Liquid Soap Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 143 Pages I IMARC Group
The global liquid soap market size reached US$ 19.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
Liquid soap is a cleansing agent made from the salts of vegetable or animal fats, which is effective against bacteria and viruses. It has added moisturizers to prevent hands from getting dry and a lower pH level than bar soaps, making it suitable for people with sensitive skin. Due to its easy accessibility, convenience, and cost benefits, liquid soap is widely used for various household purposes, such as floor cleaning, maintaining hygiene, and washing clothes.
Liquid Soap Market Trends:
At present, the growing concerns about hygiene and cleanliness, along with the rising adoption of safety measures in homes, offices, and public places, represent one of the primary factors catalyzing the demand for liquid soap worldwide. Apart from this, with the introduction of touch-free hand hygiene dispensers, liquid soap is extensively used to maintain sanitation and sterility in hospitals and healthcare facilities. This can also be attributed to the coronavirus disease (COVID-19) outbreak and rising cases of infectious diseases like cold and chickenpox. Furthermore, liquid soap is utilized for maintaining hygiene requirements in hotels, quick-service restaurants (QSRs), and food processing. Besides this, key players are offering multi-purpose liquid soap with an advanced cleaning formula that can be used for dish wash, kitchen utensils, vehicles, and furniture. Moreover, they are focusing on developing organic variants that do not contain perfumes, gluten, dyes, allergens, animal by-products and harsh chemicals, such as phosphates, chlorine and petrochemicals. As these products are made from sustainable, plant-derived ingredients, which enhance their softening properties, reduce crumples, and prevent fading of color, rising environmental concerns among individuals are anticipated to provide a positive outlook for the market in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global liquid soap market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product type, distribution channel and application.
Breakup by Type:
Organic
Conventional
Breakup by Product Type:
Bath and Body Soaps
Dish Wash Soap
Laundry Soaps
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
Breakup by Application:
Households
Commercial
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Cleenol Group Ltd., Colgate-Palmolive Company, Godrej Consumer Products Limited, GOJO Industries Inc., Henkel AG & Co. KGaA, Kao Corporation, Lion Corporation, Medline Industries LP, Procter & Gamble Company, Reckitt Benckiser Group PLC and Unilever PLC.
Key Questions Answered in This Report
1. What was the size of the global liquid soap market in 2022?
2. What is the expected growth rate of the global liquid soap market during 2023-2028?
3. What are the key factors driving the global liquid soap market?
4. What has been the impact of COVID-19 on the global liquid soap market?
5. What is the breakup of the global liquid soap market based on the type?
6. What is the breakup of the global liquid soap market based on the product type?
7. What is the breakup of the global liquid soap market based on the distribution channel?
8. What is the breakup of the global liquid soap market based on the application?
9. What are the key regions in the global liquid soap market?
10. Who are the key players/companies in the global liquid soap market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Liquid Soap Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Organic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Conventional
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 Bath and Body Soaps
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Dish Wash Soap
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Laundry Soaps
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Application
9.1 Households
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3M Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cleenol Group Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Colgate-Palmolive Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Godrej Consumer Products Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 GOJO Industries Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Henkel AG & Co. KGaA
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Kao Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Lion Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Medline Industries LP
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 SWOT Analysis
15.3.10 Procter & Gamble Company
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Reckitt Benckiser Group PLC
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Unilever PLC
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
Figure 1: Global: Liquid Soap Market: Major Drivers and Challenges
Figure 2: Global: Liquid Soap Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Liquid Soap Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Liquid Soap Market: Breakup by Type (in %), 2022
Figure 5: Global: Liquid Soap Market: Breakup by Product Type (in %), 2022
Figure 6: Global: Liquid Soap Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Liquid Soap Market: Breakup by Application (in %), 2022
Figure 8: Global: Liquid Soap Market: Breakup by Region (in %), 2022
Figure 9: Global: Liquid Soap (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Liquid Soap (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Liquid Soap (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Liquid Soap (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Liquid Soap (Bath and Body Soaps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Liquid Soap (Bath and Body Soaps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Liquid Soap (Dish Wash Soap) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Liquid Soap (Dish Wash Soap) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Liquid Soap (Laundry Soaps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Liquid Soap (Laundry Soaps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Liquid Soap (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Liquid Soap (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Liquid Soap (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Liquid Soap (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Liquid Soap (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Liquid Soap (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Liquid Soap (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Liquid Soap (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Liquid Soap (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Liquid Soap (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Liquid Soap (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Liquid Soap (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Liquid Soap (Households) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Liquid Soap (Households) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Liquid Soap (Commercial l) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Liquid Soap (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Liquid Soap Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Liquid Soap Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Liquid Soap Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Liquid Soap Industry: SWOT Analysis
Figure 85: Global: Liquid Soap Industry: Value Chain Analysis
Figure 86: Global: Liquid Soap Industry: Porter's Five Forces Analysis
Table 1: Global: Liquid Soap Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Liquid Soap Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Liquid Soap Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 4: Global: Liquid Soap Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Liquid Soap Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Liquid Soap Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Liquid Soap Market: Competitive Structure
Table 8: Global: Liquid Soap Market: Key Players
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