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Liquid Soap Market – Opportunity Analysis and Industry Forecasts 2019 to 2025 | Grand View Research, Inc.

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Liquid Soap Market – Opportunity Analysis and Industry Forecasts 2019 to 2025 | Grand View Research, Inc.

September 08
16:16 2021
Liquid Soap Market - Opportunity Analysis and Industry Forecasts 2019 to 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, rising awareness regarding personal hygiene among adults is expected to remain a key driving factor for the market.

The global liquid soap market size is expected to reach USD 26.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.34% during the forecast period. Rising us as a hygienic and convenient product is expected to drive the demand for liquid soap in commercial and residential application. High daily household consumption as a result of its excellent anti-bacterial properties and soothing fragrance is anticipated to further fuel the product demand.

Growing awareness regarding health and hygiene, especially among working class population is expected to promote the use of liquid soap products in household application. These products are available in fancy bottles with dispensers and are convenient to use. Commercial application is expected to expand at a CAGR of 4.5% from 2019 to 2025. Hotels, shopping malls, commercial real estate buildings, and hospitals are the major consumers in the market. Rising importance of facility management in these application areas as a result rising focus on personal hygiene of consumers is expected to promote the use of liquid soaps.

Asia Pacific is expected to witness fastest CAGR of 6.7% from 2019 to 2025. Growing awareness regarding health and hygiene, among consumers in developing countries such as China and India is expected to boost the product demand. Europe holds the second position in global liquid soap market.

Online distribution channel is expected to witness a CAGR of 7.8% from 2019 to 2025. Rising consumer preference due to the ease of product comparison coupled with doorstep delivery services offered by e-commerce portals is projected to boost the segment growth over the forecast period. Some of the key e-commerce portals include Amazon, AliExpress, Alibaba, and Flipkart among others.

Key players operating in this market include Reckitt Benckiser Group plc; Procter & Gamble; Godrej Consumer Products; Unilever; 3M; Lion Corporation; GOJO Industries, Inc.; Kao Chemicals; Bluemoon Bodycare; NEW AVON LLC.; and Pental Products. Companies are offering innovative products to gain greater market share. In Jun 2019, Reckitt Benckiser launched a wide range of products including bathing soaps, hand washes, and liquid soap among others under the brand name, Dettol. These products are claimed as free from parabens, talc, and dyes.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/liquid-soap-market

Liquid Soap Market Report Highlights

• Conventional products is projected to expand at a CAGR of 5.0% from 2019 to 2025

• Household application segment held the leading market share of 61.5 % in 2018

• Asia Pacific held the leading market share of 35% in 2018

• Major players operating in the liquid soap market are Unilever; Reckitt Benckiser Group plc.; Procter & Gamble; Pental Products; NEW AVON LLC.; Lion Corporation; Kao Chemicals; GOJO Industries, Inc.; Godrej Consumer Products; Bluemoon Bodycare; and 3M

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/liquid-soap-market/request/rs1

Liquid Soap Market Segmentation

Grand View Research has segmented the global liquid soap market on the basis of product, application, distribution channel, and region:                                                                                                                                     

Liquid Soap Product Outlook (Revenue, USD Billion, 2015 – 2025)

    • Organic                                               

    • Conventional

Liquid Soap Application Outlook (Revenue, USD Billion, 2015 – 2025)    

    • Household

    • Commercial

Liquid Soap Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)

    • Supermarkets & Hypermarkets

    • Convenience Store

    • Online

    • Others     

Liquid Soap Regional Outlook (Revenue, USD Billion, 2015 – 2025)

     • North America       

        • U.S.

        • Mexico

        • Canada

     • Europe

        • Germany

        • France

     • Asia Pacific

        • China

        • India

     • Central & South America

     • Middle East & Africa

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/6199/ibb

Browse More Related Report:

Organic Soaps Market Size, Share & Trends Analysis Report By Product (Bar, Liquid), By Distribution Channel (Offline, Online), By Region, Competitive Landscape, And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/liquid-soap-market


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