Wall-Mounted Soap Dispenser Market Size Worth $1.4 Billion By 2030: IndustryARC
Research Reports
Oct 06, 2023
Wall-Mounted Soap Dispenser Market size is predicted to reach $1.4 billion by 2030, growing at a CAGR of 6.3% during the forecast period 2023-2030 according to the latest market research report published by IndustryARC. The increasing demand for hygiene and cleanliness, rapid growth of the healthcare industry and the development of touchless soap dispensers are poised to propel the market growth, finds IndustryARC in its recent report, titled “Wall-Mounted Soap Dispenser Market Size, Share & Trends Analysis Report By Product Type (Automatic, Manual), By Soap Type (Foam Soap, Liquid Soap), By End-Use (Residential, Commercial, Corporate Offices, Healthcare, Educational Institutions, Public Places, Others), By Region and Segment Forecasts, 2023–2030”.
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Asia-Pacific to Register Highest Growth:
The growing number of commercial and residential buildings, particularly in emerging economies such as India and China, is contributing to the growth of the Asia Pacific soap dispenser market. There is also a growing awareness of the importance of maintaining hygiene and cleanliness in public places, workplaces, and homes. Due to this increased awareness, demand for soap dispensers is expected to increase in the Asia-Pacific region.
Wall-Mounted Soap Dispenser Market 2023-2030: Scope of the Report
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Report Metric |
Details |
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Base Year Considered |
2022 |
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Forecast Period |
2023–2030 |
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CAGR |
6.3% |
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Market Size in 2030 |
$1.4 billion |
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Segments Covered |
Product Type, Soap Type, End-Use and Region |
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Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
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Key Market Players |
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Wall-Mounted Soap Dispenser Market Report – Key Takeaways:
North America is Leading the Market
The North America region held a major market share of 36% in 2022. North America is known for having high hygiene standards in public places, workplaces, and homes. As a result, there is a greater demand for soap dispensers to encourage handwashing and prevent germ transmission. In North America, the commercial sector is thriving, with many businesses and public institutions requiring soap dispensers in their restrooms and other facilities.
Commercial End-Use held the Largest Market Share
The commercial end-use held a market share of 41% in 2022. Restaurants and hotels have higher foot traffic and require more frequent handwashing, which increases the demand for soap dispensers. Furthermore, commercial settings put a great emphasis on hygiene and cleanliness, making the use of soap dispensers essential. Commercial spaces have a substantial maintenance and cleaning budget, allowing for installing more sophisticated and advanced soap dispenser systems.
Growing Hygiene and Cleanliness Awareness
One of the primary drivers of the wall-mounted soap dispenser market is the growing awareness of hygiene and cleanliness. The COVID-19 pandemic has raised hygiene awareness, with governments, health organizations, and businesses promoting hygiene practices to help prevent the virus’s spread. Hand washing and using soap and hand sanitizers have become essential hygiene practices for protecting oneself and others from infection.
Installation Cost and Regular Maintenance
While soap dispensers are a long-term, cost-effective solution for hand hygiene, the initial cost of purchasing and installing soap dispensers can be costly for some businesses and households, particularly in developing countries. Regular maintenance and refilling of soap dispensers are time-consuming and costly. If improperly maintained, soap dispensers can become a breeding ground for bacteria and other pathogens, reducing their effectiveness in promoting good hand hygiene.
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Key Opportunity Analysis:
Adoption of Sensor-based Soap Dispensers
Sensor-based soap dispensers are becoming more popular as businesses and households seek touchless hand hygiene solutions to reduce the spread of infectious diseases. Sensor-based soap dispensers detect the presence of a hand and dispense a controlled amount of soap without physical contact. Sensor-based soap dispensers are simple and require little effort, making them an excellent choice for public restrooms, offices, and other high-traffic areas.
Increased Focus on Sustainability
In the wall-mounted soap dispenser market, there is a growing focus on sustainability and reducing plastic waste, which presents an opportunity for manufacturers to develop eco-friendly soap dispensers. Many manufacturers are developing refillable soap dispensers to reduce the need for single-use plastic cartridges and waste. Additionally, manufacturers are developing biodegradable and environmentally friendly soap formulations to minimize environmental impact.
Rising Demand in Developing Countries
The wall-mounted soap dispenser market presents a significant opportunity in developing countries with limited access to clean water and soap. Manufacturers can create low-cost, simple-to-use soap dispensers to help improve hand hygiene practices in these markets. Manufacturers can create low-cost soap dispensers for low-income households in developing countries. This can be accomplished by designing dispensers with few parts and easy assembly, lowering production costs and making them more accessible to a broader market.
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The Report also Covers the Following Areas:
Wall-Mounted Soap Dispenser Market Size and Forecast
Wall-Mounted Soap Dispenser Market Trends
Wall-Mounted Soap Dispenser Market Analysis by Product Type
Wall-Mounted Soap Dispenser Market 2023-2030: Key Highlights
CAGR of the market during the forecast period 2023-2030
Value Chain Analysis of key stake holders
Detailed analysis of market drivers and opportunities during the forecast period
Wall-Mounted Soap Dispenser Market size estimation and forecast
Analysis and predictions on end users’ behavior and upcoming trends
Competitive landscape and Vendor market analysis including offerings, developments, and financials
Comprehensive analysis of challenges and constraints in the Wall-Mounted Soap Dispenser Market
Covid and Ukrainian Crisis Impact:
COVID-19 Impact: The COVID-19 pandemic has significantly impacted the market for soap dispensers. Due to the importance of hand hygiene in preventing the spread of the virus, soap dispensers were in increasingly high demand. Touchless and automatic soap dispensers became increasingly popular during the COVID-19 pandemic because they help to reduce germ spread by minimising contact with the dispenser.
As a result of increased awareness about hygiene and the importance of hand washing to prevent the spread of infectious diseases like COVID-19, the wall-mounted soap dispenser market is expected to continue to grow in the coming years.
Ukraine Crisis Impact: The demand for soap dispensers is driven primarily by hygiene awareness, population growth, and economic development. While political and social unrest in Ukraine can impact business operations and consumer behavior, it is unlikely to affect the global wall-mounted soap dispenser market significantly, except in the domestic and regional market where the confiict is negatively impacting the real estate industry.
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List of Key Market Players in Wall-Mounted Soap Dispenser Market:
The Global Wall-Mounted Soap Dispenser Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:
GOJO Industries, Inc.
Hokwang Industries Co., Ltd.
Kohler Co.
ASI American Specialties, Inc.
Simplehuman LLC
Toto Ltd.
Bobrick Washroom Equipment, Inc.
Bradley Corporation
Georgia-Pacific LLC
CERA Sanitaryware Limited
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