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Liquid Hand Soap Market Size to Grow by USD 2.39 Billion from 2020-2024

Latest Development Trend and Feasibility Studies of Colgate-Palmolive Co., GlaxoSmithKline Plc, ITC Ltd., and More

NEW YORK, July 12, 2022 /PRNewswire/ -- The Liquid Hand Soap Market is segmented by Distribution channel (offline and online). With the expansion of different retailing formats across the world, the sales of liquid hand soap through offline distribution channels are expected to grow during the forecast period. Retailers, especially organized retailers, are expanding their stores in local and regional markets to fuel sales through offline channels. Market growth in this segment will be slower than the growth of the market in the online segment. Moreover, the Liquid Hand Soap Market value is set to grow by USD 2.39 billion from 2019 to 2024, as per the latest report by Technavio.

Technavio has announced its latest market research report titled Liquid Hand Soap Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024

Get more information on Macro & Micro Economic Factor Analysis, Statistical Tools, and Trend Projection. Browse Summary of the Research Report

  • Increasing cases of pandemic diseases is one of the major factors influencing the growth of the market.
  • The launch of innovative products, one of the significant liquid hand soap market trends, will also influence market growth. 

This Post-pandemic Business Planning Research Will Aid Clients to:

  • Addressing Potential Impacts by Facilitating changes in Process Designs
  • Focusing on agile execution of proposed and approved changes.
  •  Conceptualize scenario-based planning to mitigate future crisis situations.

Visualize Liquid Hand Soap Market using Technavio Intelligence. Request Sample Copy (Including Graphs & Tables) of this Report

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets
  • Pricing, Supply, Demand, Trade, and Distribution Scenario along with Key Customers

For More Insights that will Help Companies Evaluate and Develop Growth Strategies. Download Sample Report

Vendor Analysis of Liquid Hand Soap Market 

The report analyzes the market's competitive landscape. It offers information on several market vendors, including Colgate-Palmolive Co., GlaxoSmithKline Plc, Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Medline Industries Inc., New Avon Co., Premier English Manufacturing Ltd., Reckitt Benckiser Group Plc, and Unilever Group. The liquid hand soap market is fragmented. The key players in the market are focusing on product launches to expand their geographical reach and increase their market share. 

  • Colgate-Palmolive Co. - The company offers liquid hand soap products under the brand, Softsoap.
  • GlaxoSmithKline Plc - The company offers liquid hand soap under the brand, GSK.
  • ITC Ltd. - The company offers liquid hand soap under the brand, Savlon.

For Detailed Information on the Competencies and Capacities of these Companies. View Sample Report

Liquid Hand Soap Market 2020-2024: Regional Analysis & Forecasts

  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

APAC was the largest liquid hand soap market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The outbreak of diseases such as flu and COVID-19 will significantly drive liquid hand soap market growth in this region over the forecast period. 41% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for liquid hand soap market in APAC. Market growth in this region will be faster than the growth of the market in North America and Europe.

Download Sample Report Using Business Email ID to Gain Further Insights on the Market Share of Various Regions on Higher Priority

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Liquid Hand Soap Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Decelerate at a CAGR of 7%

Market growth 2020-2024

$ 2.39 billion

Market structure

Fragmented

YoY growth (%)

13.06

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

US, China, India, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Colgate-Palmolive Co., GlaxoSmithKline Plc, Godrej Consumer Products Ltd., GOJO Industries Inc., ITC Ltd., Medline Industries Inc., New Avon Co., Premier English Manufacturing Ltd., Reckitt Benckiser Group Plc, and Unilever Group.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Colgate-Palmolive Co.
  • GlaxoSmithKline Plc
  • Godrej Consumer Products Ltd.
  • GOJO Industries Inc.
  • ITC Ltd.
  • Medline Industries Inc.
  • New Avon Co.
  • Premier English Manufacturing Ltd.
  • Reckitt Benckiser Group Plc
  • Unilever Group

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

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