What is Global Hand Soap in B2B Market?
The Global Hand Soap in B2B Market is a fascinating sector to explore. It refers to the business-to-business transactions involving hand soap products on a global scale. These transactions are not limited to just buying and selling, but also include all the other activities involved in the distribution of hand soaps from manufacturers to businesses. The market is vast, encompassing a variety of hand soap types and their respective applications in different industries. It's a dynamic market, constantly evolving with the changing needs of businesses and their customers. The hand soap products in this market are designed to meet the specific requirements of businesses, ensuring hygiene and cleanliness in their premises. The B2B aspect of this market makes it unique, as the transactions are not influenced by individual consumer preferences, but by the needs and demands of businesses.
Liquid and Gel, Foam, Other in the Global Hand Soap in B2B Market:
The Global Hand Soap in B2B Market is segmented based on the type of hand soap products, namely Liquid and Gel, Foam, and Others. Liquid and Gel hand soaps are the most popular, accounting for about 88.11% of the total sales in 2019. These products are preferred for their easy application and effective cleaning properties. Foam hand soaps, on the other hand, are gaining popularity for their rich lather and luxurious feel. The 'Others' category includes a variety of hand soap types that cater to specific needs of businesses. Each of these types has its own set of advantages and is chosen based on the specific requirements of the businesses.
Hospitals, Hotels, Food Processing, Offices, Others in the Global Hand Soap in B2B Market:
The Global Hand Soap in B2B Market finds its applications in a variety of sectors including Hospitals, Hotels, Food Processing, Offices, and Others. Hospitals are the largest consumers, accounting for about 40.16% of the global total in 2019. Hand hygiene is of utmost importance in hospitals to prevent the spread of infections, making hand soaps an essential item. Hotels and food processing units also make significant use of hand soaps to ensure cleanliness and hygiene. Offices and other businesses use hand soaps in their restrooms for the comfort and hygiene of their employees and visitors. The 'Others' category includes various other sectors where hand soaps are used.
Global Hand Soap in B2B Market Outlook:
The Global Hand Soap in B2B Market has shown promising growth in recent years. In 2023, the market was valued at US$ 1127 million and it is expected to reach US$ 1539.3 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2024 to 2030. The majority of this growth can be attributed to the Liquid and Gel hand soap type, which is the most widely used. The hospital sector has been the largest consumer of hand soaps, contributing significantly to the market growth. However, other sectors like hotels, food processing units, and offices are also contributing to the growth of this market.
| Report Metric | Details |
| Report Name | Hand Soap in B2B Market |
| Accounted market size in 2023 | US$ 1127 million |
| Forecasted market size in 2030 | US$ 1539.3 million |
| CAGR | 4.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Reckitt Benckiser, Procter & Gamble, Unilever, GOJO Industries, 3M, Medline Industries, Henkel, Lion Corporation, Saraya, Kimberly-Clark, Kutol, Vi-Jon, Ecolab, Walch, Bluemoon, Longrich, Shanghai Jahwa, Likang, Lvsan Chemistry |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
