The bar soap market is anticipated to grow at a CAGR of 4.04% from 2023 to 2033, rising from USD 30.34 billion in 2023 to USD 45.08 billion by 2033.
Rising Awareness of Personal and Household Hygiene Driving Product Demand
Maintaining cleanliness is essential for reducing the occurrence and spread of diseases linked to unsanitary practices. Properly cleaning hands, utensils, and clothing helps to minimize the transmission of pathogens.
According to a World Health Organization article titled “Forgetting to Wash Your Hands May Cost Lives,” published in May 2017, approximately 400,000 infants and 30,000 mothers die each year due to diseases related to poor sanitation and inadequate handwashing practices.
Additionally, global events like “Global Handwashing Day” (October 15), “International Hand Hygiene Day” (May 5), and “World Toilet Day” (November 19) promote the importance of using these products. These initiatives emphasize the need for handwashing with surfactant products before cooking, before and after meals, and after using the restroom to prevent illness. Proper hand hygiene can significantly reduce the incidence of infectious diseases such as diarrhea, pneumonia, and SARS, among others.
Key Points from the Bar Soap Market
- The market is expected to surpass US$ 45.08 billion by 2033.
- The bar soap market is being driven by a growing health and wellness trend among consumers worldwide, an increase in millennial interest in organic bar soap, and evolving consumer behavior patterns for beauty and personal care.
- Bar soap market is expected to grow at a CAGR of 4.04% during the forecast period 2023 to 2033.
- Asia Pacific dominated the bar soap market.
Key Leaders Operating in the Market
- Unilever plc
- Premier English Manufacturing Ltd (Premco)
- Vanguard Soap LLC
- Beaumont Products, Inc.
- Betasoap Sp. z o.o.
- John Drury & Co Ltd
- Twin craft Skincare
- Commonwealth Soap & Toiletries (CST)
- Vermont Soap
- Bradford
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Bar Soap Market Key Segmentation
Bar Soap Market by Material Type:
- Natural
- Synthetic
Bar Soap Market by Application:
- Bathing
- Dish Washing
- Hand Washing
Bar Soap Market by Quality:
- Low
- Standard
- Premium
Bar Soap Market by Region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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