Request Discount

Soap Dispenser Market (Type - Automatic, and Manual; Application - Residential, and Commercial): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : November, 2020

  • Rep Id : CGP107

  • Category : Consumer Goods and Packaging

  • Status : Published

A recent report published by Infinium Global Research on soap dispenser market provides in-depth analysis of segments and sub-segments in the global as well as regional soap dispenser market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional soap dispenser market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global soap dispenser market. According to the report, the global soap dispenser market is projected to grow at a CAGR of 7.1% over the forecast period of 2020-2026.

 

Market Insight

A soap dispenser is a device that jets out liquid soap to wash hands. Soap dispensers are often found in public restrooms, restaurants, hotels, schools, or healthcare facilities. They help in preventing the spread of germs and bacteria, thus reducing illnesses and sick days. Soap dispensers can be operated manually with the help of a handle or can be automatic. Manual soap dispensers require less maintenance than automatic dispensers, as they don't require battery changes. While Automatic dispensers reduce cross-contamination between users and stop the spread of bacteria, germs, and illnesses, as they are touchless. Soap dispensers are available in different types depending on the location of installing and type of reservoir including bag-in-box, cartridge, refillable, counter mount, and wall mount.

 

The spread of COVID-19 is anticipated to have a significant effect on the soap dispenser market. The on-going threat emerging from the spread of coronavirus is largely contributing to the growth of the global soap dispenser market over a shorter period. Consumers are largely considering upgrading their residential premises with technologically advanced solutions in the wake of this pandemic situation, to ensure optimum hygiene. The manufacturers of soap dispensers globally are experiencing a rapid boost in the demand. A good hygienic facility is essential to prevent and protect human health during outbreaks of infectious disease, including coronavirus disease 2019 (COVID-19) that has resulted in a growing demand for soap dispensers around the world.

 

The rise in concerns regarding hygiene amongst the consumers due to infectious diseases is majorly driving the soap dispenser market. Washing hands with soap and water is one of the most effective ways to prevent the spread of infectious diseases. Moreover, the improving lifestyle of the consumers is giving rise to the construction of more luxurious bathrooms. Soap dispensers add a finishing touch to the decor and serve as a convenient tool for hand-washing. However, the growing number of counterfeit products is anticipated to hamper the market growth. The production and sale of counterfeit soap dispensers became significant problems and it is hampering the sale of numerous manufacturers. On the other hand, the advent of sensor-based soap dispensers is providing growth opportunities for market players. The sensor-based soap dispensers are supposed as the exclusive best solution for prevention and reduction in the spread of the fatal virus, boosting their demand in the forecasted period.

 

In terms of geography, North America holds the largest market share in the global soap dispenser market. The higher awareness among the population regarding hygiene is majorly driving the growth of the market in the North American region. Moreover, the growing commercial sector including hotels, restaurants, and malls in the US and Canada is driving the sale of soap dispensers in the region. On the other hand, the soap dispenser market in the Asia Pacific is expected to grow with the fastest CAGR over the forecast period. The Asia Pacific soap dispenser market is primarily driven by the increase in non-residential, and commercial building & construction. Moreover, the improving living standards of people in the Asia Pacific is anticipated to boost the use of soap dispensers among the population in the region.

 

Segment Covered

The report on global soap dispenser market covers segments such as type, and application. On the basis of type, the sub-markets include automatic, and manual. On the basis of application, the sub-markets include residential, and commercial.

 

Companies Profiled:

The report provides profiles of the companies in the market such as American Specialties, Inc., TOTA Ltd., Kohler Co., Bradley Corporation, GOJO Industries, Inc., Georgia-Pacific LLC, Hokwang Industries Co., Ltd., Bobrick Washroom Equipment, Inc., Duravit AG, and CERA Sanitaryware Limited.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of soap dispenser market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Other Reports in This Category
24 hour delivery through email
9923950043 Monday to Frieday 9am-7pm
looking for discount