The Electric Soap Dispenser Market is likely to hold the global market at a moderate CAGR of ~6.3% during the forecast period. The global market holds a forecasted revenue of ~US$ 1.28 Billion in 2022 and is likely to cross ~US$ 2.19 Billion by the end of 2032.
The Electric Soap Dispenser market is anticipated to show promising growth prospects during the forecast period, expanding the Electric Soap Dispenser market size.
| Attribute | Details |
|---|---|
| The Electric Soap Dispenser Market Estimated Size (2021) | ~US$ 1.19 Billion |
| The Electric Soap Dispenser Market Estimated Size (2022) | ~US$ 1.28 Billion |
| The Electric Soap Dispenser Market Projected Size (2032) | ~US$ 2.19 Billion |
| The Electric Soap Dispenser Market CAGR (2022 to 2032) | ~6.3% |
Personal health and hygiene are the most important factors that can lead to a healthy life. Personal hygiene is important for being in perfect health and not getting any infections from any potential source.
To make sure an individual does not get infected by microbes, they must wash their hands. The use of soap and other aids that will further increase the effectiveness of washing hands is preferred by many health experts. Using liquid soap and toilet soap are the most common ways of washing hands. But, there are chances that the containers and dispensers used for these soaps can get contaminated due to continuous use. Electric soap dispensers are the best option for these containers and manual dispensers can offer complete protection.
With the aid of sensors, the electric soap dispenser operates automatically and dispenses liquid soap. With the help of the electric soap dispenser, you can keep your hands clean by eradicating bacteria on them without ever touching the soap.
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Due to the COVID pandemic, people are getting aware of personal hygiene and proper hand-washing techniques. They are focused on effective cleaning and time-to-time disinfection of equipment or other instruments that people commonly touch and are potential sources of infections. This growing consciousness about cleanliness and personal hygiene is aiding in electric soap dispenser sales.
Online market sites like Amazon and Flipkart are the biggest markets for these dispensers. There is a number of different type of electric soap dispensers, from different costs to designs and colors, and people are getting freedom of choice to select a suitable dispenser. People are also purchasing these dispensers as they are modern and using automated machinery is trending. Increasing disposable income is also helping the increasing sales of electric soap dispensers.
The electric dispensers are fitted with sensors and valves, which help in the accurate dispensing of soap. There are adjustment buttons, which quickly adjust the soap amount, without any mess and complications. Such convenience without touching the dispenser is attracting people from all around the world to these electric dispensers, boosting the market value.
The soap dispensers are used for their efficiency and accuracy. The main market for dispensers is in different sectors like hospitality, food, and healthcare. However, there are limited sales in households, as mainly manual dispensers and bar soaps are commonly preferred by families.
There are other options that help in effective hand disinfection, other than soaps. Hand sanitizers and rubbing alcohols disinfect without using water or other requirements. These easy methods along with other cheaper options are being restrained by market growth.
The electric dispensers are costly, due to the different components used in them. Infrared sensors, motors, and valves along with the specially designed body are making these dispensers expensive. Most people with high disposable income are purchasing these electric dispensers, while middle-class people are preferring manual dispensers, due to the price difference. These are some market restraints hindering market growth.
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The United States is observing a surge in the use of electric soap dispensers. There are electric soap dispensers in different industries, including food facilities, hospitals, schools, and many others. The increasing trend of smart restrooms is also helping in increasing the use of these dispensers. The safety concerns of people in public places are now over, as many facilities are using electric soap dispensers.
China is the leading market for electric soap dispensers. There are manufacturers and consumers in the country, that are helping the dispenser market grow. People are getting more health conscious due to the recent pandemic. Visiting public places and use of public services are now limited in the country, and touch-free dispensers are gaining popularity as they ensure the safety of users. The dispensers with indicators and optional modifications are popular due to their ease and convenience of use.
Some key players in the Electric Soap Dispenser market are American Specialties Inc., Simplehuman Company, Euronics Industries Pvt. Ltd., GOJO Industries Inc., BAFX Products Company, Philippe Taglioni Company, Nivahome Company, PerPik Company, Rubbermaid Commercial Products Company, Palmer Fixture Company, Umbra Company, and others.
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| Attribute | Details |
|---|---|
| Growth Rate | CAGR of ~6.3% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical Data Available for | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative units | Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
| Segments Covered | Material Type, End User, Distribution Channel, Region |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa |
| Key Companies Profiled |
American Specialties Inc.; Simplehuman Company; Euronics Industries Pvt. Ltd.; GOJO Industries Inc.; BAFX Products Company; Philippe Taglioni Company; Nivahome Company; PerPik Company; Rubbermaid Commercial Products Company; Palmer Fixture Company; Umbra Company; Others |
| Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The Electric Soap Dispenser market is expected to reach a valuation of ~US$ 1.28 Billion in 2022.
An increase in health consciousness among people from all over the world, trending modern technologies and increasing urbanization, an adaptation of safety precautions by industries, and increasing disposable income are the key drivers for the electric soap dispenser market.
Leading players operating in the Electric Soap Dispenser market are American Specialties Inc., Simplehuman Company, Euronics Industries Pvt. Ltd., GOJO Industries Inc., BAFX Products Company, Philippe Taglioni Company, Nivahome Company, PerPik Company, Rubbermaid Commercial Products Company, Palmer Fixture Company, Umbra Company and among others.
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Electric Soap Dispenser Market
