Global Liquid Soap Market
Global Liquid Soap Market Share, Trends, Growth Report 2024-2032
IMARC Group, a leading market research company, has recently releases report titled “Liquid Soap Market Report by Type (Organic, Conventional), Product Type (Bath and Body Soaps, Dish Wash Soap, Laundry Soaps, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), Application (Households, Commercial), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global liquid soap market.
How Big is the Liquid Soap Market?
The global liquid soap market size reached US$ 20.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
Industry Overview of Liquid Soap
Liquid soap is a cleansing substance created by combining vegetable or animal fat salts. It possesses potent antibacterial and antiviral properties, ensuring effective sanitization. Furthermore, it contains moisturizing agents to combat dryness and has a lower pH level compared to solid soaps, rendering it ideal for individuals with sensitive skin. It also serves numerous purposes, including cleaning floors, maintaining hygiene, and laundering clothes. Its fluid form allows for easy dispensing and application, facilitating efficient usage. By leveraging its beneficial features, liquid soap has become a popular choice for diverse domestic applications, contributing to cleanliness and well-being.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/liquid-soap-market/requestsample
What are the growth prospects and trends in the liquid soap industry?
Presently, the escalating attention to hygiene and cleanliness, along with increased implementation of safety protocols in homes, workplaces, and public areas, is driving the global demand for liquid soap. Furthermore, the advent of touchless hand sanitation devices has spurred the usage of liquid soap for ensuring cleanliness in hospitals and other healthcare centers.
This surge is partly due to the COVID-19 pandemic and a rise in other infectious diseases like the common cold and chickenpox. Liquid soap is also widely used for hygiene purposes in hospitality establishments, quick-service eateries, and food manufacturing units. Leading companies are introducing versatile liquid soaps with advanced cleaning abilities suitable for dishes, kitchenware, vehicles, and furniture.
They are also emphasizing creating organic alternatives free from perfume, gluten, dyes, allergens, animal derivatives, and harsh chemicals such as phosphates, chlorine, and petrochemicals. These eco-friendly products, made from plant-based ingredients that offer softening benefits, wrinkle reduction, and color fade prevention, are expected to be positively received in the future due to rising environmental awareness.
Leading Companies Operating in the Global Liquid Soap Industry:
3M Company
Cleenol Group Ltd.
Colgate-Palmolive Company
Godrej Consumer Products Limited
GOJO Industries Inc.
Henkel AG & Co. KGaA
Kao Corporation
Lion Corporation
Medline Industries LP
Procter & Gamble Company
Reckitt Benckiser Group PLC
Unilever PLC
Liquid Soap Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
Organic
Conventional
Breakup by Product Type:
Bath and Body Soaps
Dish Wash Soap
Laundry Soaps
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
Breakup by Application:
Households
Commercial
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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