Market revenue in 2022 | USD 30,152.5 million |
Market revenue in 2030 | USD 43,115.5 million |
Growth rate | 4.6% (CAGR from 2022 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Organic |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Organic, Synthetic |
Synthetic was the largest segment with a revenue share of 91.94% in 2022. Horizon Databook has segmented the Global bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
Soap plays a vital role in personal hygiene, serving as an essential tool to maintain cleanliness and overall health. According to Consumer Reports in April 2022, an organization for product and service testing center, when considering bath products, consumers often have distinct preferences.
The chart below depicts the majority of people prefers bar soap over body wash and shower gel, highlighting the growth of the global bar soap market. Customers are becoming more aware of the importance of maintaining proper hygiene, especially in developing countries. For daily cleaning routines, bar soap is an essential and efficient product that promotes personal hygiene practically and affordably.
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