The Soap Dispenser Market is anticipated to strengthen its boundaries at an average CAGR of 6.0% during the forecast period. FMI expects the market to hold a share of USD 3.21 billion in 2023, while it is anticipated to cross a value of USD 5.75 billion by 2033.
The research report on the soap dispenser market explains that the rapidly growing demand for hygiene-enhancing products, along with their application across industries, is fuelling market growth.
Furthermore, the increasing consciousness around health and hygiene amongst people is pushing the sales of contactless products. Furthermore, automatic soap dispensers with sensor technology are also gaining traction in the market.
As the health infrastructure rapidly expands in some countries, safety elements are being installed, fueling the growth of the soap dispenser market. Apart from bathroom soap dispensers, office premises, healthcare spaces, and public utilities have also adopted smart soap dispensers.
Governments investing huge amounts of capital for the maintenance and infrastructural development of their country’s healthcare facilities aids market growth.
The soap dispenser market outlook states that liquid soap dispensers, along with foam soap dispensers, are penetrating households as they increase overall hygiene and make handwashing more effective. Market growth is also attributed to the expanding healthcare facilities in the Asia Pacific region with the leading population.
Governments around the world are introducing new campaigns to prevent the spread of any infectious disease. These campaigns make the citizens aware of how personal hygiene can be beneficial while promoting the usage of soap dispensers and sanitizers.
Smarty soap dispensers with sensors and other integrated technology are shaping new trends in the market. The future of dispensing technology is likely to be remote, sensory, and autonomous. Apart from technological advancements, manual dispensers still lead the market due to their higher availability for clean-label sales.
| Attributes | Details |
|---|---|
| Soap Dispenser Market CAGR (2023 to 2033) | 6.0% |
| Soap Dispenser Market Size (2023) | USD 3.21 billion |
| Soap Dispenser Market Size (2033) | USD 5.75 billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Short-term Growth (2023 to 2026): During this period, advanced healthcare systems that are being developed are pushing the demand for hygiene care products. Especially after the pandemic, people are more aware and are adopting liquid soap dispensers in their households and working spaces. Though, the market flourished at a comparatively lower CAGR of 4.7% between 2018 and 2022 due to the lower production and marketing. This happened as the aftereffect of the COVID-19 pandemic.
Mid-term Growth (2026 to 2029): This period is likely to elevate the growth rate as governments are building new healthcare systems and adopting the latest techniques. These techniques include and as it prevents the contamination and spread of any bacteria, viruses, and other fungi. Furthermore, the application of these dispensers in dispensing sanitizers is also gaining traction in the market.
Long-term Growth (2029 to 2033): The growing demand for new and exotic soap flavors that only come in liquid form is expected to fuel the market growth. This period is anticipated to witness higher automation in dispensing technology while integrating new technical elements. Thus, the soap dispenser market is anticipated to thrive at a strong CAGR of 5.0% between 2023 and 2033.
Soap bars have been proven to be extremely unhygienic, especially in public restrooms, as they carry bacteria, germs, and other harmful micro-organisms. As such, people could end up being at a higher risk of contracting numerous ailments. In such scenarios, soap dispensers are an ideal option and can be used extensively in public places.
The soap dispenser industry is dependent on sustained demand from a range of industries. Among these, demand from the hospitality industry remains key to growth. The hospitality industry in the United Kingdom, as per the Office of National Statistics, grew from USD 110.37 billion in the year 2015 to USD 125.78 billion in the year 2017.
The soap dispenser market players are devising novel categories of soap dispensers to grab a larger market share. This trend is bound to increase the volatility of the market in the forecast period (2023 to 2033).
For instance –
Principal Consultant
The soap dispenser market is witnessing innovations, to open doors for a new approach altogether. These innovations are likely to compel the market players to incorporate them into their manufacturing processes. Let’s glance through these innovations:
| Regions | Market Share, 2022 |
|---|---|
| United States | 81.5% |
| India | 32.8% |
| China | 44.2% |
| Germany | 21.8% |
| Japan | 30.1% |
| Australia | 61.8% |
Adoption of a Healthy Hygiene, Increased Healthcare Facilities, and Stringent Government Norms are Propelling the Market Growth
| United States Market Share (2022) | 81.5% |
|---|
As per FMI’s analysis, the United States soap dispenser market is thriving at a steady CAGR between 2023 and 2033. The market held 81.5% of the global market share in 2022.
