According to the business intelligence report titled ‘Asia Pacific Hand Sanitizer Market Growth By Composition, Type, Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Asia-Pacific hand sanitizer market is predicted to be worth USD 770 million by the year 2026.
 

As per the report findings, growing awareness regarding personal hygiene and sanitization amidst the COVID-19 pandemic, coupled with escalating number of Coronavirus cases in the region are spurring Asia-Pacific hand sanitizer market growth.
 

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Moreover, favorable government initiatives aimed at promoting the use of alcohol-based sanitizers, along with introduction of innovative personal hygiene products to manage the spread of Coronavirus are propelling the industry expansion.
 

Based on type, Asia-Pacific hand sanitizer market from foam segment accounted for USD 36 million in 2019 and is set to grow significantly during the analysis timeframe. These sanitizers are tenfold more effective in eliminating germs as compared to other types, which in turn is stimulating product demand.
 

With regards to composition, alcohol-free sanitizer segment held 7% market share in 2019 and is touted to grow decently through 2026. Non-damaging as well as non-flammable nature of these sanitizers will continue to stimulate product demand in the forthcoming years.
 

Speaking of distribution channels, Asia-Pacific hand sanitizer marketplace is bifurcated into retail, and online platforms, among which the former segment is calculated to record sluggish growth over 2020-2026.
 

Geographically speaking, Japan captured 27% of Asia-Pacific hand sanitizer market revenue share in 2019 and is anticipated to amass substantial returns over the stipulated timeframe. Escalating demand for hand sanitizers from healthcare facilities, growing cognizance regarding the importance of personal hygiene, and innovative product launches by industry moguls are fostering industry dynamics.
 

The Himalaya Drug Company, Unilever plc, Reckitt Benckiser Group plc, Paul Hartmann AG, PZ Cussons plc, ITC Limited, GOJO Industries Inc., Ecolab Inc., DEB Group Ltd. (acquired by S.C. Johnson & Son Inc.), Godrej Group, Bath & Body Works Direct Inc., and 3M Company are the key participants in Asia-Pacific hand sanitizer market sphere.