Electronic Soap Dispenser Market Size, Share & Trends Analysis Report By Raw Material (Plastic, Steel, Others), By Application (Commercial, Institutional, Residential), By Region, And Segment Forecasts, 2024 - 2030

Electronic Soap Dispenser Market Size, Share & Trends Analysis Report By Raw Material (Plastic, Steel, Others), By Application (Commercial, Institutional, Residential), By Region, And Segment Forecasts, 2024 - 2030

Electronic Soap Dispenser Market Growth & Trends

The global electronic soap dispenser market size is expected to reach USD 1,518.5 million by 2030, expanding at a CAGR of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising awareness about personal hygiene is projected to drive the product demand. In addition, growing adoption of smart kitchens and bathrooms is expected to further propel the demand for automatic dispensers in both residential and nonresidential sectors.

The product has been segmented by raw materials which includes plastic, steel, and other materials such as glass, ceramic, and aluminum. Plastic is the most common raw material due to its low cost. Plastic products are significantly popular in the commercial and institutional segment, as these sectors require the product in bulk. However, rapid growth of the smart bathroom and kitchen in the residential sector is expected to fuel the growth of the fancy products made of steel, which complements the steel faucets. Thus, the metal dispenser market is expected to expand with the expansion of the smart and fancy bathroom interiors.

Asia Pacific is expected witness the fastest CAGR in 2019 to 2025 due to steady growth of the construction industry. Residential construction, hotels, and educational institutes are major construction activities of this region. According to the Asia Construction Outlook, in 2015, the infrastructure sector accounted for 37% of the total construction spending, of which 34% of the infrastructure projects were residential in 2015. This significant rise in residential, hotel, and public infrastructure is anticipated to boost the demand for electronic soap dispenser in the foreseeable future.

In December 2017, Sloan Valve Company, a global plumbing company partnered with GOJO Industries, Inc., a hand hygiene and skin care products manufacturer, to launch a new range of sensor-activated soap dispenser called PURELL Hand Sanitizer. This product line is designed paired with the popular faucets well suited for commercial sector including offices, airports, and schools.

Electronic Soap Dispenser Market Report Highlights

• North America held or the largest electronic soap dispensers market share of more than 35.7% in 2023.
• Asia Pacific electronic soap dispenser market is anticipated to witness significant growth during the forecast period.
• Commercial applications segment accounted for the largest revenue share in 2023.
• Plastic held the largest market share of 68.1% in the raw material segment in 2023.

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