Asia Pacific Hand Sanitizer Market will be USD 4.5 Billion by 2026
Asia Pacific Hand Sanitizer Market will be USD 4.5 Billion by 2026. Forecast By Product (Gel, Foam, Spray and Other), Distribution Channel, End-User, Country, & Companies.
Hand sanitizer is an antiseptic in the form of gels, foams, sprays, or in liquid which is used instead of wash hands to avoid infectious diseases. Surging importance of hygiene and sanitization to prevent contagious diseases among the Asia-Pacific’s region will further boost the growth of this market. China & India are the major markets for the hand sanitizer owing to growing awareness regarding hygiene, especially hand hygiene as well as health consciousness among population along with the outbreak of numerous diseases. According to Renub Research report, The Asia Pacific Hand Sanitizer Market will be USD 4.5 Billion by the end of the year 2026.
The Centre for Disease Control, famously known as CDC, has recommended using hand sanitizer to avoid getting sick. The key factors boosting the growth of the market are growing awareness about health and wellbeing; new fragrance launched in hand sanitizer industry, changing lifestyle. Most important due to the outbreak of COVID-19 globally, people have understood the importance of maintaining hygiene and sanitization.
Alcohol-based hand sanitizer is leading sanitizers, especially in the healthcare sector. Nevertheless, concerns over toxicity and harmful effect of alcohol-based products on the skin have raised the demand for non-alcoholic hand sanitizers.
Covid-19 Impact on Asia Pacific Hand Sanitizer Market
Surging prevalence of Corona pandemic mostly called as COVID-19 across the globe and most prominently in the Asia-Pacific region has boosted the demand of hand sanitizers tremendously.
It also offers a concept about vivid factors that might potentially drive the expansion of this industry over the stipulated time period, along with providing details of the continuing trends that the Asia Pacific hand sanitizer industry is characterized by. The APAC hand sanitizer market has suitably been isolated on-premise of the arrangement, type, distribution channel, local, and competitive landscape.
Based on type, the market is fragmented into Gel, Foam, Spray and Other. Amongst them, the froth segment held around USD 36 million in 2019. Foam based hand sanitizer hold close hands while applying and doesn't slide off the as compared to gel-based hand sanitizers. These sanitizers are 10 times more practical in killing germs than other types thus accelerating its demand. Similarly, foam-based hand sanitizer gently rolls over the skin and provides complete hand coverage on application to fight against the surging number of coronavirus cases or germs.
Japan hand sanitizer market is anticipated to witness over 27% market share in 2019. Rising awareness concerning hygiene among consumers will raise the demand for hand sanitizers during the forecast period. Introduction of novel products by key market players fosters market growth. as an example, in April 2020, Shiseido, a Japanese based company launched new hand sanitizer (designated quasi drug), thereby expanding its product portfolio. Rising distribution of hand sanitizer in hospitals and a number of other healthcare facilities in response to COVID-19 will foster regional growth.
Renub Research report titled “Asia-Pacific Hand Sanitizer Market by Product (Gel, Foam, Spray and Other), Distribution Channel (Online, Supermarkets and Hypermarkets, Pharmacies Stores, Others), End-User (Hospitals, Restaurants and Hotels, Households and Others), Country (China, India, Japan, South Korea, Indonesia, Singapore, Thailand, Vietnam, Malaysia, Rest of Asia Pacific) Company (Kao Corporation, JMnano, Lion Corporation, L Brands, Inc., Unilever plc.)" This report provides an all-encompassing analysis of the Asia Hand Sanitizer Industry.
Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=bric-cgm-market-p.php
Country - This Report covers the 10 Countries Market of Asia
Products - This Report Covers the Market from 4 Products
Distribution Channel - This Report Covers Market from 4 Distribution Channel
End Users - This Report covers Market from 4 Viewpoints
All the key players have been covered from 3 Viewpoints
1. Kao Corporation
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