UAE Liquid Soap Market to Grow with an Double Digit CAGR until 2026
Awareness regarding better
cleansing agent is driving the growth of UAE Liquid Soap Market, in the
forecast period.
According to TechSci report on, “UAE Liquid Soap Market By Product Type
(Handwash, Facewash, Body Wash, Surface Cleaner, Others) By Packaging Type
(Pouch, Bottle, Tube) By Nature (Organic, Synthetic) By Application (Household,
Commercial {Hospitals, Malls, Offices, Restaurants, Others}) By Distribution Channel
(Supermarket/ Hypermarket, Convenience Stores, Pharmaceutical Stores, Online
Stores, Others) By Region, Competition Forecast & Opportunities, 2026”, UAE
liquid soap market
has shown promising growth in historical years until 2019 and is expected to
continue its growth in upcoming forecast years 2021 to 2026. UAE liquid soap market
owes its growth to the factors like rising instances of concerns over hygiene
and safety against infectious diseases is driving the growth of the UAE liquid
soap market. Moreover, the brand endorsement and celebrity endorsements are
also supporting the surge in the demand of the product in the market. The
liquid soap is also in demand due to the advantage over the soap bars. The liquid
soaps are advertised along the tag lines of purest and most hygiene form of
soap and is thus preferred over soap bars. Rising disposable income among the
population is another factor driving the growth of the market. With evolving
standards of living, and modernized choices of the consumer, the market is
bound to experience growth in the forecast period, until 2026.
Furthermore, the
resent pandemic situation has affected the market growth in the recent years.
The concerns and awareness toward maintaining hygiene and keeping safety
against the viral infection drove the growth in recent years and is expected to
be a major driving factors in the years to come. Government schemes and
consistent reminders of washing hands, maintaining hygiene, and avoid touching
the surfaces further drove the market growth and ius expected to sustain the
same in the next five years.
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The
UAE liquid soap market is segmented by product type, packaging type,
nature, application, distribution channel, competitional landscape, and regional
distribution. Based on product type, the market is further bifurcated into
handwash, facewash, bodywash, surface cleaners, and others. Handwash
sub-segment is expected to register fastest growing CAGR in the upcoming five
years, on the account of rising cases of COVID-19. The pandemic situation made
regular washing hands a habit as well as the demand of the hour. Surface
cleaners are expected to register the largest revenue shares of the market on
the account of the rising concerns and awareness regarding germs and microbes
that are dangerous for health.
Based
on packaging type, the market is further segmented into pouch, bottles, and
tube. Bottles are anticipated to hold the largest revenue shares of the segment
and dominate the market in the forecast period. The market segment growth can
be attributed to rising concerns and consumers inclination toward aesthetic
containers for the liquid soaps. Pouches are expected to register fastest
growing CAGR on the account of sudden increase in the consumption of liquid
soaps to maintain the protection and hygiene against the coronavirus. The
advantage of keeping one bottles and replenishing with the refill pouches is
cost effective for the consumer and easier for the storage.
A
partial list of market player in the UAE liquid soap market includes, DUBI Chem
Marine International, Whiteline Detergent Factory LLC, Hotpack Packaging
Industries LLC, Lazer Clean Middle East L.L.C, Divine Beauties Industry FZE, Al
Basma Detergents & Cleaning Ind LLC, Trice Chemicals IND LLC, Procter &
Gamble Gulf FZE, Unilever Gulf FZE, Godrej Global Mid East FZE, among others. The
companies are involving themselves into research and development for more
advanced products. Liquid soaps are in demand in all sorts of cleaning,
washing, and bathing application, with the increasing demand for the product
the market is bound to show exponential jump in the CAGR growth in the next
five years. New players entering the market may form partnerships with other
players or the end users of the industry for a consistent inflow of the
product.
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“COVID-19 virus spread has created quite a gap in the country’s economy.
With more than 6% losses in its economy, the virus affected non-oil economy,
accommodation, and food industry, wholesale and retail trade, along with
construction sector. Manufacturing units may have started production in the
second quarter of 2020, but the distribution channels were heavily disrupted
and with the lockdown situation in action offline distribution channels were
not functioning and the market growth was affected. With necessity products
being available on the online distribution sources the market shows promise for
future growths. New market players may strategize with the advancements like
moisturizing products, pH balanced, etc.,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“UAE Liquid Soap Market By
Product Type (Handwash, Facewash, Body Wash, Surface Cleaner, Others) By
Packaging Type (Pouch, Bottle, Tube) By Nature (Organic, Synthetic) By
Application (Household, Commercial {Hospitals, Malls, Offices, Restaurants,
Others}) By Distribution Channel (Supermarket/ Hypermarket, Convenience Stores,
Pharmaceutical Stores, Online Stores, Others) By Region, Competition Forecast
& Opportunities, 2026” has
evaluated the future growth potential of UAE liquid soap 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 UAE liquid soap market.
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