Insights on the Antibacterial Soap Global Market to 2030 – Increasing Demand for Eco-Friendly Packaging Solutions is Driving Growth – QNT Press Release


DUBLIN, Oct. 27, 2022 /PRNewswire/ — The “Antibacterial Soap Market By Form, By Application, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.

The global antibacterial soap market size was valued at $3,733.9 million in 2020, and is estimated to reach $6,924.9 million by 2030, registering a CAGR of 6.3% from 2021 to 2030.

Demand for antibacterial soap across healthcare and commercial sectors, including restaurants, bars, and cafes is growing significantly, owing to increase in concerns over infection from germs and other micro-organisms that may cause illnesses. Rise in consumer awareness regarding use of antibacterial soap and handwash to prevent germs and bacteria is expected to propel the growth of the antibacterial soap market during the forecast period.

Increase in demand for eco-friendly packaging solutions among consumers in the developed countries, including Europe and North America encourages the manufacturers to adopt sustainable packaging materials. Moreover, rise in investments to launch new products in various package sizes and fragrances attract consumers.

However, the associated health risks with excess use of antibacterial soap is anticipated to hinder the market growth. According to the US Food and Drug Administration (FDA), antibacterial soaps may be dangerous to the skin. The use of triclosan chemical in the antibacterial soap leads to various diseases, including cancer, obesity, infertility, and early puberty.

Antibacterial soap market is segmented on the basis of form, application, distribution channel, and region. Depending on form, it is segregated into bar, powder, and liquid. According to application, it is divided into hand wash and body wash. As per distribution channel, it is categorized into supermarket & hypermarket, pharmacy stores, online sales, and other channels. Region-wise, it is analyzed across North America (the US, Canadaand Mexico), Europe (the UK, Germany, France, Italy, Spain, Russiaand rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australiaand rest of Asia-Pacific), and LAMEA (Brazil, Argentina

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