South America comprises of countries such as Brazil, Argentina, and rest of South America. This region is projected to witness a noteworthy growth for hand sanitizer dispensers owing to growing consciousness about health and safety amongst the majority of the population across the region and increasing cases of COVID-19 in countries like Brazil. According to Pan American Health Organization, the rate of vaccination is at a slow pace across the region with only 11% of the population vaccinated in Brazil as of 20th June 2021. If this rate of vaccination continues, the coronavirus pandemic will adversely affect the region’s growth. This has induced fear in the minds of people making them adopt high preventive measures to protect themselves from the deadly infection. Therefore, people are readily using hand sanitizers while going out and meeting people. This is expected to leverage the demand for hand sanitizers and hand sanitizer dispensers, eventually propelling the market growth.
Brazil has been ranked to be third-most affected economy due to COVID-19 pandemic globally. In terms of South America, Brazil has the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of South America has taken an array of actions to protect their citizens and combat the spread of COVID-19 virus through lockdowns, trade bans, and travel restrictions. For instance, it was reported by China Global Television Network (CGTN) that due to the fears arising from the spread of the coronavirus, consumers in Sao Paulo are increasingly demanding on soap and hand sanitizers to maintain health and hygiene, which has generated huge demand for hand sanitizer. Similarly, the use of hand sanitizer dispenser has been extended across commercial, residential, and industrial set-up with an aim to eradicate virus spread as well as simultaneously gearing back to revive the operations.
Strategic insights for the South America Hand Sanitizer Dispensers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 6.33 Million |
Market Size by 2028 | US$ 8.30 Million |
Global CAGR (2021 - 2028) | 3.9% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | South and Central America
|
Market leaders and key company profiles |
The geographic scope of the South America Hand Sanitizer Dispensers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The hand sanitizer dispensers market in South America is expected to grow from US$ 6.33 million in 2021 to US$ 8.30 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. Automatic hand sanitizer dispenser is defined as a touch-free dispenser, composed of advanced infrared sensors, which minimizes the need to touch and ensures maximum level of hygiene. The mechanical dispensers, stationed at office spaces, hospitals, malls, hotels and restaurants, and other such areas, are quite vulnerable to pathogen infection. For instance, a study published by National Center for Biotechnology Information concludes that an infected person may contaminate a mechanical dispenser and aggravate hospital-acquired infections. This has propelled the demand for automatic hand sanitizer dispensers in global market. The use of automated touchless sanitizers has been expanded across several healthcare facilities, especially in developed nations, as such type of dispenser requires limited human contact and can effectively stop the spread of infectious diseases. Companies involved in offering automatic hand sanitizer dispensers include Umbra; Kutol, Dolphy India Pvt. Ltd; Shenzhen Svavo Intelligent Technology co., Ltd; Atlantis Automatic Sanitizer Dispenser; and Kingsway Technology. As per a study published by MDPI in April 2021, the establishment and use of automated touchless hand sanitizer dispenser plays a vital role in minimizing the spread of contagious diseases. Additionally, manufacturers are investing in research activities to address the issues pertaining to the conventional automatic hand sanitizer dispensers and have innovated new products to overcome the limitations. For instance, the conventional ultrasonic and infrared-based automatic dispensers were malfunctioning, owing to the interference of sunlight and vehicle sounds as and when installed in busy public places. To overcome such issues, the deployment of laser-based sensing devices has come into being, which uses automated touchless process to dispense the sanitizer. The manufacturers are aiming to develop an economical, touchless, and advanced automated sanitizer dispenser, which can be used at several public places. Accordingly, the efficacy and the overall performance of such devices have been analyzed based on the cost and power consumption, along with several environmental factors. Hence, the rise in demand for automatic hand sanitizer dispensers, backed by the growing need for hygiene and sanitation and significant investment in advanced product development and technological innovation to cater to industry needs, is expected to proliferate the market growth.
In terms of type, the fixed segment accounted for the largest share of the South America hand sanitizer dispensers market in 2020. Further In term of modality, the automatic held a larger market share of the hand sanitizer dispensers market in 2020.
A few major primary and secondary sources referred to for preparing this report on the hand sanitizer dispensers market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are UMBRA; American specialties.com; Shenzhen Svavo Intelligent Technology co., Ltd; Kingsway Technology; Hokwang Industries co., Ltd; GOJO Industries, Inc.; and Essity AB among others.
The South America Hand Sanitizer Dispensers Market is valued at US$ 6.33 Million in 2021, it is projected to reach US$ 8.30 Million by 2028.
As per our report South America Hand Sanitizer Dispensers Market, the market size is valued at US$ 6.33 Million in 2021, projecting it to reach US$ 8.30 Million by 2028. This translates to a CAGR of approximately 3.9% during the forecast period.
The South America Hand Sanitizer Dispensers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Hand Sanitizer Dispensers Market report:
The South America Hand Sanitizer Dispensers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Hand Sanitizer Dispensers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Hand Sanitizer Dispensers Market value chain can benefit from the information contained in a comprehensive market report.