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Global Liquid Hand Soap Market by Product (Organic, and Conventional), By Application (Household, and Commercial), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online and Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)-Global Forecasts 2022 - 2030.
Global Liquid Hand Soap Market Overview:
The global liquid hand soap market is estimated to reach USD 235.6 billion in 2030, with growth over a CAGR of 31.5% during the forecast period, 2022-2030, and it was valued at USD 21 billion in 2022. Liquid Hand Soap is a skin-care cleansing liquid that mainly cleans hands. It uses mechanical friction and surfactant to cooperate with water flow to remove dirt and attached bacteria on the hands. The chemicals in the hand soap may irritate the skin of the hands. People who are allergic to hand soap are not suitable for use. The purpose of handwashing is to remove the stains and bacteria from the hands, so the cleaning power is the first consideration, but the cleaning power and the degreasing power are proportional. The ability to remove bacteria is the key to achieving true cleanliness in handwashing and is why it is mainly used in public places as a hand sanitizer.Global Liquid Hand Soap Market Insights
The market’s growth can be attributed to people’s growing awareness of personal hygiene. Further, the increasing cases of the pandemic disease across the world are strengthening the market growth. Additionally, the rising awareness among people regarding hand hygiene in infection control is anticipated to boost the growth of the liquid hand soap market size in future periods. Also, the surge in the prevalence of infectious diseases has encouraged consumers to spend on products such as hand wash. These factors are expected to witness the remarkable growth of the global liquid hand soap industry. The recent COVID-19 outbreak has surged the demand for hand washing, which will spur the growth of liquid hand washing. Moreover, the growing consumer spending on personal hygiene is expected to drive the sales of the liquid hand wash market worldwide. Furthermore, the growing use of liquid hand soap to prevent the spread of diseases such as the flu and virus is propelling the growth of the liquid hand soap market in the coming years. In the face of numerous infectious diseases, consumers can understand that hand hygiene is very important to physical health. The frequency of public handwashing has increased as everyone gradually realizes that frequent handwashing can effectively avoid viral infections and the spread of bacteria. Also, the surge in the consciousness of product formulations increases among consumers worldwide; chemical-free and natural products positively impact the market’s growth. The increasing bacterial and pathogen infections, rising number of healthcare practitioners, and associated healthcare infections will accelerate market demand for the liquid hand soap industry. Growth DriverGrowing consumer awareness regarding health and hygiene
During the pandemic, small-dose disinfectants, disposable hand sanitizers, disposable mouthwash, disposable alcohol cotton, and other small-package products are favored by consumers. As the COVID-19 epidemic situation is controlled, in the future, more and more people will begin to pay attention to personal hygiene, and the demand for small packaging hygiene products that are convenient to carry with them will also significantly increase. Since the outbreak of COVID-19, the demand for personal hygiene protective equipment has ushered in an outbreak. Not only disposable masks and disinfectants but also wipes, disposable gloves, mouthwashes, and other products have become consumers’ purchase targets.Online retail surge the demand for liquid hand soap
Affected by the new coronavirus pneumonia, online grocery shopping and shopping have become the first choice for residents at home. Due to the growing consumer demand for luxury and convenient home accessories, this superior comfort has caused people’s wash desires. Personal hygiene is one of the most effective vital factors supporting people’s lives in a healthy environment. Personal hygiene and a healthy environment keep people safe from diseases. Therefore, it is necessary to maintain hygiene. However, washing your hands with ordinary soap does not completely prevent this disease. Therefore, to obtain full protection against bacteria and harmful bacteria.Impacts of Covid-19
The outbreak of the COVID-19 virus has promoted the growth of the sales of hand wash soap, which has continued to rise, and hand sanitizer has changed from an astringent disinfectant to a popular product. For this, the US Centers for Disease Control and Prevention (CDC) recommends that consumers use alcohol-based hand sanitizers that contain more than 60% alcohol. Its working principle is to dissolve the protective layer that kills microorganisms. If anyone uses hand sanitizer correctly, it will be completely effective.Product Segmental Analysis
