About Liquid Hand Soap
Liquid and soap are formulated to scrub and clean hands. Liquid hand soap is the best-selling and most extensively utilized in detergent products groups. Liquid hand soaps may have different features counting on content. There are variations, like for youngsters, opaque, with glycerine, with antibacterial, transparent and etc. Liquid hand soap contains an anionic surfactant, cocamide dea surfactant, coco betaine as an amphoteric surfactant, opaque agent as making opaque, dye, fragrance, glycerine for prevention hand outside conditions and etc. FDA is undertaking an evaluation of active ingredients utilized in a spread of over-the-counter (OTC) antiseptic rubs and wash products. Health care antiseptics are being evaluated separately from consumer antiseptics because they need different proposed use settings and target populations, and therefore the risks for infection vary.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 31.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The users are shifting towards antimicrobial ingredients in soap solutions due to increasing cases of COVID is rapidly increasing the liquid hand soap market trends. Industry players are investing in introducing new products with antimicrobial properties in an attempt to capitalize on emerging trends in the market sphere. Furthermore, manufacturers are introducing various soap solutions induced with natural fragrances and moisturizing agents in an effort to remain competitive in post COVID economy. Analyst at AMA Research estimates that United States and European Vendors will contribute the maximum growth to Global Liquid Hand Soap market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Unilever (United Kingdom), Kimberly Clark (United States), AVON (United Kingdom), 3M (United States), Pental Products (Australia), Procter & Gamble (United States), The J.R. Watkins and Co. (United States), Henkel Corporation (Germany), Medline Industries (United States), Johnson & Johnson (United States), Colgate Palmolive (United States) and Godrej Consumer Goods (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cleenol Group (United Kingdom) and Method Products (United States).
Segmentation Overview
AMA Research has segmented the market of Global Liquid Hand Soap market by Type (Natural and Synthetic) and Region.
On the basis of geography, the market of Liquid Hand Soap 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Liquid Hand Soap market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Gel will boost the Liquid Hand Soap market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Bottle will boost the Liquid Hand Soap market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Household will boost the Liquid Hand Soap market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation in Packaging Techniques
Market Growth Drivers:
Rising Hygiene Concern and Increasing Demand for Liquid Solutions Owing to its Easy to Carry Nature
Challenges:
Intense Rivalry among Market Players
Restraints:
High competition
Opportunities:
Application of Natural Ingredients in Personal Care and Growing Manufacturing Activity and Modernization in Healthcare Practices
Market Leaders and their expansionary development strategies
In May 2022, Lion Corporation announced the formation of a joint venture with Kallol Limited in Bangladesh. Kallol manufactures brands in fabric care, beauty care, and other fields, as well as a distribution network and sales capabilities, covering all countries.
In September 2022, Reckitt Benckiser Group plc launched a new liquid hand wash under its Dettol brand, enhancing its product line and emphasizing the importance of hand hygiene.
Key Target Audience
Manufacturers of Liquid Hand Soap, Suppliers of Liquid Hand Soap, Wholesalers, Distributors and Retailers of Liquid Hand Soap, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.