Soap Dispenser Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, Segmented By Type (Wall-Mounted and Counter-Mounted), By Product Type (Manual and Automatic), By Capacity (Below 250 ml, 250ml to 500 ml and Above 500ml), By Soap Type (Foam Soap and Liquid Soap), By End User (Commercial, Residential and Others), By Distribution Channel (Offline and Online), By Regi
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal soap dispenser market is anticipated to grow at CAGR of 6.45% during the forecast period to reach USD2139.68 Million by 2026. Anticipated growth in the market can be attributed to increasing disposable income, changing consumer preferences, innovation in existing luxury product offerings, etc. Rapidly increasing urbanization, rising awareness towards hygiene and technological advancements are also driving the growth of the global soap dispenser market in the upcoming five years.
Need a way to get that squeaky-clean feeling? A soap dispenser is your answer! It's a handy gadget that squirts out liquid or foamy soap right onto your hands. You've got choices toomanual dispensers that you pump yourself, or automatic, touch-free dispensers that are super hygienic. Manual ones are easier to keep running since they don't need batteries, but those automatic versions really cut down on spreading germs and illnesses. What's fueling the growth of the soap dispenser market? Well, we're all more aware of hygiene these days, and we're willing to spend a bit more to stay healthy. Plus, smart marketing from brands and government campaigns promoting handwashing are helping. And let's not forget how easy it is to buy things online now! The combination of growing cities, booming businesses, and more money in our pockets means more and more people want soap dispensers.
The COVID-19 pandemic has had a negative impact on retail store sales. However, after the lockdown period, the online channel reported higher sales and is expected to continue to grow in the forecast period, as it is considered a safe option, eliminating the risk of serious illness such as COVID-19 in people with chronic and other diseases.
Rising Awareness of Health and Hygiene Drives the Market Growth
Rising consumer health awareness has emerged as a major market driver in recent years and is expected to continue as the primary driver during the forecast period. Hand hygiene has long been regarded as the most effective method of disease prevention. The demand for soap dispensers has increased, owing primarily to the COVID-19 pandemic. The use of soap dispensers is quickly becoming popular as a germ and virus prevention measure, which is leading to an increase in the adoption of handwashing habits.
Rising Sales of Smart Soap Dispensers Fueling the Market Growth
A smart soap dispenser is a sensor device that delivers liquid and foam soap automatically. Smart soap dispensers are becoming more popular among consumers due to their numerous advantages, such as the ability to control soap consumption, the presence of an electrically connected sensing device structure that detects the presence of hands, and the presence of a dispensing mechanism that is composed of a push structure, making them easy to use. They are also a low-cost option because they are designed to only discharge a certain amount of soap each time.
Growing Inclination Towards Premium Products
Consumer preference for premium branded soap dispenser products is growing in many countries, particularly the United States, Brazil, Germany, France, the United Kingdom, the United Arab Emirates, Oman, and Kuwait, among others. As a result, there is a growing demand for aesthetically pleasing products with rich fragrances, which is expected to drive the global soap dispenser market in the coming years.
Rising Adoption of Soaps and Hand Sanitizers in Commercial Sectors
The usage of soap dispensers in the commercial sector which includes hotels, restaurants and manufacturing plants has increased tremendously, particularly after the outbreak of COVID-19. Similarly, the hotel industries were closed and instructed by the stringent government policies to reopen only while taking preventive measures such as adoption of hand washing habit and using sanitizers frequently. Increasing pressure on the commercial sector to follow stringent rules and regulations/guidelines framed by the government is expected to further boost the demand for soap dispensers in the forecast years.
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Market Segmentation
The global soap dispenser market is segmented based on type, product type, capacity, soap type, end user, distribution channel, region, and competitional landscape. Based on type, the market is further fragmented into wall-mounted and counter-mounted. On the basis of product type, market is bifurcated into manual and automatic. Also, segmentation of the market on grounds of capacity is done into below 250 ml, 250ml to 500 ml and above 500ml. Based on soap type, the market is segmented into foam soap and liquid soap.
In terms of country, the United States soap dispenser market is forecast to grow at a faster rate and is expected to reach around USD476.05 million during the forecast period 2026.
Company Profiles
Georgia-Pacific LLC (GP PRO (Georgia-Pacific Professional)), American Specialties, Inc., Bobrick Washroom Equipment, Inc., Shenzhen SVAVO Intelligent Technology Co.,Ltd, Orchids International, Kutol Products Company, Bradley Corporation, Simplehuman, LLC, Kohler Co., Umbra LLC, etc., are among the major market players in the global platform that lead the market growth of the global soap dispenser market.
| Attribute | Details |
| Market Size Value in 2020 | USD1478.90 Million |
| Revenue Forecast in 2026 | USD2139.68 Million |
| US Revenue Forecast in 2026 | USD476.05 Million |
| Growth Rate | 6.45% |
| Base Year | 2020 |
| Historical Years | 2016 – 2020 |
| Estimated Year | 2021 |
| Forecast Period | 2022 – 2026 |
| Quantitative Units | Revenue in USD Million and CAGR for 2016-2020 and 2021-2026 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regional Scope | North America, Europe, Asia-Pacific, South America and Middle East & Africa |
| Country Scope | United States; Mexico; Canada; Germany; France; United Kingdom; Italy; Spain; China; Japan; India; South Korea; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Egypt; South Africa |
| Key Companies Profiled | Georgia-Pacific LLC (GP PRO (Georgia-Pacific Professional)), American Specialties, Inc., Bobrick Washroom Equipment, Inc., Shenzhen SVAVO Intelligent Technology Co.,Ltd, Orchids International, Kutol Products Company, Bradley Corporation, Simplehuman, LLC, Kohler Co., Umbra LLC, etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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