Bath Soap Market

Global Bath Soap Market Size, Share, Price, Report, Forecast 2021-2026

The new report by Expert Market Research titled, ‘Global Bath Soap Market Trends, Size, Share, Report and Forecast 2021-2026’, gives an in-depth analysis of the global bath soap market, assessing the market based on its segments like product type, form, distribution channel, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 20.5 Billion
  • Forecast CAGR (2021-2026): 5%
  • Forecast Market Size (2026): USD 27.5 Billion

The bath soap market is being driven by growing population, increase in disposable income, changing lifestyle, rising focus on hygiene, and higher standards of living. There has been a rise in demand for soaps with varied fragrance and attractive designs. The industry is also being propelled by the rising penetration of e-commerce platform in purchase of soaps.

Key players are providing wide variety of options to the customers because of the increasing focus on hygiene and environment issues. Prevalence of infectious diseases like COVID-19 and diarrhoea, among others, can be significantly used for maintaining hygiene, which is leading to the growth in bath soap market.

Bath Soap Industry Definition and Major Segments

Bath soap is a cleansing agent made from the salts of vegetable or animal fats used as face soap and toilet soap. Bath soap is typically made up of moisturisers and cleansing agents that work together to soften skin and clean it.

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On the basis of product type, market is segmented into:

  • Premium Products
  • Mass Products

The bath soap market, can be categorised, on the basis of form into:

  • Solid Bath Soaps
  • Liquid Bath Soaps

The market can be broadly segmented on the basis of distribution channel into:

  • Supermarkets and Hypermarket
  • Convenience Stores
  • Pharmacies
  • Speciality Stores
  • Online
  • Others

The regional markets for bath soap include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Bath Soap Market Trends

The growth of the industry is primarily driven by the rising demand for personal care and hygiene among the consumers. Key market players such as Procter and Gamble Company, Unilever PLC, and Colgate-Palmolive Company, are the three largest players in the market. Procter and Gamble is the leading player among the three, globally.

Increasing investment in the bath soap by the key players is leading the market. There are new innovations in bath soap manufacturing like different fragrances and designs, among others, which are aiding the growth of the industry. The rising R&D activities in bath soap industry is expected to drive the market growth further.

Key Market Players

The major players in the market are The Procter & Gamble Company, Unilever, and Colgate-Palmolive Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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By Michael Caine

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