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Prospects of Automatic Soap Dispenser
Date：2021-12-30 23:46 Views：
The automatic soap dispenser market was valued at USD 778.06 million in 2020 and is expected to reach USD 1574.02 million by 2026
The market is witnessing increased demand from healthcare, hospitality, residential, education, corporates, and various government agencies and militaries. The market saw a surge in demand after the COVID-19 pandemic in 2020. North America region dominated the smart soap dispenser market. Vendors must focus on meeting end-user requirements, and product diversification is the key to customer acquisition in the market.
The following factors are likely to contribute to the growth of the automatic soap dispenser market-
• Increased infectious disease outbreaks across the world
• Growing health consciousness among consumers
• Upsurge in the E-Commerce platform
• Increasing demand for smart bathroom solutions
• IoT revolutionizing the automated soap dispensers
• Expansion of real estate & hospitality industry
KEY HIGHLIGHTS
• Increased awareness of hand hygiene drives governments of different companies to install automatic soap dispensers in public toilets, airports, and other public gathering places. This is helping the countries to frame new laws regarding hand hygiene, helping to handle the outbreaks, pandemics in the countries.
• The e-commerce sector is thriving, especially after the pandemic outbreak. Products such as automatic soap dispensers are bought online because of the convenience and various product choices available.
• The global commercial automatic hand soap dispenser segment will witness an absolute growth of over 95% during the forecast period. Many countries will be in the unlock phase of the COVID-19 pandemic in the forecast period. Also, there is an increased awareness about hand hygiene amongst the public. Thus, public places such as shopping centers, malls, etc., will see a surge in demand and propel the electronic soap dispenser market.
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