Market Size of Asia-Pacific Hand Sanitizer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 10.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Hand Sanitizer Market Analysis
Asia-Pacific Hand Sanitizer Market is anticipated to be growing at a CAGR of 10.5% during the forecast period (2020-2025).
- 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.
- With the growing popularity of the market various new players are entering into the market. However, these products have been scrutinized for the potential harm they can have on children.