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.
To request a sample copy or view summary of this report, click the link below:
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
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)
Electronic Soap Dispensers Application Outlook (Revenue, USD Million, 2015 - 2025)
Electronic Soap Dispensers Region Outlook (Revenue, USD Million, 2015 - 2025)
Central & South America
Middle East & Africa
Avail customized purchase options to meet your research needs:
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."