Global Bath Soap Market to grow at a CAGR of 4.7% between 2024-2032

The global bath soap market is driven by the rising consciousness among the consumers, especially millennials, who form a large segment of the market. The manufacturers are coming up with a diverse range of fragrant and moisturizing soaps to cater to the consumers’ demand. Asia Pacific is the largest market, accounting for nearly half of the global bath soap market.

Colgate-Palmolive Company (NYSE: CL), and The Procter & Gamble Company (NYSE: PG) are among the leading players in the global bath soaps market. In 2017, Procter & Gamble Company, introduced its latest innovation in bath soaps, named DUO. It is made using a unique formula, the unification of the experience of bar soap, body wash and puff, using a unique formula, to provide a multi-sensory world-class experience to its users.

Another major company leading the global bath soaps is Colgate-Palmolive Company. The manufacturers are coming up with varied products to cater to consumer’s demand. Colgate-Palmolive (India) Limited has recently launched a new range of Palmolive facial bars, in the face and body cleansing segment in January 2020 in Kochi. It is made from the combination of Fruit Oil and contains natural extracts, helping the skin glow naturally.

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Market Breakup by Type, Form, Price Category, End User, Distribution Channel, and Region:

• By type, the bath soaps are segregated into organic ad conventional.
• Based on form, the market is divided into solid and liquid.
• On the basis of price category, the market is categorised into premium and mass.
• By end user, the market is segmented into men, women, and baby.
• Based on distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, pharmacies, specialty stores, and online, among others.
• The regional markets can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Findings of the Report:

• The rising disposable income of the consumers, resulting in changing lifestyle and a higher standard of living, are the driving factors of the bath soap industry.
• The development of specialty and higher quality soaps are aiding the growth of the industry.
• The rising hygiene consciousness among the consumers, especially millennials, who constitute a large consumer base, is providing further impetus for the industry growth.
• The manufacturers are diversifying their products to include fragrant and moisturizing soaps to meet consumer demand.

Key Offerings of the Report:

• The EMR report gives an overview of the global bath soap market for the periods (2018-2023) and (2024-2032).
• The report offers historical (2018-2023) and forecasted (2024-2032) market information for the categories, types, distribution channels, and regional markets of bath soaps.
• It analyses the global trade data, looking into the value and volume of major importing and exporting countries.
• It gives a detailed look at the regional price trends in the global market for the periods (2018-2023) and (2024-2032).

The Procter & Gamble Company, Unilever Plc, Colgate-Palmolive Company, Forest Essentials, Osmia Organics, Beiersdorf AG, Henkel AG & Co. KGaA, L’occitane International SA, L’Oreal S.A., Johnson & Johnson Services, Inc., and Davines S.p.A., among others are the major players in the global bath soap market as identified by EMR. The comprehensive report investigates their market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions.

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