that are gentle on the skin, as there is a growing awareness of the potential for skin irritation or dryness with frequent use.

Trends in the market: One of the key trends in the Hand Sanitizer market in Ireland is the growing popularity of natural and organic hand sanitizers. Customers are becoming more conscious of the ingredients used in personal care products and are seeking alternatives to traditional hand sanitizers that may contain harsh chemicals. This trend is in line with the global shift towards natural and organic products, driven by increasing health and environmental concerns.Another trend in the market is the rising demand for hand sanitizers with added moisturizing properties. As customers become more aware of the potential for dry skin with frequent use of hand sanitizers, they are seeking products that not only kill germs but also nourish and hydrate the skin. Hand sanitizers that include moisturizing ingredients such as aloe vera or vitamin E are gaining popularity among consumers in Ireland.

Local special circumstances: Ireland has a strong healthcare system and a culture of prioritizing health and hygiene. This has contributed to the increased demand for hand sanitizers, particularly in healthcare settings such as hospitals and clinics. Additionally, the tourism industry in Ireland has also played a role in driving the demand for hand sanitizers, as visitors from around the world are increasingly conscious of the need for hand hygiene while traveling.

Underlying macroeconomic factors: The Hand Sanitizer market in Ireland is also influenced by macroeconomic factors such as population growth, urbanization, and disposable income levels. With a growing population and increasing urbanization, there is a larger customer base for hand sanitizers in urban areas where people are more likely to be exposed to germs and bacteria. Moreover, rising disposable income levels have made hand sanitizers more affordable and accessible to a wider range of consumers in Ireland.In conclusion, the Hand Sanitizer market in Ireland has witnessed significant growth due to increasing awareness of hand hygiene and the need for effective sanitization products. Customer preferences for convenient and gentle hand sanitizers, as well as the trends towards natural and moisturizing products, have shaped the market. Local special circumstances, such as the strong healthcare system and the tourism industry, have also contributed to the demand. Overall, underlying macroeconomic factors such as population growth, urbanization, and disposable income levels have played a role in driving the market's development.

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.