Market Insights
Liquid Hand Soap Market is likely to witness an impressive CAGR of 10.0% during the forecast period 2022-27. Major factors such as growing demand for effective liquid hand wash solution due to rapid increase in coronavirus cases, increasing awareness on safety & hygiene practices, and growing demand for economical pouch solutions are expected to boost the growth of the market during the forecast period.
Liquid Hand Soap Market – Snapshot
|
Growth
|
10.0% for the next five years
|
Major Distribution Channel Type
|
Online Stores
|
Major Application Type
|
Hospitals
|
Region with the highest demand
|
North America
|
Key Players
|
Cleenol Group, GlaxoSmithKline Pharmaceuticals Limited, GOJO Industries Inc., Henkel Corporation, Kao Corporation, Kimberly-Clark Corporation, Lion Corporation, Medline Industries Inc., The Procter & Gamble Company, and Unilever Plc.
|
Segment Analysis
Wish to get a free sample? Register Here
Liquid Hand Soap Market Share: By Distribution Channel Type
Based on the distribution channel type, the market is segmented as supermarkets/hypermarkets, convenience stores, pharmaceutical stores, online stores, and other stores. Online store is estimated to account for the major share of the market during the forecast period on account of rapid penetration in online retail and growing investments in online marketing. The industry players offer various types of schemes, discounts in order to attract customers and increase their demand among consumers, fueling the segment’s growth over the forecast period.
Liquid Hand Soap Market Share: By Application Type
Based on the application type, the market is segmented as households and commercial. The commercial segment is further divided into hospitals, malls, offices, restaurants, and others. Hospital is estimated to witness high growth in the market during the forecast period on account of growing demand and increasing penetration of medical grade liquid wash solution for both staff and patients to maintain proper hygiene in hospital premises.
Liquid Hand Soap Market Share: By Region
In terms of regions, North America is estimated to be the leading region in the market during the forecast period on account of growing awareness and increasing adoption of health & hygiene trends to decrease viral and bacterial breakouts. Most of the industry players in the region are rapidly involved in developing new products, in order to enhance their brand image and provide new products with high quality solutions, fueling the regional market growth during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the market during the forecast period.
Know which region offers best growth opportunities. Register Here
Market Scope & Segmentation
Liquid hand soap is a cleansing agent in the form of liquid which is made from a mixture of the sodium salts of different fatty acids of natural oils and fats.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Liquid Hand Soap Market Research Report - Features
|
Market Segmentation
|
5
|
Regions Covered
|
4
|
Countries/Sub-Regions Covered
|
17
|
No. of Figures & Tables
|
>150
|
Company Profiles
|
10
|
The Liquid Hand Soap Market is segmented into the following categories.
Liquid Hand Soap Market Size, Share, & Forecast, by Packaging Type:
- Pouch (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bottle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Tube (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liquid Hand Soap Market Size, Share, & Forecast, by Distribution Channel Type:
- Supermarkets/Hypermarkets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Convenience Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Pharmaceutical Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Online Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Other Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liquid Hand Soap Market Size, Share, & Forecast, by Nature Type:
- Organic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Synthetic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liquid Hand Soap Market Size, Share, & Forecast, by Application Type:
- Households (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Commercial
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Hospitals, Malls, Offices, Restaurants, and Others)
Liquid Hand Soap Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Want to know the most attractive market segments? Register Here
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the nature types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.