Key regions: Japan, United States, Europe, United Kingdom, Canada
The Hand Sanitizer (Pharmacies) market in China is experiencing significant growth due to several factors.
Customer preferences: Chinese consumers have become increasingly health-conscious in recent years, leading to a higher demand for hand sanitizers. The COVID-19 pandemic has further accelerated this trend, with people prioritizing personal hygiene and taking preventive measures to avoid the spread of germs. As a result, hand sanitizers have become an essential item for many individuals, especially in densely populated cities where the risk of infection is higher.
Trends in the market: One of the key trends in the Hand Sanitizer (Pharmacies) market in China is the rising popularity of natural and organic hand sanitizers. Consumers are becoming more aware of the potential harmful effects of certain chemicals found in traditional hand sanitizers and are seeking safer alternatives. This has led to an increase in demand for products that are made from natural ingredients and free from harsh chemicals. Another trend in the market is the growing preference for portable hand sanitizers. Chinese consumers lead busy lifestyles and are often on the go, making portable hand sanitizers a convenient option. These compact and travel-friendly products allow individuals to maintain good hand hygiene even when they are outside of their homes or workplaces.
Local special circumstances: China has a large population and is known for its crowded public spaces, particularly in urban areas. This creates a higher risk of germ transmission and increases the need for hand sanitizers. Additionally, the Chinese government has implemented strict hygiene and safety regulations, which have further contributed to the demand for hand sanitizers in the country.
Underlying macroeconomic factors: China has experienced rapid urbanization and economic growth in recent decades, resulting in improved living standards and increased disposable income. As a result, consumers have more purchasing power and are willing to spend on products that promote health and well-being, including hand sanitizers. Furthermore, the e-commerce sector in China has witnessed significant growth, making it easier for consumers to access a wide range of hand sanitizers online. In conclusion, the Hand Sanitizer (Pharmacies) market in China is witnessing strong growth due to the increasing health consciousness among consumers, the demand for natural and organic products, the preference for portable options, the crowded public spaces, and the country's economic development. These factors are driving the market and are expected to continue shaping its growth in the future.
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.
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Mon - Fri, 9am - 6pm (EST)
