/ admin /

Navigating the New Hand Hygiene Market

Consumer concern has continued to grow with panic buying and precautionary safety measures due to COVID-19. With these factors, it is predicted the demand for hand soap—and hand care, for that matter—will continue to escalate. According to market research firm Fact.MR, the global hand soap market is forecasted to grow by 6.7% from 2020-2030, with escalating demand closely observed in the first quarter [of 2020]. In the second quarter, demand was projected to follow an upward trend with increasing awareness about hand hygiene across regions. This demand is expected to slowly decline by the end of the third quarter, as the spread of the disease is anticipated to decline. Previously, in the third and fourth quarters of 2019, sales of hand soap grew at a nominal rate. However, medical and clinical applications have created substantial opportunities for hand soap makers for years to come.

Continue Reading on Cosmetics & Toiletries

Related Articles

The Bright Future of Sun Care

Webinar Alert

Sun care is evolving into a lifestyle segment of Solar Beauty, an emerging category that incorporates multifunctionality and sensoriality to evoke emotional connection between consumer and products. This on-demand webinar takes us through why sensoriality is an essential component of beauty care today.

Read More

Why Biodegradability Is the Beauty Industry's Next Big Shift

In a recent article for Cosmetics Magazine, Luca Phillips explores how growing demand for sustainable beauty is driving innovation in biodegradable ingredients—and why transparency in formulation is becoming essential for brands navigating this shift.

Read More

Inolex Caprylhydroxamic Acid (CHA) Approved in Canada FAQ Document

Inolex Caprylhydroxamic Acid (CHA) has been approved for cosmetic use in Canada. Please view our FAQ document for more information surrounding CHA use in Canada.

Read More