Soap Dispenser Market Expected to Witness a Robust Growth Through FY2026
Outbreak of COVID-19 and increasing
risk of transmission are acting as key growth drivers for India soap dispenser market.
According
to TechSci Research report, “India
Soap Dispenser Market By Type (Wall-Mounted, Counter-Mounted), By Product
Type (Manual, Automatic), By Capacity (<250 ml, 250ml to 500 ml, 500ml to
1000 ml), By Soap Type (Foam Soap, Liquid Soap), By End User (Residential,
Commercial (Hospitals, Airports, Schools, Hotels & Restaurants, Others),
Others), By Distribution Channel (Online, Offline (Hypermarkets/ Supermarkets,
Independent Retailers, Pharmacies and Drugstores, Convenience Stores, Cash and
Carry Stores, Department Stores), By Region, Forecast & Opportunities, FY2026”, the market
is anticipated to undergo a rapid growth during the forecast period. Key
factors propelling the growth of India soap dispenser market are increasing
sanitation programs by government to create awareness about hand sanitization
coupled with increasing prevalence of infectious dieses such as COVID-19.
Moreover, the increasing focus towards containing the further spread of
coronavirus is also leading to high demand for soap dispensers in India. Also,
soap dispensers are increasingly being installed by various end users including
hospitals, schools, hotels and airports which is boosting the market growth.
The World Health Organization is also taking initiatives to promote the habit
of handwash which is likely to fuel the growth of soap dispenser market in
India.
Furthermore, increasing availability of various types
of soap dispensers at an affordable rate in Indian market is also acting as a
major factor for the growing demand. Also, soap dispensers are being preferred
over soap bars as they comparatively reduce the risk of contracting several
illnesses. Additionally, increasing awareness about cleanliness and hygiene
among consumers is expected to augment the market growth through FY2026.
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India
soap dispenser market can be segmented based on type, product type, capacity,
soap type, end user, distribution channel and region. Based on product type,
the market is categorized into manual and automatic soap dispensers. Among
them, the automatic segment is expected to undergo significant growth during
the forecast period as they ensure minimum interaction with pathogens.
Based
on end user, the India soap dispenser market can be categorized into
residential and commercial. The commercial segment is further categorized into
hospitals, airports, schools, hotels & restaurants and others. Among them,
the residential segment is expected to contribute to high revenue during the
forecast period owing to rising awareness towards hand hygiene among
individuals. Also, the growing cases of COVID-19 re making consumers to adopt hand-washing
activity frequently to prevent the transmission of this deadly dieses.
Major players operating in the India soap
dispenser market are Hypuz India, Askon Hygiene Products Pvt. Ltd., Orchids
India, Mrinalini Industries, Dolphy India Pvt. Ltd., ZAF ENTERPRISES,
Technocrats Security Systems Private Limited, Kitsch, Indo Technologies and N.
S. C. Electronics. Leading companies are taking up growth strategies such as
new product launches, partnerships and collaborations.
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“WHO
has identified hand hygiene as the best solution for prevention from deadly
dieses like coronavirus. Government of India is also working towards containing
the spread of this virus and hence, soap dispensers are increasingly being
installed at public and commercial places in the country. All these factors are
creating wide growth opportunities for soap dispenser manufactures,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based India
management consulting firm.
“India Soap Dispenser Market By Type (Wall-Mounted,
Counter-Mounted), By Product Type (Manual, Automatic), By Capacity (<250 ml,
250ml to 500 ml, 500ml to 1000 ml), By Soap Type (Foam Soap, Liquid Soap), By End
User (Residential, Commercial (Hospitals, Airports, Schools, Hotels &
Restaurants, Others), Others), By Distribution Channel (Online, Offline
(Hypermarkets/ Supermarkets, Independent Retailers, Pharmacies and Drugstores,
Convenience Stores, Cash and Carry Stores, Department Stores), By Region, Forecast
& Opportunities, FY2026” has
evaluated the future growth potential of soap dispenser market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India soap dispenser market.
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