Market Insights Health OTC Pharmaceuticals

Hand Sanitizer - Japan

Japan

In Japan, the revenue generated in the Hand Sanitizer market market is projected to reach €161.80m in 2024.
It is anticipated that the market will experience an annual growth rate of 4.00% (CAGR 2024-2029).
When compared to other countries worldwide, the in the United States leads the market with a revenue of €590.60m in 2024.
Considering the total population, the per person revenue in Japan is estimated to be €1.32 in 2024.
In Japan, the demand for hand sanitizers in the OTC Pharmaceuticals market has surged exponentially due to the heightened awareness of hygiene and health in the wake of the COVID-19 pandemic.

Key regions: Australia, Germany, United States, China, Japan

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Analyst Opinion

The Hand Sanitizer market in Japan has been experiencing significant growth in recent years.

Customer preferences: One of the main reasons for the growth of the Hand Sanitizer market in Japan is the increasing awareness about the importance of hand hygiene. Japanese consumers are becoming more conscious about maintaining cleanliness and preventing the spread of germs and diseases. As a result, there has been a growing demand for hand sanitizers as an effective and convenient way to clean hands on-the-go.

Trends in the market: The trend of using hand sanitizers has gained popularity not only among individuals but also in various industries and sectors. In Japan, the use of hand sanitizers has become common in hospitals, schools, offices, and public places. This trend can be attributed to the increasing emphasis on hygiene and cleanliness in these settings. Additionally, the COVID-19 pandemic has further accelerated the demand for hand sanitizers, as people are now more cautious about their health and hygiene.

Local special circumstances: Japan has a unique cultural context that contributes to the growth of the Hand Sanitizer market. The Japanese culture places a strong emphasis on cleanliness and personal hygiene. This cultural aspect has played a significant role in the acceptance and adoption of hand sanitizers in the country. Furthermore, the compact size and portability of hand sanitizers make them convenient for the Japanese lifestyle, which often involves commuting and spending time outside the home.

Underlying macroeconomic factors: The Hand Sanitizer market in Japan is also influenced by macroeconomic factors. The country has a large population and a high population density, which increases the risk of disease transmission. In response to this, the government and healthcare organizations have been promoting hand hygiene as a preventive measure. This has created a favorable environment for the growth of the Hand Sanitizer market.Additionally, the Japanese government has implemented regulations and guidelines to ensure the safety and quality of hand sanitizers. This has helped build trust among consumers and has further contributed to the growth of the market.In conclusion, the Hand Sanitizer market in Japan is experiencing significant growth due to increasing awareness about hand hygiene, the cultural emphasis on cleanliness, and the impact of macroeconomic factors. The market is expected to continue growing as consumers prioritize health and hygiene in their daily lives.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.