Global Electronic Soap Dispenser market size 2024, Forecast To 2033
4 Mar, 2024
The electronic soap dispenser market size has grown strongly in recent years. It will grow from $1.43 billion in 2023 to$1.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to hygiene awareness, rise in health concerns, market competition and innovation, increased usage in commercial spaces. The electronic soap dispenser market size is expected to see strong growth in the next few years. It will grow to $2.13 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to integration with health monitoring systems, data-driven maintenance and analytics, growth in sustainable solutions, innovations in refill mechanisms, hygiene focus in public spaces. Major trends in the forecast period include touchless technology adoption, IoT integration and connectivity, focus on hygiene and health, sustainability and eco-friendly designs, customization and personalization.
Global Electronic Soap Dispenser Market Key Driver
The rising concerns about hygiene are expected to propel the growth of the electronic soap dispenser market going forward. Hygiene is any practice or activity that is used to maintain health and prevent the spread of diseases. With the growing need for safe hygiene, bathroom sanitation, and the prevention of the transmission of germs and bacteria, electronic soap dispensers are commonly used in many public and shared spaces, such as restrooms in airports, restaurants, residences, and other institutional and commercial places, to maintain standard hygiene by ensuring there is no cross-contamination between repeated uses and avoid the spread of germs and diseases. For instance, in September 2022, according to Citron Hygiene’s reports, a Canada-based provider of washroom hygiene services, on average, people wash their hands at least 8 times a day with 19 seconds per hand wash after a pandemic to maintain proper hygiene, before it was 5 times hand washes per day with 13 seconds duration for each wash. Therefore, the rising concerns about hygiene are driving the growth of the electronic soap dispenser market. The electronic soap dispenser market was valued at $2.5 billion in 2023 and is projected to reach $4.1 billion by 2028.
Get A Free Sample Of The Global Electronic Soap Dispenser Market ReportGlobal Electronic Soap Dispenser Market Segments
The global electronic soap dispenser market covered in this report is segmented –
1) By Raw Material: Plastic, Steel, Other Raw Materials
2) By Distribution Channel: Retail Stores, Hypermarket Or Supermarket, Specialty Stores, Convenience Stores, Official Websites, Third Party Websites, Online Store
3) By Application: Commercial, Institutional, Residential
By Geography: The regions covered in the electronic soap dispenser market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the electronic soap dispenser market share in 2023. The regions covered in the electronic soap dispenser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Electronic Soap Dispenser Industry Players
Toto Ltd., American Specialties Inc., Umbra, Simplehuman, Orchids International, Toshi Automatic Systems Pvt. Ltd., Bobrick Washroom Equipment Inc., Shenzhen City Svavo Bathroom Products Co. Ltd., ZAF Enterprises, Euronics Industries Pvt Ltd., Sloan Valve Company, Technocrats Security Systems Private Limited, Dolphy India Private Limited, DELABIE, The Splash Lab Ltd., Palmer Fixture, Rubbermaid Commercial Products, PerPik Company, Gojo Industries Inc., BAFX Products Company, Nivahome Company, TDL Hygiene, VWR International, VOLA, Kimberly-Clark Corporation, Bradley Corporation, EnMotion Systems, Tennant Company, Diversey Inc., ECOS LLC
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Electronic Soap Dispenser Market Overview
An electronic soap dispenser refers to a machine that dispenses a controlled amount of liquid soap solution or other liquid solution, such as hand sanitizer, and it uses sensors to release liquid or foam when they detect the presence of tangible items.
Electronic Soap Dispenser Global Market Report 2023 provides data on the global electronic soap dispenser market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The electronic soap dispenser market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.