Hand Soap

Hand Soap Market is Expected to Witness Rapid Growth of Around 6.7% By 2031

Retail and Consumer Goods

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Hand Soap market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Hand Soap

The report offers actionable and valuable market insights of Hand Soap. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Hand Soap Market across various industries and regions.

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Hand Soap market Segmentation

Fact.MR has studied the hand soap market with detailed segmentation on the basis of pack size, application, sales channel, and key regions.

  • By Pack Size :

    • 100 ml to 200 ml
    • 200 ml to 500 ml
    • 500 ml to 1L
    • 1L to 5L
  • By Application :

    • Industrial
    • Medical & Clinical
    • Household
    • Others
  • By Sales Channel :

    • Retail Stores
    • Hyper Markets
    • Big-box retailers
    • Pharmacies
    • Mom & pop stores
    • E-Commerce
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Hand Soap Manufacturers to Gain Opportunity Owing to the Shattered Supply Chain across the Regions

Global hand soap market is consolidated in nature as there are only select players in the market claiming majority of the market share. Few manufacturers such as Shiseido have entered the competition.

However they have failed against popular consumer choices such as Reckitt Benckiser’s “Dettol“and Unilever’s “Lifebuoy”. Tier -1 players such as Reckitt Benckiser, Unilever, Johnson & Johnson and Henkel are set to capture 30 – 35% of the market share for hand soap.

Colgate Palmolive’s subsidiary “softsoap” has improved sales over the period of 2015-2019 owing to the growing demand and the launching of flavoured hand soaps with disinfectant properties. At the peak of COVID-19, manufacturers were facing a huge supply-demand gap owing to the eruption of infections. This has shrunk regional contingencies.

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