The size of the Asia-Pacific surface disinfectant market is predicted to be worth USD 2.34 billion by 2029 from USD 1.44 billion in 2024. The market is growing at a CAGR of 10.19% during the forecast period. The Asia-Pacific is growing rapidly and accounted for a share of 24.1% of the global market in 2023.
As per the World Health Organization (WHO), an estimated 55% of all deaths in the South-East region are because of chronic diseases. CVDs, cancer, and diabetes are the most common chronic diseases in Asia, and the number of people suffering from these diseases is growing significantly yearly. Also, the significant increase in hospital admissions and the increasing number of surgical procedures in healthcare facilities boost the market growth. In addition, other factors, such as the growing incidence of hospital-acquired infections, rising awareness of health & hygiene, and increasing demand for surface disinfectants, are propelling the market growth. In addition, the senior population is vulnerable to various chronic diseases such as diabetes, cancer, and others; therefore, the growing geriatric population is expected to be a growth driving factor for the APAC surface disinfectant market.Additionally, increased efforts by regulatory bodies such as the WHO and CDC to control the spread of the coronavirus and stricter guidelines for using cleaning and disinfection products, particularly sanitizers, have boosted demand for the product in APAC. Furthermore, in developing countries such as India and China, the government is taking initiatives to create awareness about health & hygiene through medical tourism, favoring market growth.
In addition, the advancements in surface disinfection and stringent government regulations for surface disinfection positively influence the market growth of surface disinfectants. Increasing investments and funding by the government and non-government organizations for developing the healthcare infrastructure ensures new market entrants. However, adverse health effects associated with many chemicals present in the current disinfectants are mainly restraining the market growth. Also, when in close contact with humans or the environment, chemicals like sodium hypochlorite can help eliminate blood-borne infections while also causing harmful consequences on human health and the environment. As a result, rising demand for other environmentally friendly disinfection treatments hinders market growth.
Geographically, Asia Pacific is to hit the highest CAGR in the coming years as the transmission of diseases increases. However, the growing prevalence of disinfectants in all places regularly to control the spread of COVID-19 is anticipated to level up the market's growth rate. In addition, an increasing number of healthcare centers due to rising coronavirus cases bolstered the market's growth rate.
Rise in awareness over the preventive steps to control the spread of the deadly disease; the market is esteemed to have a substantial growth rate in this period. In addition, growing disposable income in developed and developing countries is enhancing the demand for this market.
The Chinese surface disinfectant market follows India, accounting for the most significant share in the APAC during the forecast period. The first COVID-19 case tested vivacious is in China, where it has gradually spread throughout the country. China has taken many initiatives to control coronavirus spread, mainly by disinfecting the surfaces with chemical agents. In addition, the rise in hospitals and healthcare centers is elevating the Chinese surface disinfectants market demand.
Initiatives by both government and non-government organizations are a significant factor fuelling the Japanese surface disinfectants market demand.The Australian surface disinfectant market is next after India, China, and Japan, accounting for the most substantial share in the APAC market. However, the rise in the demand to increase the production of surface disinfectants due to the impact of COVID-19 is increasing the market's growth rate to an extent. In addition, the prevalence of maintaining hygiene and killing microorganisms at frequently touched surfaces is propelling the growth of the Australian surface disinfectants market.
The surface disinfectants market's growth in South Korea will hit the highest mark. Stringent rules and regulations by the government to follow preventive measures in controlling the spread of coronavirus enhance the market's growth rate in 2023. The growth rate is to continue during the forecast period.
A few notable players in the APAC surface disinfectant market analyzed in this report are 3M Company, Procter & Gamble, Reckitt Benckiser Group PLC, The Clorox Company, Sealed Air Corporation., Steris Corporation, Cantel Medical Corporation, Johnson & Johnson, and Ecolab.
Frequently Asked Questions
China held the most dominating share of the APAC market in 2023.
The alcohol segment had the most significant share of the APAC market in 2023.
The liquid segment had the dominating share of the APAC surface disinfectant market in 2023.
In 2023, APAC captured 25% of the global market.
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