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Automated Hand Sanitizer Vending Machine Market Segmentation By Installation Type (Fixed and Portable); By Dispenser Capacity (Below 500ml, 501ml to 1000ml and More than 1000ml); By Dispenser Type (Liquid, Foam and Gel); By Application (Residential and Commercial) - Global Demand Analysis & Opportunity Outlook 2028

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Extensive insights into the Growth of Automated Hand Sanitizer Vending Machine Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS
  • March 2020: Vendekin Technologies announced the partnership with Instor India, an organization known for storage, display and movement solutions, to produce hand sanitizer vending machines with smart vending technology. The primary aim of the collaboration is an effort by the company to curb the spread of the global pandemic, COVID-19.

Introduction to Automated Hand Sanitizer Vending Machines

Automated hand sanitizer vending machines are defined as an electronic device which is designed to dispense a controlled amount of sanitizing solution in the hand. Automated hand sanitizer vending machines functions similarly to that of a smart soap dispenser and are used with the aim to conserve the amount of sanitizing solution used as well as to limit the transmission of infectious diseases. The device senses the presence of the hand near the spout with the help of the sensors present in the device and then it automatically dispenses the sanitizing solution in the hand. Automated hand sanitizer vending machines are also termed as touch free hand sanitizer dispenser and sensor-based sanitizer dispenser.

Automated-Hand-Sanitizer-Vending-Machine

Market Size and Forecast

The global automated hand sanitizer vending machine market is thriving on the back of growing demand for healthcare services around the globe, which is also raising the need for automated dispensing systems that help to raise the quality of healthcare services provided to patients around the world. Backed by the increasing population worldwide, the need for healthcare services is a basic routine for individuals. Increasing affordable healthcare plans that are available around the world, and are also offered by several governments of nations, help people to access to the healthcare services. Such factors are raising the need for the deployment of automated hand sanitizer vending machines. Moreover, increasing concern for the global pandemic, COVID-19, that has affected several human lives globally, has raised the necessity to deploy touch free automated dispensing machines, as the disease is known to be a communicable disease. Additionally, the increasing trade of sanitizers is also anticipated to promote towards the growth of the global automated hand sanitizer vending machine market. According to the statistics by the International Trade Center, exports of organic surface-active agents, such as sanitizers, increased from USD 24,190,461 thousand in the year 2010 to USD 31,150,804 thousand in the year 2019 globally. CLICK TO DOWNLOAD SAMPLE REPORT

Hand-Sanitizer-Vending-Machine-Market

The global automated hand sanitizer vending machine market is anticipated to grow with a robust CAGR throughout the forecast period, i.e. 2020-2028. The market is segmented by installation type into fixed and portable. The fixed segment is anticipated to hold the largest market share on the back of increasing deployment of fixed automated hand sanitizer vending machines in public places and commercial places, backed by the need to dispense a large quantity of sanitizing solution. The market is also segmented by dispenser type into liquid, gel and foam, out of which, the liquid segment is anticipated to hold the largest market share on the back of the increasing popularity of liquid sanitizers across end user applications.

Automated-Hand-Sanitizer-Vending-Machine-Market

Growth Drivers

Increasing Awareness for Automated Hand Sanitizer Vending Machines to Promote Market Growth

COVID-19 pandemic has no doubt affected businesses worldwide, but it has also given birth to several business opportunities worldwide. One of the most promising areas of growth is observed in the healthcare industry, which has raised the necessity for quality healthcare services. Moreover, the pandemic has also promoted the need for several healthcare accessories and equipment, one such being the automated hand sanitizer vending machines. COVID-19 disease is a communicable disease, and hence it requires extreme precaution to avoid its transmission through surface contact. Moreover, the World Health Organization (WHO) has directed guidelines that state the use of hand sanitizers wherever access to soap and water is unavailable. Owing to such factors, the utilization of hand sanitizers has increased massively in public places, especially in commercial places, such as hospitals, offices, industries and others, thereby raising the need for the deployment of automated hand sanitizer vending machines, that can dispense hand sanitizers automatically without touching the surface of the dispenser, which ultimately reduces the transmission of the diseases through surface contact.

COVID-19 Pandemic to Promote Growth of the Market

The sudden spread of the disease COVID-19 globally has raised the necessity for the deployment of automated hand sanitizer vending machines. The increase in demand for such a device has also resulted in the shortage of the device, leading to a huge gap between the demand and supply of automated hand sanitizer vending machines. This gap is anticipated to create significant opportunities for growth of the global automated hand sanitizer vending machine market. Many small and medium manufacturers from different end user industries has further taken this opportunity in the production of automatic hand sanitizer vending machines, especially those whose business aligns with the requirements for manufacturing such a device. Such factors are anticipated to drive the growth of the global automated hand sanitizer vending machine market.

Restraints

Availability of Counterfeit Products

The science behind the manufacturing of automated hand sanitizer vending machines does not involve complex technological processes and hence, several local players have emerged in the market taking the advantage of the current pandemic situation, making the market highly fragmented and unorganized, which is anticipated to limit the growth of the global automated hand sanitizer vending machine market.

Market Segmentation

Our in-depth analysis of the global automated hand sanitizer vending machine market includes the following segments:

By Installation Type

  • Fixed
  • Portable

By Dispenser Capacity

  • Below 500ml
  • 501ml to 1000ml
  • More than 1000ml

By Dispenser Type

  • Liquid
  • Foam
  • Gel

By Application

  • Residential
  • Commercial

By Region

On the basis of regional analysis, the automated hand sanitizer vending machine market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

The market in North America is anticipated to hold the largest market share, backed by the increasing expenditure of the government of the nations in the region for the adoption of advanced equipment that support healthcare facilities. Although, the current COVID-19 pandemic situation has raised the necessity for automated hand sanitizer vending machines throughout the world, yet the market in Asia Pacific is anticipated to observe the significant growth in the adoption of the device. Moreover, the market in Europe is anticipated to hold a significant market share, backed by the presence of a robust healthcare infrastructure and the increasing awareness for automated hand sanitizer vending machines amongst the individuals in the nations in the region.

The global automated hand sanitizer vending machine market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.

Top Featured Companies Dominating the Markets

  • Vendekin Technologies
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
  • Gojo Industries, Inc.
  • Digital Media Vending International, LLC
  • Dolphy India Private Limited
  • Euronics Industries Pvt. Ltd.
  • Alpine Industries Inc.
  • Vi-Jon
  • Georgia-Pacific Consumer Products LP
  • The Clorox Company
  • NoviSign Digital Signage Inc.

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