What is Utility Soap Bar Market?
Utility soap bar is used for a cleanser for face, body, and hair. It is nutrient-rich bar soap and removes sweat and dirt while cleansing hair and skin. Various types of ingredient are used for manufacturing utility soap bar such as palm oil soap base, apricot oil, nigella sativa, seed butter, tocopherol, among others. The various benefit of using utility soap bars such as removes skin impurities and oils on and below the skin contains anti-bacterial and anti-fungal properties and other benefits.
The market study is being classified by Type (4 Ounce, 5 Ounce, 8 Ounce and 10 Ounce), by Application (Wholesale Markets, Retail Stores and Online Retailers) and major geographies with country level break-up.
Dirty knees Soap (United States), Shea Moisture (United States), Beaumont Products, Inc. (United States), The Procter & Gamble Company (United States), Dr.Squatch (United States), Duke Cannon (United States) and Guelph Soap (Canada) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Utility Soap Bar market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Utility Soap Bar market by Type, Application and Region.
On the basis of geography, the market of Utility Soap Bar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Healthcare Awareness and Rising Disposable Income across the Globe
- Changing Lifestyle among Teenager and Middle-Class Families
Market Trend
- One of the latest Market Trend is Innovation R&D for Raw Material by various companies such as Dirty knees Soap (United States)
Restraints
- Stringent regulation regarding the Usage of Ingredient for Manufacturing Utility Soap Bar Products and Tax & Regulatory Structure
Opportunities
- Rising Population of the Asia-Pacific Region Coupled With Rapid Urbanization in Countries Such as India, China, Indonesia, and Malaysia
Challenges
- Issue Related to Lack of Awareness Utility Soap Bar Products in Some Region
In September 2016, the Food and Drug Administration has banned 19 ingredients from antibacterial soap and washes which includes two suspected endocrine disruptors and it is linked to reproductive and developmental harm. Hence, it might acts as a restraint for the market in the future
Key Target Audience
Utility Soap Bar Manufacturer, Raw material supplier, Association & government bodies, Research laboratories, Research companies and Others