Report : Asia Pacific Hand Sanitizer Dispensers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Fixed and Portable) and Modality (Automatic and Manual)
Automatic is expected to be the fastest growing segment during the forecast period 2021–2028
According to a new market research study on “Asia Pacific Hand Sanitizer Dispensers Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Modality,” is expected to reach US$ 16.59 million by 2028 from US$ 12.40 million in 2021. The market is estimated to grow at a CAGR of 4.2% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific hand sanitizer dispensers market along with the drivers and restraints pertaining to the market growth. Thriving adoption of automatic hand sanitizer dispensers, increasing product innovation, and stabbing new market players and strategic initiatives undertaken by existing players are the major factor driving the growth of the Asia Pacific hand sanitizer dispensers market. However, exorbitant maintenance cost and low frequency of buying hinder the growth of Asia Pacific hand sanitizer dispensers market.
The COVID-19 is anticipated to cause a significant economic loss in the Asia-Pacific. The consequence and impact can be even worse and totally depends on the spread of the virus. The Asian economies have been hit hard due to the pandemic. The emergence of new COVID-19 waves in India, Thailand and other Asian economies have prolonged the effect of pandemic upon GDP. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia-Pacific. However, the uncertainty regarding the future outbreak especially in countries such as India and few other Asian countries, has altered the status of industry.
The Asia Pacific hand sanitizer dispensers market is segmented on the bases of type, modality, and country. Based on type, the market is bifurcated into fixed and portable. In 2020, fixed segment held the largest share in the market and portable is expected to be the fastest growing segment during the forecast period. Based on modality, the hand sanitizer dispensers market is bifurcated into automatic and manual. In 2020, on automatic segment held the largest share in the market and is also expected to be the fastest growing segment during the forecast period. Similarly, Based on country, the market is segmented into the China, Japan, India, South Korea, Australia, and Rest of Asia Pacific. In 2020, the Rest of Asia Pacific region held the largest share in the market and India is expected to be the fastest growing country during the forecast period
UMBRA; American specialties.com; Shenzhen Svavo Intelligent Technology co., Ltd; Kingsway Technology; Hokwang Industries co., Ltd; GOJO Industries, Inc.; Essity AB; Bright Pancar Sdn Bhd;Dihour; and Toshi Automatic Systems Pvt Ltd are among the leading companies in the Asia Pacific hand sanitizer dispensers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market
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