The global electronic soap dispenser market size is expected
to reach USD 1.01 billion by 2025, according to a new report by Grand View
Research, Inc. It is anticipated to register a CAGR of 6.0% during the forecast
period. Rising awareness about personal hygiene is projected to drive the
product demand. In addition, growing adoption of smart kitchens and bathrooms
is expected to further propel the demand for automatic dispensers in both
residential and nonresidential sectors.
The product has been segmented by raw
materials which includes plastic, steel, and other materials such as glass,
ceramic, and aluminum. Plastic is the most common raw material due to its low
cost. Plastic products are significantly popular in the commercial and
institutional segment, as these sectors require the product in bulk. However,
rapid growth of the smart bathroom and kitchen in the residential sector is
expected to fuel the growth of the fancy products made of steel, which
complements the steel faucets. Thus, the metal dispenser market is expected to
expand with the expansion of the smart and fancy bathroom interiors.
Asia Pacific is expected witness the fastest
CAGR in 2019 to 2025 due to steady growth of the construction industry.
Residential construction, hotels, and educational institutes are major
construction activities of this region. According to the Asia Construction
Outlook, in 2015, the infrastructure sector accounted for 37% of the total
construction spending, of which 34% of the infrastructure projects were
residential in 2015. This significant rise in residential, hotel, and public
infrastructure is anticipated to boost the demand for electronic soap dispenser
in the foreseeable future.
The key competitors in the electronic soap
dispensers market include, American Specialties, Inc.; Toto Ltd.; Umbra;
ORCHIDS INTERNATIONAL; simplehuman; Lovair; Toshi Automatic Systems Pvt. Ltd.;
Bobrick Washroom Equipment, Inc.; ZAF ENTERPRISES; and Shenzhen City Svavo
Bathroom Products Co., Ltd.
In December 2017, Sloan Valve Company, a
global plumbing company partnered with GOJO Industries, Inc., a hand hygiene
and skin care products manufacturer, to launch a new range of sensor-activated
soap dispenser called PURELL Hand Sanitizer. This product line is designed
paired with the popular faucets well suited for commercial sector including
offices, airports, and schools.
For full research report on Electronic
Soap Dispensers Market visit here: https://www.grandviewresearch.com/industry-analysis/electronic-soap-dispenser-market
Further key
findings from the report suggest:
- North America held or the largest electronic
soap dispensers market share of more than 35% in 2018
- Asia Pacific is expected expand at the fastest
CAGR of 9.2% from 2019 to 2025
- Commercial application segment held the
leading market share of 50.9% in 2018
- Plastic held the largest market share of 69.2%
in the raw material segment in 2018
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/electronic-soap-dispenser-market/request/rs1
Grand
View Research has segmented the global electronic soap dispensers market on the
basis of raw material, application, and region:
Electronic
Soap Dispensers Raw Material Outlook (Revenue, USD Million, 2015 - 2025)
- Plastic
- Steel
- Others
Electronic
Soap Dispensers Application Outlook (Revenue, USD Million, 2015 - 2025)
- Commercial
- Institutional
- Residential
Electronic
Soap Dispensers Region Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- Japan
- Central & South
America
- Brazil
- Middle East &
Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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