Electronic Soap Dispenser Market Analysis Report By Raw Material, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global electronic soap dispenser market was valued at USD 668.3 million in 2018 and it is expected to grow with a CAGR of 6.0% over the forecast period, 2019 to 2025. The increasing number of smart bathrooms and automatic taps are driving the market growth. Further, increasing awareness about overall hygiene in emerging countries such as India, China, Brazil, Thailand, and Indonesia is fueling the growth of the market.

Increasing awareness about the importance of hand hygiene is fueling the growth of this product. This soap dispenser releases liquid or foam with the help of sensors that detect the presence of physical objects. Owing to its germ-free, touchless, and safety features, this product is gaining traction in commercial sectors. This dispensing technology focuses on providing proper hygiene while using minimum soap. Thus, features such as improved efficiency and reduction in soap usage make it a popular choice among end-users.

Governments across the globe are emphasizing awareness about sanitation programs. These programs are being widely implemented in emerging countries. Poor hygiene attracts various health problems. For instance, Diarrhea caused owing to improper hygiene is among the most common health issues in developing countries. Governments in collaboration with non-profit organizations have introduced various initiatives to spread awareness about such diseases. For example, the World Bank, UNICEF, London School of Hygiene & Tropical Medicine, Government of the State of Kerala, and various other organizations introduced Sanitation Program or Global Water Security and Sanitation Partnership (GWSP). Owing to this said initiative, deaths caused by diarrhea were reduced to 1.3 million in 2015 from 1.8 million in 2005. These initiatives focus on spreading awareness about the use of soap and other products for hand wash.

The growth of the hospitality and real estate industry is expected to provide a lucrative opportunity for the electronic soap dispenser market. Further, the growth of the tourism industry in countries such as Spain, Thailand, France, and the United States is driving the demand for smart and luxurious bathrooms. Moreover, developing countries such as India and China are witnessing rapid infrastructural development, which in turn increases the demand for smart bathrooms and kitchens.  

Raw Material Insights

Plastic is widely used and it is a popular choice among manufacturers. In 2018, plastic dispensers held the largest market share with revenue of over 60%. Plastic as a raw material is cheaper than other alternatives such as aluminum, ceramic, steel, and glass. Thus, commercial outlets such as restaurants, hospitals, and malls prefer plastic-made dispensers instead of expensive alternatives.

However, steel and other raw materials are projected to gain significant traction in the coming years owing to the rising construction of smart bathrooms in residential and commercial sectors. Steel along with ceramic products are anticipated to grow with a significant growth rate owing to their increasing use in bathroom decoration.

Application Insights

The commercial segment occupied the largest market share, in 2018. The rise in tourism and hospitality sectors is proliferating the growth of this segment. In the United States, the number of restaurants has increased with a higher growth rate than their population. Restaurants and tourism are among the fastest-growing sectors.

The United States had over 620 thousand places for eating and drinking. A large number of them are shifting to smart bathrooms over conational ones. Leading restaurant brands are focusing on enriching consumers' experiences through technically advanced infrastructure. Owing to the aforementioned factors, the demand for automatic soap dispensers is projected to get a surge.

The residential sector, on the other hand, is projected to grow with the highest CAGR of 7.0% over the forecast period. Increasing awareness about the importance of sanitation hygiene and rising consumers’ purchasing power in emerging countries such as China, India, Indonesia, and Brazil are bolstering the product demand in the residential sector. Infrastructural development has witnessed a rapid rise in the recent past, especially in emerging countries.

Smart bathrooms and kitchens are becoming popular among the residential sector across the world, which in turn is strengthening the demand for automatic soap dispenser products. Further, the growing popularity of electronic dispensers is attributed to their cost-effectiveness over manual ones.

Regional Insights

North America held the largest market share, in 2018 with over 36.0%. The regions attract a huge number of tourists each year, and it is one of the leading tourism hubs in the world. As per the International Trade Administration and U.S Department of Commerce, over international tourists on travel and tourism spends USD 18.30 billion. Further, this industry is rapidly growing across the world including North America.

The Asia Pacific, on the other hand, is expected to grow with a CAGR of 9.2% over the forecast period. Rising infrastructural developments and smart city projects are driving this market growth in this region. Further, the region is witnessing the construction of hotels, shopping malls, restaurants, and other infrastructures, especially in India and China.

COVID-19 Impact Insights

The electronic soap dispensers market has been positively affected owing to the outbreak of COVID-19. Increasing concern regarding hand hygiene is a major factor in driving product demand. Moreover, the World Health Organization (WHO) is continuously promoting the importance of hand hygiene. Manufacturers across the world are witnessing increased demand for electronic soap dispensers. Commercial places are increasingly deploying advanced and automatic soap dispenser solutions to ensure proper hygiene. Considering the increasing demand, manufacturers have increased their spending on research and development to introduce technically advanced products.

Electronic Soap Dispenser Market Share Insights

Key players in the market are Umbra, Toto Ltd, Toshi Automatic Systems Pvt. Ltd, Shenzhen City Svavo Bathroom Products Co., Ltd, ZAF ENTERPRISES, Lovair, ORCHIDS INTERNATIONAL, and simplehuman among others. These companies are focusing on product innovation to stay competitive in the market.

Shenzhen SVAVO Intelligent Technology Co. Ltd introduced tabletop touchless foaming soap dispenser V-370 designed for bathrooms, laundry rooms, and kitchen in three different colors namely black, white, and nickel. Various other companies are also focusing on introducing innovative and technically advanced products to stay competitive in the market.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Million Insights has segmented the global electronic soap dispenser market report based on raw material, application, and region:

• Raw Material Outlook (Revenue, USD Million, 2015 - 2025)
    • Plastic
    • Steel
    • Others

• Application Channel Outlook (Revenue, USD Million, 2015 - 2025)
    • Commercial
    • Institutional
    • Residential

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa