Automatic Soap Dispenser Market - Global Outlook and Forecast 2021-2026

AUTOMATIC SOAP DISPENSER MARKET OVERVIEW

The automatic soap dispenser market size was valued at USD 778.06 million in 2020 and is expected to reach USD 1574.02 million by 2026, growing at a CAGR of 12.46%. The market is witnessing increased demand from healthcare, hospitality, residential, education, corporates, and various government agencies and militaries. The market saw a surge in demand after the COVID-19 pandemic in 2020. North America region dominated the smart soap dispenser market. Vendors must focus on meeting end-user requirements, and product diversification is the key to customer acquisition in the market.

Market Size (2026): 33.48 million (Unit Shipment)

Market Size (2026): USD 1574.02 million (Revenue)

KEY HIGHLIGHTS

• Increased awareness of hand hygiene drives governments of different companies to install automatic soap dispensers in public toilets, airports, and other public gathering places. This is helping the countries to frame new laws regarding hand hygiene, helping to handle the outbreaks, pandemics in the countries.
• The e-commerce sector is thriving, especially after the pandemic outbreak. Products such as automatic soap dispensers are bought online because of the convenience and various product choices available.
• The global commercial automatic hand soap dispenser segment will witness an absolute growth of over 95% during the forecast period. Many countries will be in the unlock phase of the COVID-19 pandemic in the forecast period. Also, there is an increased awareness about hand hygiene amongst the public. Thus, public places such as shopping centers, malls, etc., will see a surge in demand and propel the electronic soap dispenser market.
• APAC-based vendors would go for a global launch of their products during the forecast period. Over the past few years, there has been a significant rise in the number of healthcare-associated infections in developing countries such as India.
• Reckitt Benckiser, in FY2019, acquired UpSpring, an innovative pre-and post-natal health company based in the US. The company possesses a portfolio of quality products and has the potential for product innovations.

AUTOMATIC SOAP DISPENSER SEGMENTS

The automatic soap dispenser market research report has the following segments-

• Sensor
• Mount
• Refill
• End-User
• Geography

AUTOMATIC SOAP DISPENSER MARKET SEGMENTATION

• In 2020, the passive infrared segment accounted for the highest share in the global automatic soap dispenser market. The increasing trend of IoT coupled with the growing number of connected devices is anticipated to propel the growth of the infrared sensor market. Also, infrared sensors are becoming affordable and light with very little power consumption because of product innovations.
• Wall-mounted automatic soap dispensers are preferred among healthcare settings, public toilets, airports, and more because they occupy less space and are usually fixed to the wall. On the contrary, countertop soap dispensers are widely preferred in the residential segments.
• The digital liquid soap dispenser is the most convenient when compared to the spray and the foam soap dispenser. The demand for liquid (soaps) filled automated soap dispensers are increased in countries such as China, Germany, Japan, and India due to the booming commercial real estate, hospitality, corporate, and education markets.
• The growing demand for a real estate property, shifts in population from urban to rural areas, and rising disposable income of people in emerging nations have boosted the demand for automatic soap dispensers in the residential sector. The residential segment will witness an absolute growth of over 100% during the forecast period.

INSIGHTS BY GEOGRAPHY

• North America: North America is one of the most developed regions with respect to economic stature, the standard of social living, and technological growth. By 2050, commercial building floor space is expected to reach 126.1 billion square feet, increasing 39% from 2017. This reflects huge development in the commercial sector driving demand for automatic soap dispensers in the region.
• APAC: In 2020, APAC accounted for a significant share in the global automated soap dispenser market. The increase in disposable income of these countries, along with government initiatives to improve health and sanitation facilities in public places, will drive the market demand in this region. The Indian soap dispenser market, driven by the increase in the number of cases of healthcare infections, will witness growth with a high CAGR by 2026.

VENDOR ANALYSIS

• The key leading vendors in the global automatic soap dispenser industry are Reckitt Benckiser, 3M, Euronics, GOJO Industries, and Kimberly Clark.
• The competition between vendors exists based on offerings, variety, and pricing. Vendors are using new business models and focusing on developing the portfolio of their establishments to drive growth.
• In 2021, Amazon launched Alexa-connected soap dispensers in the US. Similarly, Mi also came up with its automatic soap dispenser.
• Vendors should enter into strategic agreements with home improvement stores, drug stores, and retailers to enhance their product reach in the market.

The automatic soap dispenser market report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

Segmentation by Sensor

• Radar
• Photo
• Passive infrared

Segmentation by Mount

• Wall Mounted
• Countertop

Segmentation by Refill

• Liquid
• Foam
• Spray

Segmentation by End-User

• Residential
• Commercial
• Healthcare
• Hospitality
• Corporate Space
• Education
• Government & Defense
• Industrial
• Others

 Segmentation by Geography

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Nordic Countries
• APAC
  • China
  • Japan
  • Australia
  • South Korea
  • India
  • Philippines
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey