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Palm Beach, FL – July 16, 2020 – The global hand sanitizer market is projected to grow from USD 1.2 billion in 2019 to USD 2.14 billion by 2027, at a CAGR of 7.5% during the forecast period 2019-2027, according to a report from FiorMarkets. It said that the growing demand for wellness and Health products with a rising rate of diseases has increased the demand for hand sanitizer market. Also, increasing awareness about hand hygiene is driving the need of sanitizers. Hand sanitizer plays a considerable role in maintaining hand hygiene. The rising advertisement on social media has exposed people to current trends of hygiene, healthy lifestyle and personal care, which increase the use of hand sanitizers. A unique benefit of using hand sanitizer is that it reduces the risk of respiratory infections and gastrointestinal infection. The demand for hand sanitizers is increasing, with the growing coronavirus crisis rapidly across the globe. With the outbreak of the global pandemic, the need for hand sanitizers has quadrupled and an increase in the overall growth of 16x from December 2019 to March 2020. In addition to this, to prevent the infectious diseases, many people prefer hand sanitizers, further contributing to the growth of the market. Furthermore, an increase in awareness about personal hygiene among the people, driving the growth of the market. However, high usage of hand sanitizer can kill the good bacteria of the human body, which leads to the occurrence of diseases, may hamper the growth of the market.” Active companies in the markets this week include NxGen Brands Inc. (OTCPK: NXGB), The Clorox Company (NYSE: CLX), The Procter & Gamble Company (NYSE: PG), iBio, Inc. (NYSE: IBIO), Moderna, Inc. (NASDAQ: MRNA).