Ongoing consumer preference for eco-friendly and sustainable personal care products is expected to drive market expansion in the near future at a CAGR of 4.50% during the forecast period 2023 to 2032.
Market Research Future (MRFR) has published a cooked research report on the “Global Bar Soap Market” that contains information from 2018 to 2032. The Bar Soap market is estimated to register a CAGR of 73.50% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Bar Soap market— Unilever plc, Premier English Manufacturing Ltd (Premco), Vanguard Soap LLC, Beaumont Products, Inc., Betasoap Sp. z o.o, John Drury & Co Ltd, Twincraft Skincare, Commonwealth Soap & Toiletries, Vermont Soap, Bradford.
Bar Soap Market Highlights
The global Bar Soap market is accounted to register a CAGR of 4.50% during the forecast period and is estimated to reach USD 42.9 billion by 2032.
The awareness of environmental issues and the importance of sustainability is growing hence, consumers are increasingly choosing bar soaps, which are often packaged with minimal waste and are considered more environmentally friendly compared to liquid soaps in single-use plastic containers. This trend is reinforced by the demand for natural and skin-friendly ingredients in bar soaps, appealing to health-conscious and environmentally-conscious consumers. Bar soaps also align with the minimalist and zero-waste movements, offering a simple and recyclable packaging solution and reducing the environmental impact associated with personal care products. As a result, the bar soap market benefits from the shift toward sustainable and eco-friendly consumer choices.
Segment Analysis
The global Bar Soap market has been segmented based on type, application and quality.
On the basis of type, the market is segmented into Natural and Synthetic. The synthetic segment was attributed to holding the largest market share in 2022, due to their cost-effectiveness, versatility, and extended shelf life.
Based on application, the global Bar Soap market has been segmented into Bathing, Dish Washing, Hand Washing and Others. The bathing segment was expected to hold the largest market share in 2022, as it serves as a fundamental personal hygiene product for millions of people worldwide.
Based on quality, the global Bar Soap market has been segmented into Low, Standard and Premium. The standard segment was expected to hold the largest market share in 2022, as the consumers expect their bar soaps to meet certain quality standards, including cleaning effectiveness, mildness, and skin-friendliness.
Regional Analysis
The global Bar Soap market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Bar Soap market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Bar Soap market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Bar Soap market comprises of Middle East, Africa, and Latin America.
The largest market share for Bar Soap was maintained by the North American regional sector. This increase is attributed to consumer preference for natural and skin-friendly ingredients, which has led to the demand for gentle and eco-conscious personal care products. This preference is reinforced by a growing awareness of the harmful effects of harsh chemicals and synthetic additives in personal care items, with consumers seeking bar soaps that offer a cleaner, more transparent ingredient list, appealing to those who prioritize skin health and environmentally responsible choices.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Bar Soap is driven by the region's affinity for eco-friendly and sustainable personal care products, with consumers placing a high value on natural ingredients, minimal packaging waste, and recyclability in their choices, reflecting a growing commitment to environmental consciousness and clean living.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period as the market is driven by the region's significant population and cultural preferences for traditional soap forms. In many Asian countries, there is a long-established tradition of using bar soap for personal hygiene, and this cultural preference continues to support the demand for bar soaps. Additionally, the growing awareness of the benefits of natural and skin-friendly ingredients is influencing consumers to choose bar soaps, further propelling the market's growth.
Furthermore, the rest of the world's Bar Soap market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's cultural preference for traditional and natural skincare products, often made with locally sourced ingredients, as well as the demand for affordable and accessible personal care options in the region.
Key Findings of the Study
- The global Bar Soap market is expected to reach USD 42.9 billion by 2032, at a CAGR of 4.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the region's significant population and cultural preferences for traditional soap forms and the growing awareness of the benefits of natural and skin-friendly ingredients.
- Based on application, the bathing segment was attributed to holding the largest market in 2022, with an approximate market share of 45–60%.
- Unilever plc, Premier English Manufacturing Ltd (Premco), Vanguard Soap LLC, Beaumont Products, Inc., Betasoap Sp. z o.o, John Drury & Co Ltd, Twincraft Skincare, Commonwealth Soap & Toiletries, Vermont Soap, Bradford.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 128 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.