Hand Sanitizer (Pharmacies) - Chad

  • Chad
  • Revenue in the Hand Sanitizer market is projected to reach US$0.65m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.00%, resulting in a market volume of US$0.65m by 2029.
  • In global comparison, most revenue will be generated in China (US$385.20m in 2024).
  • In relation to total population figures, per person revenues of US$0.03 are generated in 2024.

Key regions: Japan, United States, Europe, United Kingdom, Canada

 
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Analyst Opinion

The Hand Sanitizer (Pharmacies) market in Chad has been experiencing significant growth in recent years. Customer preferences have shifted towards increased hygiene practices, leading to a surge in demand for hand sanitizers. Additionally, local special circumstances, such as the ongoing COVID-19 pandemic, have further fueled the market growth. Customer preferences have played a crucial role in driving the demand for hand sanitizers in Chad. With the increased awareness about the importance of hand hygiene, consumers have become more conscious about maintaining cleanliness and preventing the spread of germs. This has led to a higher demand for hand sanitizers, especially in pharmacies. Customers prefer the convenience and portability of hand sanitizers, making them a popular choice for maintaining hygiene on the go. Trends in the market indicate a growing preference for alcohol-based hand sanitizers. Alcohol-based sanitizers are known for their effectiveness in killing germs and viruses, including the COVID-19 virus. As a result, customers are more inclined towards purchasing hand sanitizers with a higher alcohol content. Pharmacies in Chad have been quick to adapt to this trend by stocking a wide range of alcohol-based hand sanitizers to cater to the growing demand. The local special circumstance of the COVID-19 pandemic has had a significant impact on the Hand Sanitizer (Pharmacies) market in Chad. The pandemic has heightened the importance of hand hygiene, leading to a surge in demand for hand sanitizers. Consumers are now more cautious about preventing the spread of the virus and are actively seeking hand sanitizers as a preventive measure. Pharmacies have witnessed a sharp increase in sales of hand sanitizers as customers prioritize their health and safety. Underlying macroeconomic factors, such as increasing disposable income and urbanization, have also contributed to the growth of the Hand Sanitizer (Pharmacies) market in Chad. As the economy continues to develop, more people have access to healthcare facilities, including pharmacies. This has led to an increase in the number of potential customers for hand sanitizers. Furthermore, urbanization has resulted in a higher concentration of population in cities, leading to a higher demand for hygiene products like hand sanitizers. In conclusion, the Hand Sanitizer (Pharmacies) market in Chad is witnessing significant growth driven by customer preferences for increased hygiene practices and the local special circumstance of the COVID-19 pandemic. The market trends indicate a growing preference for alcohol-based sanitizers, while underlying macroeconomic factors like increasing disposable income and urbanization further contribute to the market's development.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. 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 relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
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