A soap dispenser is a device that distributes soap, when activated in case of an automatic dispenser, or manually. It is generally a battery-powered or manually-operated and is accessible in various colors, materials, mechanisms, shapes, sizes, and styles. A soap dispenser frequently can be seen in public restrooms. Soap dispenser comes in an easy to use, practical and durable design. Growing worries about hygiene amongst the consumers around the world and growing purchasing power of middle-class income groups are likely to drive the market.
Market Dynamics- Global Soap Dispenser Market
Factors such as rising obtainability of tailored products that are easy to use, germ-free product, and mounting importance regarding hygiene among people, particularly in rural areas drive the market for soap dispensers. Moreover, the advantages provided by an automatic soap dispenser comprise the ability to sense and dispense soap automatically and they are intended in different forms, which are key drivers that are likely to push the global soap dispenser market in the near future. Besides, surging penetration of new entrants, specifically local players, into the market is likely to fuel competition, which in turn is anticipated to offer a better product with enhanced technology and boost the soap dispenser market in the near future. Moreover, the outbreak of the COVID-19 pandemic is further anticipated to push the market growth.
Soap Dispenser Market Segmental Overview
The study analyses Global Soap Dispenser market based on type, application, distribution channel and geography.
- Automatic and Manual are the two types of soap dispensers commercially available to the customers. Automatic soap dispensers dispenses a controlled amount of soap solution and are generally used together with automatic faucets in public restrooms. The implementation of automatic soap dispensers has increased substantially owing to public locations and private institutions being incorporating touchless technology. However, manual dispenser accounted for a majority of the market share owing to ease of availability and low cost.
- The market finds application in residential as well as commercial. Commercial segment includes restaurants & hotels, schools & offices and other public places. Residential segment is anticipated to be growing at a rapid pace owing to the customer inclination towards smart homes that consist of technically advanced devices, rising disposable income etc.
- Online and offline stores are the major distribution channels of this market. Online and offline are two major distribution channels for the sports equipment market. Online distribution channel segment is projected to grow at a faster rate owing to the rising use of electronic devices. Moreover, convenience is the biggest factor driving the online shopping industry thus influencing customers to purchase online.
Soap Dispenser Market by Geography
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America is likely to dominate the market owing to mounting number of commercial buildings. With the growing number of hotels and restaurants in this region, there is growing need for proper hygiene which is likely to fuel the market.
However, Asia Pacific is anticipated to be the fastest growing region lead by China, India, Japan, and South Korea and are likely to contribute significantly during the forecast period. Growth in the standard of living and rising importance of hygiene among the populace is expected to drive the market in this region. Rapid growth of the hotel industry and growing disposable income and urbanization are the major factors driving the market development in this region.
Global Soap Dispenser Market-Key Players
The major players involved in this market are Toto Ltd., Kohler Co., Simplehuman, Bradley Corporation, GOJO Industries, Inc., ASI American Specialties, Inc., Bobrick Washroom Equipment, Inc., Duravit AG, Georgia-Pacific LLC, Sloan Valve Company among others.
