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The new report by Expert Market Research titled, ‘Global Bath Soap Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global bath soap market, assessing the market based on its segments like product type, form, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
The bath soap market is being driven by growing population, increase in disposable income, changing lifestyle, rising focus on hygiene, and higher standards of living. There has been a rise in demand for soaps with varied fragrance and attractive designs. The industry is also being propelled by the rising penetration of e-commerce platform in purchase of soaps. Key players are providing wide variety of options to the customers because of the increasing focus on hygiene and environment issues. Prevalence of infectious diseases like COVID-19 and diarrhoea, among others, can be significantly used for maintaining hygiene, which is leading to the growth in bath soap market.
Industry Definition and Major Segments
Bath soap is a cleansing agent made from the salts of vegetable or animal fats used as face soap and toilet soap. Bath soap is typically made up of moisturisers and cleansing agents that work together to soften skin and clean it.
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On the basis of product type, market is segmented into:
The bath soap market, can be categorised, on the basis of form into:
The market can be broadly segmented on the basis of distribution channel into:
The regional markets for bath soap include:
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The growth of the industry is primarily driven by the rising demand for personal care and hygiene among the consumers. Key market players such as Procter and Gamble Company, Unilever PLC, and Colgate-Palmolive Company, are the three largest players in the market. Procter and Gamble is the leading player among the three, globally. Increasing investment in the bath soap by the key players is leading the market. There are new innovations in bath soap manufacturing like different fragrances and designs, among others, which are aiding the growth of the industry. The rising R&D activities in bath soap industry is expected to drive the market growth further.
The major players in the market are The Procter & Gamble Company, Unilever, and Colgate-Palmolive Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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