Global Wall Mounted Soap Dispenser Market Size (2024 - 2030)

In 2023, the Global Wall Mounted Soap Dispenser Market was valued at USD 1.56 billion and is projected to reach a market size of USD 2.93 billion by 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 9.4%. 

INDUSTRY OVERVIEW

A soap dispenser is a device designed to disperse liquid soap in the exact amount the user needs. The use of soap dispensers offers a variety of benefits, including preventing contamination of the solution and reducing the possibility of bacteria and germs spreading from one user to another. The increased concern among patients and medical personnel for maintaining clean hands has had a favorable impact on the product's usage. The wall-mounted category was reported to have the biggest market share, and it is anticipated that it would hold that position during the evaluation period. The commercial category is predicted to increase at a faster rate thanks to this segment's wide market application and competitive pricing for wall-mounted products.

Demand is also probably to rise due to the strict regulations for maintaining a clean and germ-free atmosphere in many research and development institutes. This fear is further exacerbated by parents' and teachers' rising worry that youngsters playing in the soil may bring germs into their homes and classrooms. The need for automated faucets and smart bathroom accessories is fueling the growth. It is projected that shortly, rising worries about cleanliness in emerging countries including South Africa, Brazil, India, China, Indonesia, and Thailand would contribute to enhancing the product's utility. Due to growing awareness of hand hygiene, the market for wall-mounted soap dispensers is anticipated to grow. The product delivers liquid and foam soap automatically using a sensor that detects the presence of an outside object. The device is getting more and more well-liked in the industrial and institutional sectors because of its touchless, germ-free, and skin-safe attributes. This product design, which employs dispensing technology, seeks to give the maximum quantity of liquid soap and cleanliness. As a result, it boosts dispenser effectiveness and cuts down on unnecessary soap use. The last several years have seen a rise in cleanliness measures by various governments, which has assisted in product growth. Insufficient hygiene practices may result in serious gastrointestinal diseases. Diarrhea is one of the most frequent gastrointestinal conditions, particularly in developing countries. Governments and medical organisations have created a variety of strategies to tackle this illness.

Despite a bright perspective, bulk or refillable dispensers are replenished by dumping fresh soap into an exposed reservoir from huge containers. A bacterial biofilm can form on the interior of the dispenser as a result of bacteria and other germs contaminating the soap in the open reservoir. This situation results in the dispenser's newly added soap becoming contaminated. Vandals who intentionally introduce pollutants into open reservoir systems often target refillable soap dispensers. Over the projected period, these issues are anticipated to limit the growth market to some level.

COVID-19 IMPACT ON THE WALL-MOUNTED SOAP DISPENSER MARKET

The need for excellent hand hygiene is also continually emphasized by the World Health Organization (WHO). Manufacturers throughout the world claim that the demand for wall-mounted soap dispensers is increasing. Commercial settings are increasingly employing cutting-edge, automated soap dispenser systems to ensure maximum cleanliness. Given the increased demand, producers have increased their spending on R&D to produce products with superior technology. Governments have created several laws and standards to raise people's awareness of the importance of checking their hands and bodies for cleanliness. Currently, the health and sanitation sector has been crucial in aiding individuals and raising public awareness of health issues. As a result, the leading companies and soap dispenser makers now have greater prospects for expansion. The ongoing efforts of the market participants during the analysis period are anticipated to lead to potential expansion and development in the worldwide market.

MARKET DRIVERS: 

Reduce soap waste and environmentally friendly variants are driving the market growth

Wall-mounted soap dispensers, for example, are refillable and user-friendly dispensers. They reduce the amount of waste the little plastic pump hand soap bottles produce and their impact on landfills. Customers save money by receiving consistent, precise amounts, which prevents them from having to purchase a lot of throwaway soap containers. Research indicates that this hand soap dispenser might cut costs and soap use by up to 30%. Kids are captivated by all things technical, even automated soap dispensers.

Increasing people's understanding of personal and household hygiene is propelling the market demand

The onset and spread of diseases brought on by unclean behaviors must be prevented by maintaining cleanliness. People can stop the transmission of germs by thoroughly cleaning their hands, eating and drinking implements, and clothes after contacting contagious microorganisms. The World Health Organization stated in an article titled "Forgetting to Wash Your Hands Can Cost Lives" that every year, infections caused by poor hand washing & sanitation habits claim the lives of over 400,000 newborns and 30,000 mothers. Additionally, the usage of these objects is encouraged through events and occasions like "World Toilet Day," "World Hand Hygiene Day," and "Global Hand Washing Day," among others.

MARKET RESTRAINTS:

The high cost of Soap dispensers impedes market development

Compared to other traditional soap dispensers, the price of an electronic soap dispenser is significantly greater. Additionally, a lot of consumers lack the funds and purchasing power to purchase such pricey goods. Additionally, some people do not purchase products of this type because they view electronic soap dispensers as being unimportant. Before installing a touchless hand soap dispenser in the bathroom, be aware of the disadvantages as well. These dispensers are far more easily abused because consumers don't have to touch the soap to get it out.

WALL MOUNTED SOAP DISPENSER MARKET REPORT COVERAGE:

This research report on the Wall Mounted Soap Dispenser Market has been segmented and sub-segmented based on Product, By Application and By Region.

