Asia Pacific Laundry Sanitizer Market Size & Outlook
Asia Pacific laundry sanitizer market, 2018-2030 (US$M)
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Asia Pacific laundry sanitizer market highlights
- The Asia Pacific laundry sanitizer market generated a revenue of USD 10.4 million in 2022.
- The market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, commercial was the largest revenue generating application in 2022.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 10.4 million |
| Market revenue in 2030 | USD 13.9 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Household (Residential), Commercial |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.8% of the global laundry sanitizer market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13.9 million by 2030.
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Laundry Sanitizer Market Scope
Laundry Sanitizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific laundry sanitizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laundry sanitizer market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 58.65% in 2022. Horizon Databook has segmented the Asia Pacific laundry sanitizer market based on household (residential), commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is one of the most lucrative regions for laundry services and products, owing to the growing middle-class and millennial demographics. Moreover, the region’s dense population is a major factor attributable to the market growth. According to the UN report titled World Population Prospects 2019, the population of Asia (except Western Asia) is expected to grow from 4,326 million in 2018 to 4,654 million by 2030.
These factors are likely to make Asia Pacific a high-potential market for laundry sanitizers in the near future. The increasing health consciousness and awareness of personal hygiene, coupled with heightened concerns about communicable diseases, has led to a growing demand for laundry sanitizers in the Asia Pacific region.
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Target buyers of Asia Pacific laundry sanitizer market databook
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Our clientele includes a mix of laundry sanitizer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific laundry sanitizer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific laundry sanitizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific laundry sanitizer market size, by country, 2018-2030 (US$M)
Asia Pacific Laundry Sanitizer Market Outlook Share, 2022 & 2030 (US$M)
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