The Liquid Soap Market size is expected to reach USD 29.79 Billion in 2028 and register a revenue CAGR of 5.8% over the forecast period, according to the latest report by Reports and Data. Rising demand for chemical-free and natural products is a key factor driving market revenue growth. Consumers are widely exposed to a wide range of information, including hygiene and healthy lifestyles, through various media and online channels. As a result of rising awareness regarding various benefits associated with health and hygiene, consumers are becoming more conscious about cleanliness in their day-to-day life. Consumers are looking for compatible or portable hygiene products that can be used anytime and anywhere. Liquid soaps are one of the most appropriate products that cater to needs and wants of consumers. Liquid soaps help to reduce number of germs and bacteria effectively. In addition, they also protect against certain types of contaminants such as harmful chemicals and infections. Today, majority of people globally are using liquid soap instead of bar soap as it helps to retain more than 30% of skin moisture. Liquid soaps are ideal for dry and sensitive skin due to low pH levels. They are also available in a variety of fragrances such as lemon, lavender, orange, mint, peach, jasmine, and lotus, thereby, driving demand among consumers.
Rising incidence of chronic disease provides manufacturers lucrative opportunities to develop products, which is expected to support market growth during the forecast period. Rising consumer demand for homemade and handcrafted soaps, as well as the convenience of low-cost manufacturing, are attracting more players to global liquid soap market. Rising investment in research and development activities to introduce high quality products is another factor driving demand for liquid soaps going ahead.
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Key Regional Markets Covered in the Report:
- North America
- S.
- Canada
- Mexico
- Europe
- Russia
- K.
- Germany
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
- Israel
- Rest of Middle East & Africa
Top 10 Profiled in the Global Liquid Soap Market Report:
- Reckitt Benckiser Group PLC.,
- Procter & Gamble,
- Unilever,
- 3M,
- Lion Corporation
- Others
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Key Takeaways of the Global Liquid Soap Market Report:
- A comprehensive overview of the global Liquid Soap industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Liquid Soap market.
- Elaborate study of the leading regional markets in the global Liquid Soap market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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