Key regions: Japan, United States, Europe, United Kingdom, Canada
The Hand Sanitizer (Pharmacies) market in North America has been experiencing significant growth in recent years.
Customer preferences: One of the main reasons for the growth in the Hand Sanitizer (Pharmacies) market in North America is the increasing awareness about the importance of hand hygiene. Customers are becoming more conscious about the spread of germs and the need to maintain good hand hygiene to prevent illnesses. As a result, there has been a surge in the demand for hand sanitizers, especially in pharmacies where customers can easily access them.
Trends in the market: A key trend in the Hand Sanitizer (Pharmacies) market in North America is the preference for alcohol-based hand sanitizers. Alcohol-based hand sanitizers are known to be more effective in killing germs and viruses compared to non-alcohol-based sanitizers. Customers are increasingly opting for alcohol-based hand sanitizers to ensure maximum protection against harmful pathogens. Another trend in the market is the demand for travel-sized hand sanitizers. With the increasing travel activities in North America, customers are looking for convenient and portable hand sanitizers that can be easily carried in their bags or pockets. Pharmacies are catering to this demand by offering a wide range of travel-sized hand sanitizers, which are proving to be popular among customers.
Local special circumstances: The Hand Sanitizer (Pharmacies) market in North America is also influenced by local special circumstances. For example, the recent COVID-19 pandemic has significantly increased the demand for hand sanitizers in the region. People are more concerned about their health and are taking extra precautions to prevent the spread of the virus. As a result, pharmacies in North America have seen a surge in the sales of hand sanitizers.
Underlying macroeconomic factors: Several underlying macroeconomic factors have contributed to the growth of the Hand Sanitizer (Pharmacies) market in North America. One of the factors is the increasing disposable income of consumers. As people have more disposable income, they are willing to spend on products that promote health and hygiene, including hand sanitizers. Additionally, the growing population in North America has also played a role in the expansion of the Hand Sanitizer (Pharmacies) market. With a larger population, there is a higher demand for hand sanitizers, leading to increased sales in pharmacies. In conclusion, the Hand Sanitizer (Pharmacies) market in North America is experiencing growth due to customer preferences for alcohol-based sanitizers and travel-sized options. The local special circumstance of the COVID-19 pandemic has further fueled the demand for hand sanitizers. Underlying macroeconomic factors such as increasing disposable income and population growth have also contributed to the market's development.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
