Bar Soap Market to Grow with a CAGR of 5.1% Globally through 2028
Growing demand
for natural and organic bar soaps and rising popularity of premium bar soaps
are factors driving the global bar soap market in the forecast period 2024-2028.
According to
TechSci Research report, “Global Bar Soap Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the global Bar
Soap market stood at USD34.12 billion in 2022 and is anticipated to grow with a
CAGR of 5.1% in the forecast period, 2024-2028. The global bar soap market
represents a fundamental segment of the personal care industry, serving as a
timeless essential in daily hygiene routines for people across the globe. Bar
soap's enduring popularity is rooted in its convenience, effectiveness in
cleansing, and versatility for various skincare needs. This market is
characterized by its remarkable diversity, offering a wide range of products to
cater to different consumer preferences and demands.
Consumers
worldwide have become increasingly conscious of their skincare choices, giving
rise to trends like natural and organic bar soaps. These formulations
prioritize clean and eco-friendly ingredients, resonating with those seeking
safer and more sustainable skincare options. Sustainable packaging solutions
have also gained prominence, reflecting a growing environmental awareness and
the desire to reduce waste.
Moreover, the
market is witnessing innovation in specialty and functional bar soaps,
addressing specific skin concerns and preferences. From moisturizing and
exfoliating bars to antibacterial and artisanal varieties, these products
provide tailored solutions.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on "Bar Soap Market.”
The enduring
significance of bar soap lies in its simple yet effective functionality. At its
core, bar soap serves a fundamental purpose: to cleanse. Its solid form,
combined with water, creates a lathering action that effectively removes dirt,
oils, and impurities from the skin. This basic function has remained unchanged
for centuries, and it is this reliability that has earned bar soap a permanent
place in bathrooms and households worldwide.
One of the
critical roles bar soap plays is in maintaining personal hygiene. Whether in
the context of handwashing or bathing, bar soap is widely recognized for its
ability to combat germs and bacteria. The importance of handwashing with soap
was emphasized during the COVID-19 pandemic, reaffirming the vital role of bar
soap in preventing the spread of infections.
Beyond its
hygiene benefits, bar soap offers versatility and a sensory experience that
goes beyond mere cleansing. The fragrance of a well-crafted bar soap can evoke
nostalgia, relaxation, and comfort, making each use a sensory delight.
Moreover, bar soap is often seen as an embodiment of simplicity and tradition,
embodying a sense of timelessness that connects generations.
Consumers are
increasingly seeking bar soaps that offer more than basic cleansing. Specialty
and functional bar soaps are designed to address specific skincare concerns and
preferences. These include moisturizing bars enriched with shea butter or
glycerin, exfoliating bars with natural scrub particles, and anti-aging bars
containing ingredients like collagen and antioxidants. These specialty soaps
cater to individuals with unique skincare needs, reflecting a trend towards
personalized self-care routines.
The global bar soap
market is segmented into type, application, sales channel, regional
distribution, and company.
Based on type
the market is divided into organic and synthetic.
Based on
application the market is divided into dish washing, bathing, hand washing, and
others.
Based on sales
channel the market is divided into online,
supermarkets/hypermarkets, drugstores/pharmacies, departmental stores, and
others (direct sales, etc.).
The
online sales segment is emerging as the fastest-growing segment in the global
bar soap market. The convenience and accessibility of e-commerce platforms have
significantly contributed to this growth. Consumers now prefer the ease of
browsing and purchasing bar soaps online, allowing them to explore a vast array
of products from around the world. Additionally, online reviews and
recommendations influence purchasing decisions, making it a pivotal channel for
product discovery. The rapid expansion of online marketplaces has provided
opportunities for both established brands and niche soap makers to reach a
global audience, making online sales a dynamic and influential segment in the
global bar soap industry.
Based
on region the market is segmented into five regions Asia Pacific, North
America, Europe, Middle East & Africa, and South America.
Major companies
operating in Global Bar Soap Market are:
- Unilever
- Lush Retail Ltd.
- Chagrin Valley
Soap & Salve Co.
- Ethique, Inc.
- The Body Shop
- Johnson &
Johnson
- Kirk’s Natural
LLC
- Dr. Bronner's
- Galderma S.A.
- Tom's of Maine.
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The global bar
soap market is a dynamic and diverse industry driven by factors like heightened
hygiene awareness, environmental consciousness, product innovation, and the
influence of e-commerce. Consumers seek natural and organic formulations,
sparking a clean beauty trend. Sustainable packaging solutions are on the rise
to address environmental concerns. Specialty and functional bar soaps offer
targeted skincare benefits, while artisanal and handcrafted varieties cater to
those seeking unique experiences. The market also faces challenges such as
competition from liquid soaps, ingredient transparency demands, and e-commerce
complexities. Nevertheless, the global bar soap market continues to evolve to
meet consumer demands for cleaner, more sustainable, and personalized self-care
solutions.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Bar Soap Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Type (Organic,
Synthetic), By Application (Dish Washing, Bathing, Hand Washing, and Others),
By Sales Channel (Online, Supermarkets/Hypermarkets, Drugstores/Pharmacies,
Departmental Stores, and Others (Direct Sales, etc.)), By Region, Competition”,
has evaluated the future growth potential of global Bar 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 the global Bar Soap market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: www.techsciresearch.com