The global electronic soap dispensers market is anticipated to reach USD 1.01 billion, by 2025, according to a new report released by Million Insights. The market is expected to grow with a CAGR of 6.0% over the forecast period. Increasing awareness about personal hygiene and governments’ focus on sanitation hygiene programs are driving market growth. Further, the increasing demand for smart kitchens and bathrooms in both residential and commercial outlets is fueling the demand for such soap dispenser products.
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Market Synopsis of Electronic Soap Dispenser Market:
Based on raw materials, the
market is segmented into plastic and steel along with several other raw
materials such as glass, aluminum and ceramic. Plastic is the most widely used
raw material owing to the cost-benefit associated with it. Plastic products are
popular in both residential and commercial segments, as these sectors require
bulk orders. However, increasing demand for aesthetically appealing bathrooms
and kitchens is expected to proliferate the demand for other raw materials such
as glass, steel and ceramic.
Asia Pacific is expected to grow
with the highest CAGR over the forecast period. This growth is primarily driven
by increasing infrastructural development in countries such as China and India.
The region is witnessing a surge in the construction of educational institutes,
hotels, restaurants and other infrastructures. Further, the rise in the
purchasing power of the middle class population in this region is expected to
provide a lucrative opportunity for manufacturers.
Leading players in the electronic
soap dispenser market are ORCHIDS INTERNATIONAL, Shenzhen City Svavo Bathroom
Products Co., Ltd., Bobrick Washroom Equipment, Inc., Umbra, American
Specialties, Inc., and Bobrick Washroom Equipment, Inc. among others. These
companies are focusing on mergers & acquisitions, partnerships, and product
innovations to strengthen their market presence. Sloan Valve partnered with
GOJO Industries, Inc. to introduce its new range of products called PURELL Hand
Sanitizer.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-electronic-soap-dispenser-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Electronic Soap
Dispenser: Market Variables, Trends & Scope
Chapter 4 Electronic Soap
Dispenser: Product Estimates & Trend Analysis
Chapter 5 Electronic Soap
Dispenser: Application Estimates & Trend Analysis
Chapter 6 Electronic Soap
Dispenser: End-use Estimates & Trend Analysis
Chapter 7 Electronic Soap
Dispenser: Industrial End-use Estimates & Trend Analysis
Chapter 8 Electronic Soap
Dispenser: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Electronic Soap
Dispenser: Manufacturers Company Profiles
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