Global Soap Dispenser Market, 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 Region, Competition, Opportunity and Forecast, 2026
New York, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Soap Dispenser Market, By Type, By Product Type, By Capacity, By Soap Type, By End User, By Distribution Channel, By Region, Competition, Opportunity and Forecast, 2026" - https://www.reportlinker.com/p06020680/?utm_source=GNW
Global soap dispenser market was valued at USD1478.90 million in the year 2020 and is anticipated to grow with a CAGR value of 6.45% in the forecast period, 2022-2026, to reach USD2139.68 million by 2026F. Market growth of the global soap dispenser market can be attributed to increasing demand for safe dispense of soap. Surging demand for liquid soaps also influences the growth of the global soap dispenser market in the upcoming five years. Moreover, rising disposable income among the young population has inclined them toward aesthetic products and thereby supporting the growth of the global soap dispenser market in the next five years. Factors like increased product innovation and evolving consumer preferences are aiding the growth of the global soap dispenser market in the future five years. Demand for luxurious products to maintain social norms and advanced living standards is further substantiating the growth of the global soap dispenser market in the forecast years until 2026.
The global soap dispenser market segmentation is based on type, product type, capacity, soap type, end user, distribution channel, region, and competitional landscape.Based on type, the market is further bifurcated into wall-mounted and counter-mounted.
The counter-mounted soap dispensers are anticipated to register the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of traditional usage of the counter-mounted products.Also, aesthetically pleasing products are widely available in the counter-mounted form, thereby supporting the growth of the sub-segment along with the growth of the global soap dispenser market in the next five years.
Wall-mounted soap dispensers are expected to register the fastest growing CAGR in the future five years due to surging demand for the no-touch soap dispensing machines. Increasing safety concerns are expected to further aid the growth of the global soap dispenser market in the forecast years.
Based on soap type, the market is segmented into foam soap and liquid soap.Liquid soaps are expected to dominate the market segment with the largest revenue shares of the market in the upcoming five years on the grounds of the wellness benefits of the liquid form of the soap.
The liquid soaps available in the market from the major market players are clinically tested and provide better cleanliness than foam soaps.Also, the traditional outlook of the population toward foam soaps to lack standards of cleanliness stunts future growth of the sub-segment in comparison to that of liquid soaps.
Increasing demand for liquid soaps substantiates the growth of the global soap dispenser market in the forecast years.
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.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
• To analyze and estimate the market size of global soap dispenser market from 2016 to 2020.
• To estimate and forecast the market size of global soap dispenser market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast global soap dispenser market based on type, product type, capacity, soap type, end user, distribution channel, region, and competitional landscape.
• To identify dominant region or segment in the global soap dispenser market.
• To identify drivers and challenges for global soap dispenser market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global soap dispenser market.
• To identify and analyze the profile of leading players operating in global soap dispenser market.
• To identify key sustainable strategies adopted by market players in global soap dispenser market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of global soap dispenser market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Soap dispenser manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to soap dispenser
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global soap dispenser market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Soap Dispenser Market, By Type:
• Soap Dispenser Market, By Product Type:
• Soap Dispenser Market, By Capacity:
o Below 250 ml
o 250ml to 500 ml
o Above 500ml
• Soap Dispenser Market, By Soap Type:
o Foam Soap
o Liquid Soap
• Soap Dispenser Market, By End User:
• Soap Dispenser Market, By Distribution Channel:
• Soap Dispenser Market, By Region:
o North America
o South America
o Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global soap dispenser market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06020680/?utm_source=GNW
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