Market Forecast By Product Type (Non-Alcohol Based, Alcohol Based), By Product Form (Gel, Foam, Spray & Others), By Distribution Channel (Online, Offline), By End Users (Healthcare, Domestic Household, Educational Institution, Hospitality & Others (Public & Private offices, Retail, Transportation, etc.)) and competitive landscape
Product Code: ETC002932 | Publication Date: Jun 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Hand Sanitizer market currently, in 2023, has witnessed an HHI of 4508, Which has increased slightly as compared to the HHI of 3112 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Mexico hand sanitizer market is likely to witness sizeable growth over the coming years mainly due to the outbreak of the COVID-19 pandemic in the country. Hand sanitizers are antibacterial or disinfectant which is used to prevent the spread of Coronavirus infection. Mexico has registered a rising number of Covid-19 infections over the past few months and Mexico is among one of the highest hit countries in Latin America. Mexico has registered around 120,102 cases of new infections as of 10th June 2020. The sudden outbreak of Covid-19 infection has resulted in an acute shortage of hand sanitizer in the country.
The Mexican government along with the participation of private players has taken several key initiatives to ensure an adequate supply of hand sanitizer in the country. For instance, Axalta Coating Systems, a chemical manufacturing company has transformed its production capabilities in Mexico to manufacture over 1,000 liters of hand sanitizer, which is provided to local healthcare centers in the country. Additionally, Bacardi, an American spirits company has started producing around 267,000 gallons (1.1 million liters) of hand sanitizers in an effort to help local communities during the global crisis. The company has diverted its resources and processes in Mexico to supply alcohol for hand sanitizers. These initiatives will spur the demand for hand sanitizer in Mexico during the forecast period.
According to 6Wresearch, the Mexico Hand Sanitizer Market size is anticipated to witness considerable growth during 2020-2026. Growing public and private partnerships, increasing government assistance and investment, rising awareness towards health consciousness, mounting cases of Covid-19 infections as well as rising investment by private players are some of the key growth drivers of the Mexico hand sanitizer market over the coming years.
In terms of product form, the gel-based hand sanitizers dominate the overall hand sanitizer market in the U.S., while the foam segment displayed robust market penetration due to certain key features such as less roughness and longer safety period. Whereas, in terms of product type, the alcohol-based sanitizers are expected to witness the highest growth rate during the forecast period owing to their growing usage on account of more effectiveness of such sanitizers in killing harmful germs.
The Mexico hand sanitizer market report thoroughly covers the market by product type, product form, distribution channels, and end-users. The Mexico hand sanitizer market outlook report provides an unbiased and detailed analysis of the on-going Mexico hand sanitizer market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mexico hand sanitizer market is anticipated to witness potential growth in the coming years on the back of rapid urbanization tends to increase investment in the residential construction where hand sanitizer makes it easy to maintain personal hygiene in unfavorable surroundings and is projected to raise the adoption for hand sanitizer in the coming years. Additionally, COVID -19 would be the key factor in driving sales revenue of the hand sanitizers in Mexico owing to the rising demand for the product in order to combat the spread of the novel coronavirus which would increase the demand for hand sanitizers and is expected to leave a positive impact on the potential growth of Mexico hand sanitizers market in the coming years.
Key Highlights of the Report:
Markets Covered
The Mexico hand sanitizer market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Mexico Hand Sanitizer Market Overview |
3.1. Mexico Hand Sanitizer Market Revenues, 2016-2026F |
3.2. Mexico Hand Sanitizer Market Revenue Share, By Product Type, 2019 & 2026F |
3.3. Mexico Hand Sanitizer Market Revenue Share, By Product Form, 2019 & 2026F |
3.4. Mexico Hand Sanitizer Market Revenue Share, By Distribution Channel, 2019 & 2026F |
3.5. Mexico Hand Sanitizer Market Revenue Share, By End Users, 2019 & 2026F |
3.6. Mexico Hand Sanitizer Market-Industry Life Cycle |
3.7. Mexico Hand Sanitizer Market-Porter’s Five Forces |
4. Mexico Hand Sanitizer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Mexico Hand Sanitizer Market Trends |
6. Mexico Hand Sanitizer Market Overview, By Product Type |
6.1. Mexico Hand Sanitizer Market Revenues, By Non-Alcohol Based, 2016-2026F |
6.2. Mexico Hand Sanitizer Market Revenues, By Alcohol-Based, 2016-2026F |
7. Mexico Hand Sanitizer Market Overview, By Product Form |
7.1. Mexico Hand Sanitizer Market Revenues, By Gel, 2016-2026F |
7.2. Mexico Hand Sanitizer Market Revenues, By Foam, 2016-2026F |
7.3. Mexico Hand Sanitizer Market Revenues, By Spray, 2016-2026F |
7.4. Mexico Hand Sanitizer Market Revenues, By Others, 2016-2026F |
8. Mexico Hand Sanitizer Market Overview, By Distribution Channel |
8.1. Mexico Hand Sanitizer Market Revenues, By Online, 2016-2026F |
8.2. Mexico Hand Sanitizer Market Revenues, By Offline, 2016-2026F |
9. Mexico Hand Sanitizer Market Overview, By End Users |
9.1. Mexico Hand Sanitizer Market Revenues, By Healthcare, 2016-2026F |
9.2. Mexico Hand Sanitizer Market Revenues, By Dometic Household, 2016-2026F |
9.3. Mexico Hand Sanitizer Market Revenues, By Educational Institution, 2016-2026F |
9.4. Mexico Hand Sanitizer Market Revenues, By Hospitality, 2016-2026F |
9.5. Mexico Hand Sanitizer Market Revenues, By Others, 2016-2026F |
10. Mexico Hand Sanitizer Market Key Performance Indicators |
11. Mexico Hand Sanitizer Market Opportunity Assessment |
11.1. Mexico Hand Sanitizer Market Opportunity Assessment, By Product Type, 2026F |
11.2. Mexico Hand Sanitizer Market Opportunity Assessment, By Product Form, 2026F |
11.3. Mexico Hand Sanitizer Market Opportunity Assessment, By Distribution Channel, 2026F |
11.4. Mexico Hand Sanitizer Market Opportunity Assessment, By End Users, 2026F |
12. Mexico Hand Sanitizer Market Competitive Landscape |
12.1. Mexico Hand Sanitizer Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Mexico Hand Sanitizer Market Revenue Share, By Companies, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |