According to the research report titled ‘Global Liquid Hand Soap Market Size By Packaging , By Application, By Distribution Channel By Nature, Industry Outlook Report, Regional Analysis, Application Development, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global liquid hand soap market is anticipated to register significant growth during 2020-2026.
 

Factors such as rising awareness regarding personal hygiene, growing health concerns, and escalating demand for cleaning and hygiene products amidst the ongoing COVID-19 pandemic are augmenting the growth of the global liquid hand soap market.
 

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With regards to application reach, global liquid hand soap market share from the malls segment is projected to exhibit a robust CAGR of 8% over 2020-2026. Escalating consumer demand for quick acting solutions is bolstering the expansion of the segment.
 

Based on distribution channel, the convenience stores segment of global liquid hand soap industry is expected to witness substantial expansion through 2026, owing to rising investments by major players in order to boost the impulse buying phenomenon across convenience stores.
 

On the other hand, the pharmaceutical stores segment is also estimated to emerge as a lucrative growth opportunity for the overall market during the analysis timeframe. Evolution of the bulk buying trend, surging demand for economical products, and rising penetration of pharmaceutical stores are fostering the growth of the segment.
 

As per the regional analysis, liquid hand soap market size in Latin America is predicted to record a 10% CAGR through 2026, primarily due to rising penetration of the product in commercial and residential applications.
 

Alternatively, Middle East & Africa liquid hand soap industry is expected to account for a valuation of USD 400 million by the end of 2026, on account of rising demand for high-quality and natural cleaning products.
 

Leading players that define the global liquid hand soap industry trends are Godrej Consumer Products Limited, Pental Products Pty Ltd., Reckitt Benckiser Group plc, Procter & Gamble Company (P&G), Lion Corporation, Kao Corporation, Avon Products Inc., Colgate-Palmolive Company, Henkel AG & Co. KGaA, Medline Industries Inc., Johnson & Johnson, 3M Company, J. R. Watkins Company, GOJO Industries Inc., Method Products, Les Robinets Presto SA, Christina May Ltd., Cleenol Group Ltd., GlaxoSmithKline plc (GSK), Kimberly-Clark Corporation, and Unilever plc.