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TechNavio Says Public-Private Partnership Initiatives Will Spread Awareness and Boost the Hand Wash Market in South Africa by 2019LONDON --(Business Wire)-- Changing lifestyles and growing awareness of hygiene are expected to motivate growth in the Hand Wash Market in South Africa, which is expected post a CAGR of 13.68 percent from 2015-2019, says research firm TechNavio. Awareness levels regarding the importance of hand washing for disease and infection prevention have increased, which has resulted in market growth in this segment. According to the latest report by TechNavio, public-private partnership initiatives are one of the major factors propelling this market. Many hand wash manufacturers are collaborating with international and national organizations, so as to combine commercial and social marketing capabilities. "Public-private partnerships offer a better chance for companies to understand the needs of price-sensitive custmers and sell hand washes to them," says Faisal Ghaus, Vice President of TechNavio. As the Hand Wash Market in South Africa is growing dynamically due to technological innovations, manufacturers have also started investing hugely in R&D, to promote technologically advanced products. "Companies are conducting research on finding alternative raw materials for manufacturing liquid hand washes. They are also attempting to find ways to cut costs on equipment needs like storage tanks," says Ghaus. TechNavio currently has more than 3000 market research reports on a huge range of topics, including: About TechNavio TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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