Market revenue in 2023 | USD 734.2 million |
Market revenue in 2030 | USD 1,504.0 million |
Growth rate | 10.8% (CAGR from 2023 to 2030) |
Largest segment | Quaternary ammonium compounds |
Fastest growing segment | Enzyme |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Quaternary Ammonium Compounds, Chlorine Compounds, Alcohols & Aldehyde Products, Enzyme |
Key market players worldwide | 3M Co, Reckitt Benckiser Group PLC, Steris PLC, Kimberly-Clark Corp, Cardinal Health Inc, BD, Johnson & Johnson, Bio-Cide International |
Quaternary ammonium compounds was the largest segment with a revenue share of 31.72% in 2023. Horizon Databook has segmented the Japan antiseptic and disinfectant market based on quaternary ammonium compounds, chlorine compounds, alcohols & aldehyde products, enzyme covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing prevalence of hospital-acquired infections and rising incidence of food borne diseases are among factors expected to positively impact the market growth over the forecast period. For instance, as per a study conducted by Oxford University in 2017, lowest proportion of hospitals in Japan regularly monitor healthcare associated infection rates.
Adequate and proper usage of antiseptic and disinfectant solutions is essential to maintain aseptic environmental condition. Thus, the demand for such products is expected to grow significantly, leading to market growth.
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