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Hand Sanitizer | |
| Hand sanitizers that do not contain alcohol usually contain benzalkonium chloride instead. They kill bacteria by disrupting their membranes, but we still don’t know how effective they are against certain types of viruses. The US Centre for Disease Control and Prevention say this type of hand sanitizer is less reliable for tackling Covid-19 than those which are alcohol-based. Hand sanitizer is a liquid or gel generally used to decrease infectious agents on the hands. Alcohol-based hand sanitizer kills many types of viruses by dissolving their fat membranes. It kills bacteria by disrupting its cell membrane. The product also usually contains hydrogen peroxide which kills bacterial spores. While older hand sanitizers were known to dry your hands, newer ones contain gelling agents which dramatically reduce skin dryness. Most of these hand sanitizers contain a combination of isopropyl alcohol (rubbing alcohol) and ethanol. The percentage of alcohol present in hand sanitizer is key to its efficacy – those with less than 60 per cent alcohol will be less effective at killing microorganisms, and will just reduce their growth. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. The rising healthcare investments for providing a high-end and safer medical environment for healthcare professionals by preventing hospital-acquired infections (HAIs) have augmented the demand for hand sanitizers in the medical sector. Furthermore, as a result of the COVID-19 pandemic in the country, the demand of hand sanitizers has increased exponentially since the start of 2020. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Hand Sanitizer Market size is projected to cross $2 billion by 2025, growing at a CAGR of 7.8% during the forecast period 2020-2025. Hand Sanitizer is an antiseptic disinfectant available in the form of a liquid, gel, foam and many others. It is said to be more effective than soaps due to its ability to eliminate most microorganisms. Public awareness campaigns by global health authorities such as the WHO (World Health Organization) also play a significant role in promoting the use of hand sanitizers. Increasing consumer awareness about hygiene coupled with such government initiatives are driving the hand sanitizer market. According to findings, there is a preference for using hand sanitizer by 77.0% of the population covered in a survey, while 23.0% claim to not to use the product. The 77.0% population in the favor of using hand sanitizer is comprised of 37.5% male users and 62.5% of female users. Moreover, key manufacturers are adding to their product line in order to increase their market share with increasing awareness. Few Indian major players are as under 3M India Ltd. Apollo Home Healthcare (India) Ltd. Colgate-Palmolive (India) Ltd. Dabur India Ltd. Godrej Hygiene Care Pvt. Ltd. [Merged] Himalaya Drug Co. Pvt. Ltd. | |
| Plant capacity: Hand Sanitizer (50 ml size Bolltes):10,000 Bottles/day | Plant & machinery: Rs 16 lakhs |
| Working capital: - | T.C.I: Cost of Project :Rs 156 lakhs |
| Return: 31.00% | Break even: 62.00% |
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