Business Wire reports that global sales of hand sanitizer will soar to $3.65 billion by 2025. Economists attribute the spike to the global COVID-19 pandemic that has people all over the world bettering their hygiene practices in an effort to ward off the virus. Even businesses who focus on other industries are pivoting to meet the demand including distilleries, breweries, personal care, and chemical and household product manufacturers according to media reports.
“Manufacturers moving to a new business line need to understand strict FDA regulations for hand sanitizers, which are regulated by FDA as a drug,” said John Johnson III, who has represented companies before the FDA and practices nationally from Washington, D.C. “Against those pathways to market requirements, manufacturers need to weigh the liability considerations against the PREP Act (Public Readiness and Emergency Preparedness Act).”
Global product liability leader Shook, Hardy & Bacon has created easy- to-read infographics of regulations and requirements for companies entering into this complex industry. You can read more about it in this press release.