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: ETC002953 | Publication Date: Jun 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Hand Sanitizer Market |
Forecast period | 2025-2031 |
CAGR | 6.5% |
Growing Sector | Healthcare |
The Bangladesh Hand Sanitizer Market report thoroughly covers the market by Product Type, Product Form, Distribution Channels, and End Users. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Bangladesh Hand Sanitizer Market has witnessed growth in the past years. The market is expected to continue its growth in the coming years. This is driven by increasing awareness about health and hygiene, government initiatives, easy availability, and exposure to Western cultures. However, some challenges faced by the market could hinder the growth.
According to 6Wresearch, the Bangladesh Hand Sanitizer Market size is expected to grow at a significant CAGR of 6.5% during 2025-2031. The primary driver for the market is the government initiatives promoting the use of hand sanitisers and ensuring their availability in the country. Moreover, the growing disposable income of people due to the rising economy led to higher purchasing power of the people. Hence, people are willing to spread more on hand sanitiser, thus contributing to the growth of the market. The easy availability of hand sanitisers at various retail outlets, pharmacies, and online platforms in Bangladesh, makes it convenient for consumers to purchase them. Furthermore, with the increasing exposure to Western cultures and lifestyles, people in Bangladesh are adopting practices like using hand sanitisers regularly, driving the demand for these products.
However, despite growing, the market also faces some challenges which could hinder the market growth. One of the main challenges is price fluctuations, making it difficult for both manufacturers and consumers. The market is flooded with both local and international brands, resulting in intense competition for market share. Another challenge is the low-quality hand sanitisers are sold in the market due to a lack of proper quality control measures.
Some of the key players operating in the Bangladesh hand sanitizer market include Unilever PLC, Procter & Gamble Co., Reckitt Benckiser Group plc, Henkel AG & Co., and Dabur India Ltd. These companies have a strong presence in the market and are constantly engaged in product innovation and marketing strategies to maintain their competitive edge. They also have a wide distribution network, making their products easily accessible to consumers.
One of the key initiatives by the government is providing necessary support and incentives to local manufacturers of hand sanitisers. This includes tax waivers on raw materials and equipment used for manufacturing hand sanitisers, as well as assistance in obtaining necessary licenses and certifications from relevant authorities. Moreover, the government has also implemented strict regulations and quality control measures for hand sanitizer production to ensure that only safe and effective products are available in the market. Furthermore, awareness campaigns have been launched by the government to educate the public about proper hand hygiene practices and the importance of using hand sanitizers as an effective preventive measure against diseases.
The Bangladesh hand sanitizer market is expected to continue its growth in the coming years due to increasing hygiene concerns among consumers and rising awareness about infectious diseases. The market is also witnessing a shift towards natural and organic hand sanitizers, driven by the rising trend of eco-friendly and sustainable products. The use of hand sanitizers in various sectors such as healthcare, hospitality, and food processing industries is expected to drive further market growth. Additionally, advancements in technology and the availability of a wide range of fragrance options are likely to attract more consumers towards hand sanitizers.
According to Ravi Bhandari, Research Head, 6Wresearch, alcohol-based hand sanitisers are witnessing significant growth in the market due to their effectiveness against a wider range of pathogens and their ability to quickly dry without leaving any residue.
In terms of end users, healthcare is dominating the Bangladesh hand sanitizers market due to its critical importance in preventing the spread of infections in hospitals and other medical facilities.
The 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. Bangladesh Hand Sanitizer Market Overview |
3.1. Bangladesh Hand Sanitizer Market Revenues, 2021-2031F |
3.2. Bangladesh Hand Sanitizer Market Revenue Share, By Product Type, 2021 & 2031F |
3.3. Bangladesh Hand Sanitizer Market Revenue Share, By Product Form, 2021 & 2031F |
3.4. Bangladesh Hand Sanitizer Market Revenue Share, By Distribution Channel, 2021 & 2031F |
3.5. Bangladesh Hand Sanitizer Market Revenue Share, By End Users, 2021 & 2031F |
3.6. Bangladesh Hand Sanitizer Market-Industry Life Cycle |
3.7. Bangladesh Hand Sanitizer Market-Porter’s Five Forces |
4. Bangladesh Hand Sanitizer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Bangladesh Hand Sanitizer Market Trends |
6. Bangladesh Hand Sanitizer Market Overview, By Product Type |
6.1. Bangladesh Hand Sanitizer Market Revenues, By Non-Alcohol Based, 2021-2031F |
6.2. Bangladesh Hand Sanitizer Market Revenues, By Alcohol-Based, 2021-2031F |
7. Bangladesh Hand Sanitizer Market Overview, By Product Form |
7.1. Bangladesh Hand Sanitizer Market Revenues, By Gel, 2021-2031F |
7.2. Bangladesh Hand Sanitizer Market Revenues, By Foam, 2021-2031F |
7.3. Bangladesh Hand Sanitizer Market Revenues, By Spray, 2021-2031F |
7.4. Bangladesh Hand Sanitizer Market Revenues, By Others, 2021-2031F |
8. Bangladesh Hand Sanitizer Market Overview, By Distribution Channel |
8.1. Bangladesh Hand Sanitizer Market Revenues, By Online, 2021-2031F |
8.2. Bangladesh Hand Sanitizer Market Revenues, By Offline, 2021-2031F |
9. Bangladesh Hand Sanitizer Market Overview, By End Users |
9.1. Bangladesh Hand Sanitizer Market Revenues, By Healthcare, 2021-2031F |
9.2. Bangladesh Hand Sanitizer Market Revenues, By Dometic Household, 2021-2031F |
9.3. Bangladesh Hand Sanitizer Market Revenues, By Educational Institution, 2021-2031F |
9.4. Bangladesh Hand Sanitizer Market Revenues, By Hospitality, 2021-2031F |
9.5. Bangladesh Hand Sanitizer Market Revenues, By Others, 2021-2031F |
10. Bangladesh Hand Sanitizer Market Key Performance Indicators |
11. Bangladesh Hand Sanitizer Market Opportunity Assessment |
11.1. Bangladesh Hand Sanitizer Market Opportunity Assessment, By Product Type, 2031F |
11.2. Bangladesh Hand Sanitizer Market Opportunity Assessment, By Product Form, 2031F |
11.3. Bangladesh Hand Sanitizer Market Opportunity Assessment, By Distribution Channel, 2031F |
11.4. Bangladesh Hand Sanitizer Market Opportunity Assessment, By End Users, 2031F |
12. Bangladesh Hand Sanitizer Market Competitive Landscape |
12.1. Bangladesh Hand Sanitizer Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Bangladesh Hand Sanitizer Market Revenue Share, By Companies, 2021 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |