Global Liquid Soap Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Liquid Soap Market 2021 (Includes Business Impact of COVID-19)
Global Liquid Soap Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global liquid soap market report has been segmented on the basis of nature, application, end-use, sales channel, and region.
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The global Liquid Soap market size was valued at USD $19350.87 million in 2020 and is projected to reach $40886.60 million by 2030, and is anticipated to expand at a CAGR of 7.60% over the forecast period from 2020 to 2030.


Global Liquid Soap Market: Overview


Liquid soap is a cleansing agent, which is formulated in various colors, chemicals, scents, etc. i.e., used in daily routine activities such as bathing, cleaning, washing, and many others. Liquid soaps are hygienic and convenient to use in commercial as well as residential sectors. It can be dispensed from a bottle or soap dispenser. Customers are looking for liquid soap products that moisturize, deodorize, and exfoliate the skin along with cleaning.


Global Liquid Soap Market: Dynamics


Increasing awareness about personal hygiene among individuals is a major factor expected to drive growth of the global liquid soaps market during the forecast period. Increasing demand for liquid soap in household as well as commercial sectors across the globe is another factor expected to drive growth of global market. Additionally, growing demand for liquid soap in day-to-day life owing to its anti-bacterial properties, natural ingredients, soothing fragrances is among some of the other factors expected to fuel growth of target market. Liquid soap helps to reduces germs and bacteria, and protect against other forms of contamination such as hazardous chemicals and infections. Liquid soaps are available in different packaging and can be carried easily. These are other factors expected to support growth of the target market during the forecast period.

However, cost price of liquid soap is high as compare to bar soap which is a factor expected to hinder growth of the target market. Increasing development and innovation of advanced liquid soap products are about to create lucrative opportunities for manufacturers in the global market.


Global Liquid Soap Market: Segment Analysis


Among the nature segments, the natural segment is expected to account for significant share in terms of revenue in the target market.

Among the application segments, the hand wash segment is expected to register highest growth in terms of revenue in the global market, due to growing awareness for hygiene among individuals.

Among the end-use segments, the commercial segment is anticipated to register significant revenue growth in years to come, owing to increasing use of hand wash in hospital, offices, restaurants, hotels, house, educational institutes, public toilet, airports and various other public places.

Among the sales channel segments, the direct segment is expected to account for highest revenue share in the next coming years.


Global Liquid Soap Market: Region Analysis


The North America market is expected to account for significant share in terms of revenue and projected to maintain its dominance during the forecast period. Stringent rules and regulations regarding personal hygiene in healthcare sector and high awareness about hygiene among individuals, presence of major manufacturers are factors expected to drive growth of the global market in this region. The Asia Pacific market is projected to grow at a rapid rate in the near future owing to growing residential and commercial sector in countries in the region.


Below are the active patents related to Liquid Soap Market.


Patent Number: CA2812137A1

Liquid soap compositions

Abstract

A liquid cleansing composition is provided which includes from 5 to 25% by weight of a fatty acids mixture and from 30 to 90% by weight of water, wherein the fatty acids mixture is present in a weight amount greater than a total of all surfactants other than soap present in the composition. Further, the fatty acids mixture is 70- 95% of lauric and myristic fatty acids in a weight ratio from 9: 1 to 1 :2, and 5-30% C16-C20 fatty acid, all by weight of the fatty acids mixture. Still further, 60-90 mole % of the fatty acids mixture is neutralized into soap.

Application filed Date: 2011-08-12

Application Granted Date: 2018-11-06

Current Assignee: Unilever PLC

Global Liquid Soap Market Segmentation:

Segmentation by Nature:

  
Organic
  
Natural
  
Conventional

Segmentation by Application:

  
Hand Wash
  
Body Wash
  
Dish Wash

Segmentation by End-use:

  
Household
  
Commercial

Segmentation by Sales Channel:

  
Direct
  
Indirect


Key Market Players included in the report:


  
3M
  
Bluemoon Bodycare
  
Dawn
  
Godrej Consumer Products
  
GOJO Industries, Inc.
  
Ivory
  
Kao Chemicals
  
Lion Corporation
  
Lux.
  
Marseillais
  
My choice
  
NEW AVON LLC.
  
Palmolive
  
Pears
  
Pental Products.
  
Procter & Gamble
  
Reckitt Benckiser Group plc.
  
Sairo
  
Unilever