Market Insights Health Pharmacies OTC Products

Hand Sanitizer (Pharmacies) - Netherlands

Netherlands

Revenue in the Hand Sanitizer market is projected to reach US$9.77m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.91%, resulting in a market volume of US$11.39m 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$0.55 are generated in 2024.

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

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Analyst Opinion

The Hand Sanitizer (Pharmacies) market in Netherlands has witnessed significant growth in recent years.

Customer preferences: Customers in Netherlands have shown a growing preference for hand sanitizers due to their convenience and effectiveness in preventing the spread of germs and diseases. The COVID-19 pandemic has further accelerated this trend, with individuals becoming more conscious about personal hygiene and taking proactive measures to protect themselves and others.

Trends in the market: The Hand Sanitizer (Pharmacies) market in Netherlands has experienced a surge in demand, driven by the increased awareness of hand hygiene. Pharmacies have become a popular distribution channel for hand sanitizers, as they are considered reliable sources for healthcare products. Customers trust the quality and effectiveness of hand sanitizers available in pharmacies, which has contributed to the growth of this market segment.

Local special circumstances: Netherlands is known for its high standards of cleanliness and hygiene. The culture of cleanliness is deeply ingrained in the society, and individuals prioritize personal hygiene as a means to maintain good health. This cultural emphasis on cleanliness has played a significant role in driving the demand for hand sanitizers in pharmacies.

Underlying macroeconomic factors: The Dutch economy has been relatively stable, with a strong healthcare system that emphasizes preventive care. The government has implemented strict regulations and guidelines to ensure the safety and quality of healthcare products, including hand sanitizers. This regulatory framework has created a favorable environment for the growth of the Hand Sanitizer (Pharmacies) market in Netherlands. Furthermore, the COVID-19 pandemic has had a profound impact on the market dynamics. The outbreak of the virus has led to a surge in demand for hand sanitizers, as individuals seek to protect themselves and minimize the risk of infection. The government has also encouraged the use of hand sanitizers as part of its public health measures, further driving the demand in the market. In conclusion, the Hand Sanitizer (Pharmacies) market in Netherlands has experienced significant growth due to customer preferences for convenience and effectiveness, as well as the cultural emphasis on cleanliness. The COVID-19 pandemic has further accelerated this trend, leading to a surge in demand. The stable economy and strong healthcare system in Netherlands, along with government regulations and guidelines, have created a favorable environment for the growth of this market segment.

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.