Hand Sanitizer (Pharmacies) - Central Africa

  • Central Africa
  • Revenue in the Hand Sanitizer market is projected to reach US$6.31m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 8.89%, resulting in a market volume of US$8.87m by 2028.
  • In global comparison, most revenue will be generated in China (US$385.20m in 2024).
  • In relation to total population figures, per person revenues of US$0.07 are generated in 2024.

Key regions: Japan, Germany, Europe, Australia, France

 
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Analyst Opinion

The Hand Sanitizer (Pharmacies) market in Central Africa has seen significant growth in recent years, driven by changing customer preferences and increasing awareness of the importance of hand hygiene. Customer preferences in the Hand Sanitizer (Pharmacies) market in Central Africa have shifted towards products that are effective in killing germs and bacteria, as well as those that are gentle on the skin. Customers are also increasingly looking for hand sanitizers that are convenient to use and carry, such as pocket-sized bottles or wipes. In addition, there is a growing demand for hand sanitizers that are made from natural ingredients and do not contain harsh chemicals. These customer preferences are in line with global trends in the hand sanitizer market, where consumers are becoming more conscious of the ingredients and effectiveness of the products they use. The Hand Sanitizer (Pharmacies) market in Central Africa is also seeing several trends that are specific to the region. One of these trends is the increasing popularity of locally-made hand sanitizers. Customers in Central Africa are showing a preference for products that are made in their own countries, as they believe that these products are of higher quality and contribute to the local economy. This trend is also driven by the rising awareness of the importance of supporting local businesses and reducing dependence on imported products. Another trend in the Hand Sanitizer (Pharmacies) market in Central Africa is the growing demand for hand sanitizers with added moisturizing properties. The climate in Central Africa can be harsh and dry, which can lead to dry and cracked skin. As a result, customers are seeking hand sanitizers that can not only kill germs but also moisturize and protect their skin. This trend is in line with the global shift towards hand sanitizers that are gentle on the skin and do not cause dryness or irritation. In addition to customer preferences, there are also local special circumstances that are driving the development of the Hand Sanitizer (Pharmacies) market in Central Africa. One of these special circumstances is the ongoing COVID-19 pandemic, which has increased the demand for hand sanitizers and other hygiene products. The pandemic has created a heightened awareness of the importance of hand hygiene, leading to an increased demand for hand sanitizers in pharmacies across Central Africa. Underlying macroeconomic factors are also playing a role in the development of the Hand Sanitizer (Pharmacies) market in Central Africa. The region has experienced economic growth in recent years, which has led to an increase in disposable income and consumer spending. This has contributed to the growing demand for hand sanitizers and other personal care products. Additionally, the government and health organizations in Central Africa have been actively promoting hand hygiene as a preventive measure against diseases, which has further fueled the demand for hand sanitizers in the region. Overall, the Hand Sanitizer (Pharmacies) market in Central Africa is developing in response to changing customer preferences, local special circumstances, and underlying macroeconomic factors. The region is witnessing a shift towards products that are effective, gentle on the skin, and convenient to use. The demand for locally-made hand sanitizers and those with moisturizing properties is also on the rise. These trends, along with the ongoing COVID-19 pandemic and economic growth in the region, are driving the growth of the Hand Sanitizer (Pharmacies) market in Central Africa.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. 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 relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
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