Based on the product, the global liquid hand soap market is classified into organic and conventional. The conventional segment witnessed the largest market share in 2021. It is primarily attributed to the cost-effectiveness and availability of a variety of fragrance choices of products. These fragrance variants are available: vanilla, melon, peach, apricot, honey, etc. The organic segment will be the fastest-growing segment in the estimated period due to the growing concerns about the adverse effects of chemical products and the rising prevalence of skin diseases related to conventional products. Application Segmental Analysis Based on the application, the global liquid hand soap market is bifurcated into the household and commercial. The household segment is estimated to lead the market by 2030 due to the increasing consumer awareness regarding hygiene and a healthy lifestyle in emerging economies. The commercial segment will grow significantly during the forecast period owing to the growing demand for hand soap at commercial places such as offices, hospitals, public places, and hospitality industries at the global level. Distribution Channel Segmental Analysis Based on the distribution channel, the global liquid hand soap market is segregated into supermarkets & hypermarkets, convenience stores, online, and others. The supermarkets & hypermarkets segment held a lucrative share in 2021 and is projected to dominate the global liquid hand soap market by 2030. Supermarkets and hypermarkets offer a large variety of goods in one place, allowing consumers to compare the products before buying them. The online will be the fastest-growing segment in the forecast period. This is due to established brands available at the online store at reasonable prices. Region Segmental Analysis Based on geography, the global liquid hand soap market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is estimated to occupy the lion’s share in the liquid hand soap market by 2030 owing to the outbreak of diseases such as flu and COVID-19, coupled with the surge in consumer awareness about hygiene, which led to the demand for liquid hand soap in the region. North America captured a prominent share of the liquid hand soap market in 2021 due to the high awareness of hand hygiene, training to healthcare professionals, and obedience to standard guidelines. Competitor Analysis Companies such as Colgate-Palmolive Co., GlaxoSmithKline Plc, Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Medline Industries Inc., New Avon Co., Premier English Manufacturing Ltd., Reckitt Benckiser Group Plc, Unilever Group, Procter & Gamble, 3M, Lion Corporation, and Kao Chemicals are the key players in the Global Liquid Hand Soap Market.Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global liquid hand soap manufacturing firm
- Research organizations and consulting companies
- Organizations, associations, and alliances related to liquid hand soap
- Regulatory bodies
- Suppliers
- Retailers
Recent Developments
- In August 2018, Godrej Consumer Products established the first-ever powder-to-liquid hand wash called Godrej Protekt Mr. Magic.
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By Product- Organic
- Conventional
- Household
- Commercial
- Supermarkets & Hypermarkets
- Convenience Store
- Online
- Others
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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Report Content
- Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
- Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
- Executive Summary
- Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2022
4.7. Porter’s Five Forces Analysis
4.8. Price point analysis
4.9. New Investment Analysis
4.10. PESTEL Analysis
- Global Liquid Hand Soap Market, 2017-2030
5.1. Market Size & Forecast, 2017-2030
5.1.1. Demand
5.1.1.1. By Value (USD Billion)
5.1.2. Consumption
5.1.2.1. By Volume (Billion Litres)
5.2. Market Share & Forecast, 2017-2030
5.2.1. By Product Type
5.2.1.1. Organic
5.2.1.2. Conventional
5.2.2. By Application
5.2.2.1. Household
5.2.2.2. Commercial
5.2.3. By Distribution Channel
5.2.3.1. Supermarkets & Hypermarkets
5.2.3.2. Convenience Store
5.2.3.3. Online
5.2.3.4. Others
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. The Middle East & Africa
5.2.4.5. South America
- North America Liquid Hand Soap Market, 2017-2030
6.1. North America Liquid Hand Soap Market size & Forecast, 2017-2030
6.1.1. Demand
6.1.1.1. By Value (USD Billion)
6.1.2. Consumption
6.1.2.1. By Volume (Billion Litres)
6.2. North America Liquid Hand Soap Market Share & Forecast, 2017-2030
6.2.1. By Product Type
6.2.1.1. Organic
6.2.1.2. Conventional
6.2.2. By Application
6.2.2.1. Household
6.2.2.2. Commercial
6.2.3. By Distribution Channel
6.2.3.1. Supermarkets & Hypermarkets
6.2.3.2. Convenience Store
