Press release
Liquid Soap Market 2024 : Investment Opportunities, to Cross USD 38.19 Billion by 2027
Drivers, restraints, and opportunities-
Rise in awareness about huge number of benefits associated with healthy & hygienic lifestyle, various initiatives by governments and hospitals toward maintenances of personal hygiene, and ease in availability of low-cost products drive the growth of the global liquid soap market. On the other hand, certain governments in various countries of Europe, the America's, and Asia-Pacific have put restrictions on use of chemical additives in liquid soaps, which restrains the market growth. However, rapid urbanization in developing economies and increase in use of luxurious premium organic liquid soaps across the globe are expected to create multiple opportunities in the future.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ : https://www.alliedmarketresearch.com/request-sample/7206
The conventional segment to retain its dominance by 2027-
Based on type, the conventional segment contributed to more than two-thirds of the global liquid soap market share in 2019, and is expected to lead the trail by the end of 2027, due to growing preference for homemade and handcrafted shops and ease of manufacturing these product types at low cost. The organic segment, on the other hand, would grow at the fastest CAGR of 9.5% throughout the forecast period, due to rapid urbanization in developing economies and increased consumption of premium organic liquid soaps across the world.
The face wash segment to rule the roost-
Based on product type, the face wash segment accounted for more than one-third of the global liquid soap market share in 2019, and is expected to lead the trail by the end of 2027, due to growing preference for skin beauty product types to maintain healthy skin, increasing consumer affordability. At the same time, the hand wash segment would garner the fastest CAGR of 9.6% from 2021 to 2027, owing to increase in number of covid cases globally.
North America had the major share in 2019-
Based on region, North America held the major share in 2019, garnering more than one-third of the global liquid soap market. Rise in product innovation that reduces skin related concerns along with their hygiene-related functionalities drives the market growth in the region. Simultaneously, the market across Asia-Pacific would cite the fastest CAGR of 10.1% during the forecast period. This is due to rise in utilization of organic product types that contain anti-bacterial properties, soothing fragrances, and natural ingredients.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/7206
Frontrunners in the industry-
Procter & Gamble
Bluemoon Body care
Unilever
Reckitt Benckiser Group plc.
Lion Corporation
GOJO Industries Inc.
Kao Chemicals
Godrej Consumer Products
3M
NEW AVON LLC
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ https://www.alliedmarketresearch.com/liquid-soap-market-A06841
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐๐ฒ๐ ๐๐ก๐๐๐จ๐ฐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/eye-shadow-market-A16914
๐๐จ๐ซ๐ ๐๐ญ๐ซ๐ข๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/pore-strips-market-A10612
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ง๐ ๐๐ง๐ญ๐ข๐ฉ๐๐ซ๐ฌ๐ฉ๐ข๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/deodorant-and-antiperspirants-market
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