Market revenue in 2023 | USD 2,954.5 million |
Market revenue in 2030 | USD 4,625.1 million |
Growth rate | 6.6% (CAGR from 2023 to 2030) |
Largest segment | Gel |
Fastest growing segment | Foam |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gel, Foam, Liquid |
Key market players worldwide | Reckitt Benckiser Group PLC, The Himalaya Drug Company, Procter & Gamble Co, GOJO Industries, Henkel AG & Co KGaA, Unilever PLC, Sanofi SA, Vi-Jon, Best Sanitizers, Inc. |
Gel was the largest segment with a revenue share of 46.28% in 2023. Horizon Databook has segmented the Asia Pacific hand sanitizer market based on gel, foam, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific region is noted for being a hotspot for emerging infectious diseases, exemplified by recent occurrences such as the Nipah virus and new variants of cholera and dengue. Despite its rich biodiversity, the region faces significant biodiversity loss, which is believed to contribute significantly to the rise in infectious disease outbreaks.
Changes in biodiversity, particularly due to habitat fragmentation and degradation, bring wildlife and domestic animals into closer contact with humans, increasing the risk of zoonotic disease transmission. Reduced biodiversity may also elevate the prevalence and transmission rates of vector-borne diseases.
Heightened awareness of these risks has prompted an increase in preventive measures, including hand sanitization, among the population. Governments and health authorities across Asia Pacific have implemented regulations and public health campaigns promoting hand hygiene.
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