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iCrowdNewswire Sep 23, 2020 7:20 AM ET

Soap Dispenser Market To Accrue Hefty Returns Over 2020 to 2026 - Zion Market Research


iCrowd Newswire - Sep 23, 2020

Zion Market Research has published a new report titled “Soap Dispenser Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2026.” According to the report, the Global Soap Dispenser Market accounted for USD 1224.62 million in 2019 and is expected to reach USD 1760.26 million by 2026, growing at a CAGR of around 5.32% between 2020 and 2026.

Browse the full “Soap Dispenser Market by Product (Automatic, Manual) Market by Application (Residential, Corporate Offices, Commercial, Educational Institutions, and Other Applications): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026.” Report at https://www.zionmarketresearch.com/report/soap-dispenser-market

The global soap dispenser market is expected to witness significant growth over the forecast period on account of the rising concerns regarding clean hygiene amongst the consumers across the globe accompanied with the rising purchasing power of middle-class income groups. A soap dispenser typically is a device that dispenses the soap when triggered. In case of an automatic soap dispenser, the soap is dispensed automatically by employing electronic sensors to the device. Modern soap dispensers are usually battery-powered, while or manually-operated soap dispensers are also widely available across the world. They are offered in various shapes, sizes, colors, mechanisms, materials, and shapes. A soap dispenser can easily be found in public washrooms.

The global soap dispenser market is anticipated to witness a significant growth rate over the forecast period due to the rising awareness towards hand hygiene so as to prevent the spread of several communicable contaminations like COVID-19. Implementation of several initiatives and programs by various governments and big health organizations like WHO about the importance of sanitizing the hands is expected to propel the demand for soap dispensers around the globe over the forecast timeframe. Moreover, the increasing availability of customized soap dispensers is expected to generate a positive impact on the soap dispenser market over the years.

The global soap dispenser market has been segmented based on product, application, and region. Based on product, the soap dispenser market is divided into automatic and manual types. An automatic soap dispenser is specially a hands-free kind of a dispenser (dispensing both liquid soap and foaming soap). It can be used for dispensing hand sanitizers, shampoos, or hand lotions. Automatic dispensers are usually battery-powered. Based on application, the soap dispenser market has been segmented into residential, corporate offices, commercial, educational institutions, and other applications. Amongst other categories, the residential application segment dominated the market in 2019 and is expected to witness the fastest growth over the forecast period. The high value of this segment is attributed mainly to the ever-increasing urbanization.

The key players operating in the global soap dispenser market are Toto Ltd., Kohler Co., Simplehuman, Bradley Corporation, GOJO Industries Inc., ASI American Specialties, Inc., Bobrick Washroom Equipment Inc., Duravit AG, Georgia-Pacific LLC, and Sloan Valve Company, among others.

Get Free Sample of this Research Report – https://www.zionmarketresearch.com/sample/soap-dispenser-market

This report segments the global soap dispenser market as follows:

Global Soap Dispenser Market: Product Segment Analysis

Global Soap Dispenser Market: Application Segment Analysis

Global Soap Dispenser Market: Regional Segment Analysis

Browse Blog – https://www.syndicatemarketresearch.com/blog/

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Keywords:    Soap Dispenser Market

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