Hand Sanitizer - Northern Africa

  • Northern Africa
  • In 2024, the Hand Sanitizer market market in Northern Africa is projected to generate a revenue of US$42.52m.
  • It is anticipated that the market will experience an annual growth rate of 8.19% (CAGR 2024-2029).
  • When compared globally, the in the United States leads in terms of revenue, with an estimated amount of US$643.50m in 2024.
  • In relation to the total population, the per-person revenue in Northern Africa is expected to reach US$0.16 in 2024.
  • In Northern Africa, the demand for hand sanitizers in the OTC Pharmaceuticals market has surged due to increased awareness about hygiene and the ongoing COVID-19 pandemic.

Key regions: Germany, Europe, United States, Brazil, India

 
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Analyst Opinion

The Hand Sanitizer market in Northern Africa is experiencing significant growth due to changing customer preferences and increasing awareness about hygiene practices. Customer preferences in the Hand Sanitizer market in Northern Africa have shifted towards products that are convenient, portable, and effective. With the rise in urbanization and busy lifestyles, customers are looking for products that can be easily carried and used on-the-go. Hand sanitizers provide a quick and convenient solution for maintaining hand hygiene, especially in public places where access to soap and water may be limited. Additionally, customers are seeking hand sanitizers that are effective in killing germs and bacteria, as well as those that are gentle on the skin.Trends in the Hand Sanitizer market in Northern Africa indicate a growing demand for alcohol-based sanitizers. Alcohol-based sanitizers are considered more effective in killing germs and bacteria compared to non-alcohol-based alternatives. This trend can be attributed to the increasing awareness about the importance of hand hygiene in preventing the spread of diseases, including the recent COVID-19 pandemic. As a result, manufacturers are focusing on producing alcohol-based hand sanitizers to meet the rising demand.Local special circumstances in Northern Africa contribute to the development of the Hand Sanitizer market. The region experiences a hot and dry climate, which can lead to a higher risk of bacterial and viral infections. This has led to an increased emphasis on hand hygiene and the use of hand sanitizers as a preventive measure. Additionally, Northern Africa is a popular tourist destination, attracting visitors from around the world. The tourism industry plays a significant role in driving the demand for hand sanitizers, as tourists prioritize personal hygiene during their travels.Underlying macroeconomic factors also play a role in the growth of the Hand Sanitizer market in Northern Africa. The region has witnessed economic development and an increase in disposable income, allowing consumers to spend more on personal care products. Furthermore, government initiatives and public health campaigns promoting hand hygiene have created awareness and increased the adoption of hand sanitizers among the population.In conclusion, the Hand Sanitizer market in Northern Africa is experiencing growth due to changing customer preferences, increasing awareness about hygiene practices, local special circumstances, and underlying macroeconomic factors. The demand for alcohol-based hand sanitizers is on the rise, driven by the need for effective germ-killing solutions. As the market continues to evolve, manufacturers and retailers in Northern Africa should adapt their strategies to meet the changing demands of customers.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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