6.2.3.3. Online
6.2.3.4. Others
6.2.4. By Country
6.2.4.1. U.S
6.2.4.2. Canada
6.2.4.3. Mexico
6.2.5. By Price Point Analysis
6.2.6. Company Market Share (Top 3-5)
6.2.7. Manufacturer & Distributor List (Top 5)
6.2.8. Economic Impact Study on North America Liquid Hand Soap Market
- Europe Liquid Hand Soap Market, 2017-2030
7.1. Europe Liquid Hand Soap Market size & Forecast, 2017-2030
7.1.1. Demand
7.1.1.1. By Value (USD Billion)
7.1.2. Consumption
7.1.2.1. By Volume (Billion Litres)
7.2. Europe Liquid Hand Soap Market Share & Forecast, 2017-2030
7.2.1. By Product Type
7.2.1.1. Organic
7.2.1.2. Conventional
7.2.2. By Application
7.2.2.1. Household
7.2.2.2. Commercial
7.2.3. By Distribution Channel
7.2.3.1. Supermarkets & Hypermarkets
7.2.3.2. Convenience Store
7.2.3.3. Online
7.2.3.4. Others
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. UK
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Rest of Europe
7.2.5. By Price Point Analysis
7.2.6. Company Market Share (Top 3-5)
7.2.7. Manufacturer & Distributor List (Top 5)
7.2.8. Economic Impact Study on Europe Liquid Hand Soap Market
- Asia Pacific Liquid Hand Soap Market, 2017-2030
8.1. Asia Pacific Liquid Hand Soap Market size & Forecast, 2017-2030
8.1.1. Demand
8.1.1.1. By Value (USD Billion)
8.1.2. Consumption
8.1.2.1. By Volume (Billion Litres)
8.2. Asia Pacific Liquid Hand Soap Market Share & Forecast, 2017-2030
8.2.1. By Product Type
8.2.1.1. Organic
8.2.1.2. Conventional
8.2.2. By Application
8.2.2.1. Household
8.2.2.2. Commercial
8.2.3. By Distribution Channel
8.2.3.1. Supermarkets & Hypermarkets
8.2.3.2. Convenience Store
8.2.3.3. Online
8.2.3.4. Others
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. By Price Point Analysis
8.2.6. Company Market Share (Top 3-5)
8.2.7. Manufacturer & Distributor List (Top 5)
8.2.8. Economic Impact Study on Asia-Pacific Liquid Hand Soap Market
- The Middle East & Africa Liquid Hand Soap Market, 2017-2030
9.1. The Middle East & Africa Liquid Hand Soap Market size & Forecast, 2017-2030
9.1.1. Demand
9.1.1.1. By Value (USD Billion)
9.1.2. Consumption
9.1.2.1. By Volume (Billion Litres)
9.2. The Middle East & Africa Liquid Hand Soap Market Share & Forecast, 2017-2030
9.2.1. By Product Type
9.2.1.1. Organic
9.2.1.2. Conventional
9.2.2. By Application
9.2.2.1. Household
9.2.2.2. Commercial
9.2.3. By Distribution Channel
9.2.3.1. Supermarkets & Hypermarkets
9.2.3.2. Convenience Store
9.2.3.3. Online
9.2.3.4. Others
9.2.4. By Country
9.2.4.1. Saudi Arabia
9.2.4.2. UAE
9.2.4.3. South Africa
9.2.4.4. Rest of The Middle East & Africa
9.2.5. By Price Point Analysis
9.2.6. Company Market Share (Top 3-5)
9.2.7. Manufacturer & Distributor List (Top 5)
9.2.8. Economic Impact Study on The Middle East & Africa Liquid Hand Soap Market
- South America Liquid Hand Soap Market, 2017-2030
10.1. South America Liquid Hand Soap Market size & Forecast, 2017-2030
10.1.1. Demand
10.1.1.1. By Value (USD Billion)
10.1.2. Consumption
10.1.2.1. By Volume (Billion Litres)
10.2. South America Liquid Hand Soap Market Share & Forecast, 2017-2030
10.2.1. By Product Type
10.2.1.1. Organic
10.2.1.2. Conventional
10.2.2. By Application
10.2.2.1. Household
10.2.2.2. Commercial
10.2.3. By Distribution Channel
10.2.3.1. Supermarkets & Hypermarkets
10.2.3.2. Convenience Store
10.2.3.3. Online
10.2.3.4. Others
10.2.4. By Country
10.2.4.1. Brazil
10.2.4.2. Argentina
10.2.4.3. Rest of South America
10.2.5. By Price Point Analysis
10.2.6. Company Market Share (Top 3-5)
10.2.7. Manufacturer & Distributor List (Top 5)
10.2.8. Economic Impact Study on South America Liquid Hand Soap Market
- Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company profile
11.7.1. Colgate-Palmolive Co.
11.7.2. GlaxoSmithKline Plc
11.7.3. Godrej Consumer Products Ltd.
11.7.4. GOJO Industries Inc.
11.7.5. ITC Ltd.
11.7.6. Medline Industries Inc.
11.7.7. New Avon Co.
11.7.8. Premier English Manufacturing Ltd.
11.7.9. Reckitt Benckiser Group Plc
11.7.10. Unilever Group
11.7.11. Procter & Gamble
11.7.12. 3M
11.7.13. Lion Corporation
11.7.14. Kao Chemicals
11.7.15. Other players
Frequently Asked Questions (FAQ)
The global liquid hand soap market was valued at USD 21 billion in 2022, and it is estimated to reach USD 235.6 billion in 2030, with growth over a CAGR of 31.5% during the forecast period 2022-2030.
Companies such as Colgate-Palmolive Co., GlaxoSmithKline Plc, Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Medline Industries Inc., New Avon Co., Premier English Manufacturing Ltd., Reckitt Benckiser Group Plc, Unilever Group, Procter & Gamble, 3M, Lion Corporation, and Kao Chemicals are the key players in the Global Liquid Hand Soap Market.
The Asia Pacific is estimated to occupy the highest liquid hand soap market share by 2030.
The household segment is estimated to lead the market by 2030 due to the increasing consumer awareness regarding hygiene and a healthy lifestyle in emerging economies.
