Press release
Liquid Soap Market Study Provides In depth Analysis of Current Trends and Future Estimations 2027
Liquid Soap Market
COVID-19 Scenario Analysis:
Increment in demand for liquid soaps
Due to the implications of COVID-19, the demand for liquid soaps has witnessed a drastic upsurge, especially in the hand wash segment. Hand washes have been in experiencing an increase in demand as a precautionary practice against the widespread pandemic.
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Difficulties due to disruptions in supply chains
The disruption in supply chains has led to the unavailability of raw materials in the manufacturing units and finished products in the market. This lack of transportation, especially across international borders have led to a misbalance in the demand and supply of the product worldwide.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Increase in awareness of personal hygiene among the population is a major factor that drives the market growth for liquid soaps. There is an increase in the demand for liquid soaps in the commercial as well as household sector. This is because the product is convenient to use and can be carried along easily. The demand is witnessing an additional demand due to the anti-bacterial properties that are required as a precautionary practice against pollution and dirt-borne diseases. Although high price of product than the conventional soaps continues to act as a market restraint but the competitive edge that the product has over its substitutes, stands as a fueling agent to explore the potential market.
The global liquid soap market trends are as follows:
New product launches to flourish the market
The market is driven by innovations arising out of changing consumer requirements and the conversion of soaps from the solid cake form to the advanced liquid form is the result of market research and product innovation in the field of soaps and cleaning agents. The market of liquid soaps different products for cleaning, washing, and bathing that led to expansion of market with product diversification.
Surge in usage as hand wash and body wash
The hand wash and body wash segment is observed to conquer the maximum market share due to an upsurge of products in such applications. Use of hand washes have increased not just at homes but at work places and other institutions owing to the growing health awareness among individuals. These contain anti-bacterial properties, use of natural ingredients, organic compounds, and others. This boosts the growth of the market.
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Key Benefits of the Report:
• This study presents the analytical depiction of the global liquid soap industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global liquid soap market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global liquid soap market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global liquid soap market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Regions covered North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
Companies covered Premier English Manufacturing, Christina May Ltd., GlaxoSmithKline, Unilever, Colgate-Palmolive Company, Reckitt Benckiser Group plc., AVON PRODUCTS, Nivea, Johnson & Johnson Consumer Inc., Henkel Corporation, Cleenol Group Ltd., LES ROBINETS PRESTO S.A.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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