WALL MOUNTED SOAP DISPENSER MARKET – BY PRODUCT

• Automatic
• Manual

Based on the product, the wall-mounted soap dispenser market is segmented into, Automatic and Manual. The manual soap dispenser, which held the majority of the market in terms of value in 2021 with a share of 57.9%, is anticipated to see rapid expansion over the forecast period. This is explained by a high adoption rate in home settings as well as bars, restaurants, and other business settings. The middle-class groups favor manual soap dispensers over automatic ones since they are more affordable. A lot of people are being drawn to manual soap dispensers for basic hygiene practices because of new and creative features such as operational variants like push-ups, foot-operated, and surgical types. Over the projection period, these factors are anticipated to fuel the segment's expansion. The quickest CAGR of 6.0% is anticipated for automatic soap dispensers between 2022 and 2030. The touchless functioning of this market sector, which minimizes cross-contamination and so provides optimal cleanliness, is credited with its rise. This device uses dispensing technology to release a precise amount of liquid soap. As a result, it increases the dispenser's effectiveness while decreasing unnecessary soap use. Increased hygiene awareness has also caused customers' preferences to migrate from bar soaps to wall-mounted automated soap dispensers, which has led to a rise in product installation throughout educational institutions, corporate offices, and other commercial areas. In light of this development, market players are placing more and more emphasis on product releases to expand their customer base and spur revenue growth. Over the projected period, these factors are anticipated to significantly increase demand for automated soap dispensers.

 WALL MOUNTED SOAP DISPENSER MARKET - BY APPLICATION

• Residential
• Corporate Offices
• Commercial
• Educational Institutions
• Healthcare
• Public Places
• Transportation

Based on the product, the wall-mounted soap dispenser market is segmented into Residential, Corporate Offices, Commercial, Educational Institutions, Healthcare, Public Places and Transportation. Residential application led the market in terms of value in 2021 with a share of 36.8% and is anticipated to expand at the quickest rate from 2023 - 2030. The significant penetration of this market segment is related to the rise of the residential market as a result of increased urbanisation brought on by population growth and migration.

In the upcoming years, the demand for soap dispensers is anticipated to increase as homeownership rates rise across a variety of geographic areas and as public awareness of health and hygiene increases. For instance, the U.S. had an increase of over 10% in privately owned housing units in 2021, according to data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Over the course of the projection period, these elements are anticipated to produce favorable market outlooks.

By 2030, the commercial segment is anticipated to overtake the residential segment in market share. This market's progress is being fueled by the rapidly expanding commercial sector, notably the hospitality industry, which is pushing up demand for bathroom fixtures and fittings.

WALL MOUNTED SOAP DISPENSER MARKET - BY REGION

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

By region, the Wall Mounted Soap Dispenser Market is grouped into North America, Europe, Asia Pacific, Latin America, The Middle East and Africa. Due to the great prevalence of hand hygiene etiquette in the area, the North American Soap Dispenser Market held the leading position in 2021. Additionally, the presence of certain significant key companies with expertise in soap dispensers in nations like the US is boosting the growth of the regional market. The need for soap dispensers is anticipated to increase as the number of commercial buildings in the area rises as a result of the tourist industry's expansion. To improve the customer experience, the commercial sector, which includes hotels, restaurants, and malls, has been investing in renovation projects. The requirement for good sanitation and hygiene facilities is anticipated to grow as the number of hotels and other business enterprises rises, which will fuel demand for soap dispensers across North America. With a CAGR of 6.2% from 2023 - 2030, Asia Pacific is predicted to have the quickest rate of growth among all regions. There are various rising economies in this region, including China and India, which have growing commercial and residential areas. Additionally, rising living standards and increased consumer awareness of personal hygiene and health are boosting the demand for goods like liquid soap, which will likely increase the demand for soap dispensers in the years to come.

WALL MOUNTED SOAP DISPENSER MARKET - BY COMPANIES

Some of the major players operating in the Wall Mounted Soap Dispenser Market include:

1. TOTO LTD.
2. KOHLER CO.
3. SIMPLEHUMAN
4. BRADLEY CORPORATION
5. GOJO INDUSTRIES, INC.
6. ASI AMERICAN SPECIALTIES, INC.
7. BOBRICK WASHROOM EQUIPMENT, INC.
8. DURAVIT AG
9. GEORGIA-PACIFIC LLC
10. SLOAN VALVE COMPANY

NOTABLE HAPPENING IN THE WALL-MOUNTED SOAP DISPENSER MARKET

• PRODUCT LAUNCH- The well-known company Vikram Sarabhai Space Centre invented a sensor-based handwash dispenser in July 2020. This microcontroller-based invention is designed to reduce transmission due to manual operation and reduce water wastage.
• PRODUCT LAUNCH- Xiaomi announced the release of its automated soap dispenser with a vintage yellow rubber duck design in August 2019. It is battery-powered, using in-built near-field infrared sensors and micro-foam pump mechanisms, and can dispense a predetermined amount of soap in addition to being able to detect hand movement.
• PRODUCT LAUNCH- Svavo announced the release of their wall-mounted hands-free foaming soap dispenser v-370 in January 2019. Additionally, it makes use of a clever motion infrared sensor to deliver a touch-free, spill-free, and hygienic experience.