The Asia Pacific Hand Sanitizer market is growing along with the Chemicals and Materials industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report. The Asia Pacific hand sanitizer market totalled $ 815.2 million in 2019 and is expected to grow to a 39.0% CAGR during the 2020-2027 forecast period, to represent $ 12.433.7 million by 2027.
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Hand sanitizer is a liquid, gel or foam generally used to reduce infectious agents on the hands. In most cases, hand washing with soap and water is generally preferred. Hand disinfectant is less effective in killing certain types of germs, such as nor virus and Clostridium difficile and, unlike soap and water, cannot remove harmful chemicals. People can incorrectly clean hand sanitizer before it dries, and some are less effective because their alcohol concentrations are too low.
The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (regional/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.
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Coronavirus (COVID-19), the new name for the disease caused by the recent coronavirus, SARS-CoV-2 is everywhere. Much information has been presented on how to help prevent Coronavirus (COVID-19) from affecting you and your family. Perhaps the most important thing to know is that medical experts agree on this: one of the best ways to stay healthy is to wash your hands with soap and water. But if those aren’t available, hand sanitizer can help rid your hands of unwanted germs.
These factors are expected to offer broad growth opportunities in the Chemicals and Materials industry and this is expected to cause the demand for Hand Sanitizer in the market.
Asia Pacific HAND SANITIZER MARKET SEGMENTATION
Hand Sanitizer Market, by Type
- Quaternary Ammonia
By Product Form
- Foam Sanitizers
- Gel Sanitizers
- Spray sanitizers
- Educational Institutions
By Distribution Channel
- Supermarkets & Hypermarket
- Convenience Store
- Henkel AG & Company, KGaA
- The Himalaya Drug Company
- Godrej Industries Limited
- GOJO Industries
- Reckitt Benckiser Group plc
- Procter & Gamble.
- C. Johnson & Son
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