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Liquid Hand Soap Market Size
- Report ID: GMI4817
- Published Date: Apr 2023
- Report Format: PDF
Liquid Hand Soap Market Size
Liquid Hand Soap Market size was valued at over USD 3 billion in 2022 and is predicted to record more than 7.5% CAGR from 2023 to 2032. The increasing demand for sanitation & cleansing products across the globe is influencing the market development.
The introduction of new government initiatives to promote the use of hygiene products will facilitate market growth. Currently, agencies like the U.S. Department of Agriculture (USDA) are offering educational materials for workers from various industries to maintain hand hygiene. The agency provides a factsheet that helps guide farm harvesters to prevent viral infections that cause illnesses like norovirus and hepatitis A. Rising disposable income will fuel the demand for liquid hand soap which is used as anti-bacterial soap.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Liquid Hand Soap Market Size in 2022: | USD 3.04 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 6.37 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 240 |
| Segments covered: | Packaging, Distributional Channel, Nature, Application, |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Excessive use of synthetic ingredients in liquid hand soap could impede market expansion. Preservatives like methylisothiazolinone (MIT) and methylchloroisothiazolinone (CMIT) are commonly used in many liquid soaps. These chemicals are also used as ingredients in cleaning & personal care products and act as preservatives. The rise in cases of health issues due to unhygienic living conditions will supplement the market growth.
Frequently Asked Questions (FAQ) :
Liquid Hand Soap Market Scope