The growth is attributed to the growing commercial buildings. It is important to mention that the North American soap dispenser market revenues are concentrated in the United States. Also, malls, restaurants, and hotels have been investing in remodeling themselves to enhance the consumer experience. This calls for proper sanitation and hygiene, thereby propelling the soap dispenser market in the forecast period all over North America. Europe comes in second as the travel and tourism industry therein goes hand in hand with its economy.
Growing Consciousness around Hygiene and Infection Prevention along with the Higher Population Garners the Growth of Asian Economies
| Chinese Market CAGR (2022) | 44.2% |
|---|
China soap dispenser market thrives at a healthy CAGR between 2023 and 2033, while it held a market share of 44.2% in 2022. Asia Pacific is expected to grow at the fastest pace between 2023 and 2033. This is basically due to economies like India and China expanding rapidly at the commercial and residential levels.
China is also experiencing multiple waves of COVID-19 with new strains and higher death rates. Thus, the government of China has implemented strict norms around the use of soap. The focus is to make citizens understand the value of personal hygiene in order to prevent infectious diseases.
An uplift in a standard of living along with growing awareness of consumers regarding hygiene and personal health are catalyzing demand for liquid soap. This, in turn, is likely to fuel the soap dispenser market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Segment | Top Product Type |
|---|---|
| Top Sub-segment | Manual |
| Market Share (2022) | 57.9% |
| Segment | Top Application |
|---|---|
| Top Sub-segment | Residential |
| Market Share (2022) | 37.1% |
By product type, the manual segment is anticipated to lead the market. The segment held a share of 57.9% in 2022. The growth is attributed to the easy application and low price of manual dispensers.
Also, the minimum penetration of automatic dispensers due to the higher prices and technological assistance is limiting its growth in the market. Furthermore, the higher availability of clean-label manual dispensers makes it the first choice for the business-to-business system.
Based on application type, the residential segment dominates the market. The segment covered 37.1% of the global market share in 2022. As people get more aware of their personal as well as overall hygiene, the growth in infectious diseases and their spread also garners the segment’s growth.
The soap dispenser market is home to numerous well-established players. Small- and medium-scale players have also found entries, especially after the outbreak of COVID-19. The players do have a vast and strong distribution network for reaching out to a broader audience.
The players are adopting strategies like new product launches and collaborations to strengthen their position.
Market Developments
The soap dispenser market held a value of USD 3.05 billion in 2022.
The market is expected to hold a value of USD 3.21 billion in 2023.
The soap dispenser market is anticipated to hold a share of USD 5.75 billion by 2033.
The soap dispenser market thrived at a 4.7% CAGR in the last four years, from 2018 to 2022.
The soap dispenser market is expected to have a CAGR of 6.0% by 2033.
The residential segment is expected to lead the application type category as it covered a market share of 37.1% in 2022.
The manual segment is anticipated to top the product type tally as it held a market share of 57.9% in 2022.
The market was valued at USD 3.05 billion in 2022.
The market is expected to hold USD 3.21 billion in 2023.
From 2017 to 2022, the market registered a CAGR of 4.7%.
The United States is to hold the majority share in the market.
A total of 57.9% of the share was held by the manual product in 2022.
1. Executive Summary | Soap Dispenser Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Automatic 5.2. Manual 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 6.1. Plastic 6.2. Nickel 6.3. Bronze 6.4. Stainless Steel 6.5. Silver 6.6. Chrome 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 7.1. Wall-mounted 7.2. Countertop 7.3. Free Standing 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 8.1. Below 500 ml 8.2. 500 – 750 ml 8.3. 750 – 1000 ml 8.4. 1000 – 1250 ml 8.5. 1250 – 1500 ml 8.6. 1500 ml & above 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 9.1. Residential 9.2. Corporate Offices 9.3. Commercial 9.4. Educational Institutions 9.5. Public Places 9.6. Others 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. Asia Pacific 10.5. MEA 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. ASI American Specialities, Inc. 18.2. Bradley Corporation 18.3. Simplehuman 18.4. Kohler Co. 18.5. Toto Ltd. 18.6. Georgia-Pacific LLC 18.7. Bobrick Washroom Equipment, Inc. 18.8. Sloan Valve Company 18.9. GOJO Industries, Inc. 18.10. Frost Products Ltd. 18.11. Dudley Industries Ltd. 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Consumer Product Insights
View Reports
Soap Dispenser Market
