Soap in Bars Market

Soap in bars market: download the latest data secured by an Ai-driven BI tool. Statistics provide companies, production, consumption, imports, exports, market size, trade, and market prices. There is a split by country, including the U.S., EU, the Middle East, the U.K., Latin America, China, Russia, and Africa. Market trends and outlook to 2030 are also featured in the snapshots.

Get FREE access to the latest data and statistics on the Soap in Bars Market.

Soap in Bars - World's Largest Markets

In value terms, China, the United States and India were the countries with the highest levels of market value in 2020, with a combined 34% share of the global market. Russia, Japan, Brazil, France, Pakistan, the UK, Mexico, Indonesia, Bangladesh and Spain lagged somewhat behind, together comprising a further 29%.

The UK recorded the highest growth rate of market size, among the main consuming countries over the period under review, while soap in bars market for the other global leaders experienced more modest paces of growth.

Soap In Bars Prices

Soap in Bars - Top Importers

In value terms, the United States ($862M) constitutes the largest market for imported soap and organic surface-active products in bars worldwide, comprising 14% of global imports. The second position in the ranking was occupied by Germany ($322M), with a 5.2% share of global imports. It was followed by Canada, with a 4.7% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to +41.0%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+8.3% per year) and Canada (+5.9% per year).

Soap in Bars - Top Exporters

In value terms, Germany ($593M), China ($528M) and the United States ($413M) appeared to be the countries with the highest levels of exports in 2020, together accounting for 27% of global exports. These countries were followed by Turkey, Poland, Indonesia, the UK, Malaysia, the Netherlands, Israel, Honduras, Cameroon and Kenya, which together accounted for a further 35%.

Among the main exporting countries, the Netherlands saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Soap in Bars - Market Forecast

Driven by increasing demand for soap in bars worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Soap in Bars - Product Coverage

• HS 340111 - Soap and organic surface-active products; in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, for toilet use (including medicated products)
• HS 340119 - Soap and organic surface-active products; in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use