Hand Sanitizer (Pharmacies) - Tanzania

Tanzania

Highlights

Revenue in the Hand Sanitizer market is projected to reach US$1.76m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.35%, resulting in a market volume of US$2.51m by 2029.
In global comparison, most revenue will be generated 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:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Hand Sanitizer (Pharmacies) market in Tanzania has been experiencing significant growth in recent years.

Customer preferences: Customers in Tanzania have shown a growing preference for hand sanitizers due to the increased awareness of the importance of hand hygiene in preventing the spread of diseases. This preference is driven by the convenience and effectiveness of hand sanitizers in killing germs and bacteria on the hands. Additionally, the affordability and availability of hand sanitizers in pharmacies have also contributed to their popularity among customers.

Trends in the market: One of the key trends in the Hand Sanitizer (Pharmacies) market in Tanzania is the increasing demand for alcohol-based hand sanitizers. Alcohol-based hand sanitizers are known to be more effective in killing germs and bacteria compared to non-alcohol-based alternatives. This trend is driven by the growing concern for personal hygiene and the need for effective sanitization solutions. Additionally, the COVID-19 pandemic has further accelerated the demand for alcohol-based hand sanitizers, as people are more conscious of the need to keep their hands clean and germ-free.

Local special circumstances: Tanzania, like many other countries, has been significantly impacted by the COVID-19 pandemic. The government and health authorities have implemented various measures to contain the spread of the virus, including promoting hand hygiene practices. This has led to an increased awareness and demand for hand sanitizers in the country. Furthermore, the growing urbanization and population density in cities like Dar es Salaam have also contributed to the higher demand for hand sanitizers in pharmacies.

Underlying macroeconomic factors: The Hand Sanitizer (Pharmacies) market in Tanzania is also influenced by several macroeconomic factors. The country has been experiencing steady economic growth in recent years, leading to an increase in disposable income among the population. This has resulted in higher consumer spending on personal care products, including hand sanitizers. Additionally, the government's focus on improving healthcare infrastructure and promoting public health initiatives has also created a favorable environment for the growth of the hand sanitizer market in pharmacies. In conclusion, the Hand Sanitizer (Pharmacies) market in Tanzania is witnessing significant growth due to customer preferences for convenient and effective hand hygiene solutions. The increasing demand for alcohol-based hand sanitizers, driven by growing awareness and the impact of the COVID-19 pandemic, is a key trend in the market. Local special circumstances, such as government measures to contain the spread of the virus and urbanization, have further contributed to the market's development. The underlying macroeconomic factors, including economic growth and government initiatives, have also played a role in driving the growth of the hand sanitizer market in pharmacies in Tanzania.

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.