Hand Sanitizer - Sweden

  • Sweden
  • In Sweden, the Hand Sanitizer market market generated a revenue of US$10.42m in 2024.
  • It is projected to experience an annual growth rate of 3.15% (CAGR 2024-2029).
  • Among all countries, the in the United States leads in terms of revenue, with US$643.50m in 2024.
  • When considering the population, the per person revenue in Sweden amounted to US$0.98 in 2024.
  • Amidst the COVID-19 pandemic, the demand for hand sanitizers in Sweden has surged, leading to an increase in production and availability.

Key regions: Germany, Europe, United States, Brazil, India

 
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Analyst Opinion

The Hand Sanitizer market in Sweden has experienced significant growth in recent years, driven by increasing customer preferences for hygiene products and a growing awareness of the importance of hand hygiene.

Customer preferences:
Customers in Sweden have shown a strong preference for hand sanitizers due to their convenience and effectiveness in killing germs and bacteria. With busy lifestyles and a desire for quick and easy solutions, hand sanitizers provide a convenient alternative to traditional hand washing. Additionally, the rise of infectious diseases such as the COVID-19 pandemic has further heightened the demand for hand sanitizers, as individuals seek to protect themselves and prevent the spread of illness.

Trends in the market:
One of the key trends in the Hand Sanitizer market in Sweden is the growing popularity of natural and organic hand sanitizers. Customers are increasingly concerned about the ingredients used in personal care products and are seeking out products that are free from harsh chemicals and artificial fragrances. This trend is driven by a desire for more sustainable and eco-friendly options, as well as a focus on personal health and well-being.Another trend in the market is the increasing availability of hand sanitizers in various formats and sizes. Manufacturers are catering to the diverse needs of customers by offering hand sanitizers in travel-sized bottles, pump dispensers, and even wipes. This allows customers to choose the format that best suits their lifestyle and preferences.

Local special circumstances:
Sweden has a high level of public awareness and education regarding hygiene practices, which has contributed to the growth of the Hand Sanitizer market. The Swedish government and health authorities have placed a strong emphasis on hand hygiene, particularly during the COVID-19 pandemic, and have actively promoted the use of hand sanitizers as an effective measure to prevent the spread of infections.

Underlying macroeconomic factors:
The Hand Sanitizer market in Sweden has also been influenced by underlying macroeconomic factors. The country has a strong economy and a high standard of living, which has contributed to increased consumer spending on personal care products. Additionally, Sweden has a well-developed healthcare system and a high level of healthcare expenditure, which has further supported the demand for hand sanitizers.In conclusion, the Hand Sanitizer market in Sweden has experienced significant growth due to increasing customer preferences for hygiene products, a growing awareness of the importance of hand hygiene, and the availability of a wide range of hand sanitizers in different formats. The market is also influenced by local special circumstances, such as a high level of public awareness and education regarding hygiene practices, and underlying macroeconomic factors, including a strong economy and a well-developed healthcare system.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. 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 particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.

Overview

  • Revenue
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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