According to the latest report by IMARC Group, titled “Japan Bath Soap Market Trends: Industry Share, Size, Growth, Opportunity and Forecast 2023-2028″The Japan bath soap market share reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.4% during 2023-2028.
Bath soaps are skincare products made from a combination of alkalis, including potassium hydroxide (KOH) and sodium hydroxide (NaOH),via the saponification process. They also include glycerin, propylene glycol, animal, or vegetable fats, allantoin, and triethanolamine. They help maintain the overall personal hygiene of individuals by eliminating dirt and debris, unclogging pores, killing microorganisms, and conditioning and moisturizing skin.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Japan Bath Soap Market Trends:
A significant rise in the pollution level, along with the rising prevalence of infectious diseases caused by bacteria, fungi, parasites, and other microbes, is escalating the demand for personal hygiene products like bath soaps across Japan. Apart from this, the increasing establishment of hotels, resorts, and guesthouses and the thriving travel and tourism sector in the country are positively influencing the sales of toiletries. Furthermore, leading market players are adopting micro-biome and biotechnology to formulate premium bath soaps with enhanced dermatological benefits and moisturizing properties, which is projected to propel market growth.
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Japan Bath Soap Market 2023-2028 Analysis and Segmentation:
The report has segmented the market on the basis on product type, form and distribution channel.
Breakup by Product Type:
- Premium Products
- Mass Products
Breakup by Form:
- Solid Bath Soaps
- Liquid Bath Soaps
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies
- Specialty Stores
- Online
- Others
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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