Hand Sanitizer (Pharmacies) - United Arab Emirates

United Arab Emirates

Highlights

Revenue in the Hand Sanitizer market is projected to reach US$3.48m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.10%, resulting in a market volume of US$3.86m 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$0.36 are generated in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Hand Sanitizer (Pharmacies) market in United Arab Emirates has seen significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences: Customers in United Arab Emirates have become increasingly health-conscious and are placing greater emphasis on personal hygiene. This has led to a growing demand for hand sanitizers, particularly in pharmacies where customers can easily access these products. The convenience of purchasing hand sanitizers from pharmacies, along with the trust associated with these establishments, has made them a preferred choice for customers.

Trends in the market: One of the key trends in the Hand Sanitizer (Pharmacies) market in United Arab Emirates is the shift towards natural and organic products. Customers are becoming more conscious about the ingredients used in hand sanitizers and are opting for products that are free from harsh chemicals. Pharmacies are responding to this trend by offering a wider range of natural and organic hand sanitizers to cater to the preferences of their customers. Another trend in the market is the increasing popularity of travel-sized hand sanitizers. With the rise in international travel and the emphasis on hygiene during the COVID-19 pandemic, customers are looking for portable hand sanitizers that can be easily carried in their bags or pockets. Pharmacies are capitalizing on this trend by offering travel-sized hand sanitizers in convenient packaging.

Local special circumstances: The United Arab Emirates has a large expatriate population, with people from different countries residing in the country for work or leisure. This diversity in the population has led to an increased demand for hand sanitizers that cater to different cultural preferences. Pharmacies in United Arab Emirates are stocking a variety of hand sanitizers that meet the specific needs of their diverse customer base, including products with different fragrances and formulations.

Underlying macroeconomic factors: The Hand Sanitizer (Pharmacies) market in United Arab Emirates has also been influenced by macroeconomic factors. The country has a strong healthcare infrastructure and a high level of healthcare expenditure, which has contributed to the growth of the market. Additionally, the government has implemented strict regulations and guidelines regarding hygiene and cleanliness, which has further boosted the demand for hand sanitizers in pharmacies. In conclusion, the Hand Sanitizer (Pharmacies) market in United Arab Emirates is experiencing growth due to changing customer preferences, including a shift towards natural and organic products and the demand for travel-sized hand sanitizers. Pharmacies are adapting to these trends by offering a wider range of products to cater to their diverse customer base. The underlying macroeconomic factors, such as the strong healthcare infrastructure and government regulations, have also contributed to the growth of the market.

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.