The demand for hand sanitizers are growing at a faster pace with the growing health concerns across the region owing to the outbreak of various diseases. Further, the hand sanitizers are much more convenient to carry and use. Studies have found that sanitizers with lower concentrations or non-alcohol-based hand sanitizers are not as effective at killing germs as those with 60 to 95 percent alcohol. The growth of this market is attributed towards the growing need of health and hygiene related products. According to the report title, “Asia Pacific Hand Sanitizer Market Research Report, 2027”, published by Actual Market Research the market is categorized on the basis of product type which includes segments like Gel, Foam, Liquid, Spray, others. The Asia Pacific Market was valued at around USD 1.6 Billion in the year of 2021. This region is also a hotspot for emerging infectious diseases as illustrated by emergence of Nipah virus, new cholera and dengue variants among others. On the basis of product type, the gel type sanitizers have historically had the largest market share in the region with 50% of the total market share. but the spray segment is predicted to have the highest growth rate during the forecast period. This is due to the convenience factor of using a spray along with easy application. On the basis of type the alcohol base sanitizer segment has occupied almost the whole market, this tremendously market share id due to the effectiveness of this segment over their counterparts. Non-alcoholic sanitizers are not able to disinfect properly, so are not predicted to have a very significant market growth even in the future.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleThe Asia-Pacific region is recognized as a hotspot for biodiversity, but is suffering from rapid and extensive erosion of that diversity. As biodiversity loss is thought to be a major explanatory factor of the increase in emergence of infectious diseases, Asia-Pacific appears a key region on the patterns of infectious diseases. These factors have fueled the growth of the market in the region providing it with a CAGR of over 8% during the historic period between 2016 to 2021. It is emphasized that biodiversity changes through fragmentation and degradation of natural habitats (particularly forested areas) increase the proximity of wildlife to humans, and their domestic animals, and result in increased health risks through increased transmission of zoonotic diseases. A reduction in biodiversity may lead to an increase in the prevalence and transmission rates of certain vector-borne diseases. The increasing instances and concerns towards the spread of various outbreaks has made the population more conscious which has led to the use of preventive measures including hand sanitizing. Considering at the current situation of coronavirus and its infectious nature, the government of India and China among others are providing resources to rise up hand sanitizer overall creation. This will help the government to cater to the increasing necessity of hand sanitizer in the Asia Pacific market. Similarly, government is providing quick permission and regulatory passage to novel entrants for ramping the production of hand sanitizers. The continuous utilization of hand sanitizer is the best precautionary measures available against the pathogen. This will accelerate the market growth during analysis period. Chinese market is one of the biggest market for hand sanitizers owing to the growing health consciousness among the population along with the outbreaks of various diseases. the Centers for Disease Control (CDC) does recommend using hand sanitizer as a way to avoid getting sick. In China hand sanitizer has transformed from an astringent-smelling disinfectant into a product people are considering as a staple. Chinese market has the presence of various players operating with regional and international distribution chains. With the growing demand for the product various new players including private label manufacturers are entering into the market place. COVID-19 Impact The covid-19 pandemic affected the market in a majorly Positive manner. The need for sanitizers increased drastically during this period to curb the spread of the virus. Many alcohol based sanitizers were proven to subside the virus which further increased there demand during the period. The market also sustained some obstructions owing to the lockdowns and other travel restrictions. This hampered the supply chain and in turn the production activities to some extent.
Major Companies Included: Best Sanitizer, Inc., S.C. Johnson and Son, Inc., Cleenol Group Limited, Elyptol, Inc., GOJO Industries, Inc., Henkel AG & Company, KGaA Jao Brands, 3M Company, Procter & Gamble, Reckitt Benckiser Group Plc., The Clorox Company, The Himalaya Drug Company, Unilever Considered in the report • Geography: Asia-Pacific • Base year: 2021 • Historical year: 2016 • Forecasted year: 2027 Countries covered: • China • Japan • Australia • India Aspects covered in the report • Market Size by Value for the period (2016-2027F) • Market Share by Product type (Gel, Liquid, Foam, Spray, Others) • Market Share by Type (Alcohol Base, Non-Alcohol) • Market Share by Country • Market Share by Company
The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the medical device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
We are friendly and approachable, give us a call.