Global Soap Dispenser Market

Soap Dispenser Market Size, Share, Growth Analysis, By Product (Automatic, Manual), By Application, By Region - Industry Forecast 2025-2032


Report ID: SQMIG30L2191 | Region: Global | Published Date: December, 2024
Pages: 198 | Tables: 66 | Figures: 75

Soap Dispenser Market Insights

Soap Dispenser Market size was valued at USD 1.51 Billion in 2023 and is poised to grow from USD 1.63 Billion in 2024 to USD 3.02 Billion by 2032, growing at a CAGR of 8.0% during the forecast period (2025-2032).

Soap dispenser manufacturers are benefiting from the growing growth of the bathroom fittings market. Furthermore, increased demand for visually pleasing multipurpose soap dispensers that compliment other plumbing fixtures is driving the market. However, the present global outbreak of COVID-19 has dramatically increased public awareness of the importance of personal hygiene and keeping a clean environment. Touch can easily spread the extremely contagious virus from one infected object or person to another. As a result, healthcare organizations all around the world have identified frequent hand washing with soap as a vital preventive intervention. This has boosted the growth of the soap dispensers’ market, and the trend is expected to continue in the coming months.

The rapid growth of the commercial construction industry has also opened up opportunities for plumbing components such as soap dispensers. The hospitality industry, notably hotels, resorts, and healthcare facilities, is growing the need for soap dispensers in these areas. According to a report provided by Lodging Econometrics (LE), the United States established 665 new hotels with 85,306 rooms through the third quarter of 2021, with another 221 hotels with 23,026 rooms opening by the end of the year, for a total of 886 hotels with 108,332 rooms for 2021.

Furthermore, broadening the product portfolios of industry producers is anticipated to have a favorable impact on the market. Manufacturers have been exploring various materials and designs in order to provide consumers with personalized soap dispensers. As people's lifestyles and disposable incomes improve, more lavish bathrooms are being built, with the goal of providing a more spa-like environment. This increases demand for sophisticated bathroom fixtures.

Furthermore, with the development of smart and linked technology, businesses are also introducing smart soap dispensers, and this trend is gaining popularity among consumers. Kohler Company, for example, sells an automatic 16-ounce soap dispenser. This refilled dispenser fits into pre drilled drain holes and works with modern-style faucets. The product can be purchased in a variety of finishes, including Polished Chrome, Vibrant Plated Nickel, Brushed Chrome, & Vibrant Stainless.

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FAQs

Global Soap Dispenser Market size was valued at USD 1.40 Billion in 2022 and is poised to grow from USD 1.51 Billion in 2023 to USD 2.80 Billion by 2031, by rising at a CAGR of 8.0 % during the forecast period (2024-2031).

The market is characterized by the existence of a few established companies as well as new entrants. Many major players are expanding their focus on the growing trend of soap dispensers. To maintain market share, market participants are diversifying their product offerings. 'GOJO Industries, Inc. ', 'Kimberly-Clark Corporation ', 'TOTO Ltd. ', 'Bobrick Washroom Equipment, Inc. ', 'American Specialties, Inc. ', 'Georgia-Pacific LLC ', 'Bradley Corporation ', 'Essity AB ', 'Procter & Gamble Co. ', 'Rubbermaid Commercial Products LLC ', 'Hokwang Industries Co., Ltd. ', 'Mediclinics S.A. ', 'Sloan Valve Company ', 'ASI Group ', 'Dolphin Solutions Ltd. ', 'Lovair Ltd. ', 'Umbra Ltd. ', 'Simplehuman LLC ', 'Dyson Ltd. ', 'Palmer Fixture Company'

The initial cost of purchasing and installing soap dispensers, particularly automated and advanced systems, can be a restraint for some buyers. The expenses involved in retrofitting existing infrastructure or implementing dispensers in large-scale facilities may hinder market growth, especially for cost-conscious buyers.

Touchless and Sensor-Based Technology: There is a growing trend towards touchless and sensor-based soap dispensers. These dispensers utilize infrared sensors or proximity sensors to detect hand movement and dispense soap without the need for physical contact. Touchless dispensers enhance hygiene, reduce cross-contamination, and offer a more convenient and user-friendly experience.

North America held a 31.9% share of the retail cooler market in 2022. Increased consumer investment in commercial establishments such as malls, restaurants, & movie theaters has resulted in an increase in the demand for efficient restrooms, fueling the demand for dispensers for soap. According to data supplied by the United States Department of Agriculture (USDA), the number of quick-service eateries operating in the United States increased from 183,543 in 2021 to 189.402 in 2022.

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Global Soap Dispenser Market

Report ID: SQMIG30L2191

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