Global Liquid Soap Market Report to 2028 - Featuring Unilever, 3M, Lion and Godrej Consumer Products Among Others - ResearchAndMarkets.com
The global liquid soap market is gaining momentum on the back of the rising popularity of organic and natural products among consumers.
The "Liquid Soap Market By Type, By Product Type, By Distribution Channel, By Application, and By Region Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The liquid soap market size is expected to reach USD 29.79 Billion in 2028 and register a revenue CAGR of 5.8% over the forecast period, according to the latest report.
Companies Mentioned
- Reckitt Benckiser Group PLC.
- Procter & Gamble
- Unilever
- 3M
- Lion Corporation
- GOJO Industries Inc.
- Kao Corporation
- Godrej Consumer Products
- Blue Moon Body Care
- New Avon LLC
The global liquid soap market is gaining momentum on the back of the rising popularity of organic and natural products among consumers. The health benefits associated with organic soaps are driving their demand in the market. In addition, the increasing awareness about personal hygiene is also fuelling the growth of the liquid soap market.
The rise in disposable incomes and changing lifestyles of people are also fuelling the demand for liquid soaps. The growing number of working women is also playing a key role in driving the growth of the market. In addition, the increasing awareness about personal hygiene is also expected to boost the growth of the market.
However, the high cost of organic and natural soaps is restraining the growth of the market. In addition, the availability of substitutes is also expected to challenge the growth of the market in the coming years.
Rising demand for chemical-free and natural products among consumers is expected to drive the growth of the liquid soap market. In addition, liquid soaps are convenient to use and are available in a variety of packaging options, which is expected to fuel the growth of the market. However, availability of substitutes is anticipated to hamper the growth of the liquid soap market during the forecast period.
Today, majority of people globally are using liquid soap instead of bar soap, due to its easy usage and better results. The trend of using liquid soap is also gaining popularity in commercial places such as restaurants, cafes, offices, and hotels, owing to the growing awareness about hygiene. The ongoing COVID-19 pandemic has led to a significant increase in the demand for liquid soap as people are now more conscious about cleanliness and hygiene.
For the purpose of this report, the publisher has segmented global liquid soap market based on type, product type, distribution channel type, application, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Natural or Organic
- Conventional
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Face Wash
- Hand Wash
- Body Wash
- Surface Cleaner
- Others
Distribution Channel Type Outlook (Revenue, USD Billion; 2018-2028)
- Supermarkets or Hypermarkets
- Specialty Stores
- Drug Stores
- Convenience stores
- Online sales Channel
Application Outlook (Revenue, USD Billion; 2018-2028)
- Commercial
- Household
Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
For more information about this report visit https://www.researchandmarkets.com/r/qc2ld5
View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005483/en/