Press Release

U.S. Counter-Mounted Automatic Soap Dispenser Market to Hit $327.84 Million by 2029

Date:

According to the latest focus insight report by Arizton, the U.S. counter-mounted automatic soap dispenser market 2024 – 2029 sheds light on the dynamic and rapidly evolving industry. The comprehensive report unveils valuable market trends, growth opportunities, and the competitive landscape of the business. With in-depth analysis and meticulous research, this report serves as a strategic guide for industry players, investors, and decision-makers, offering a comprehensive understanding of the current U.S. counter-mounted automatic soap dispenser market dynamics and prospects.

To know more, https://www.focusreports.store/report/us-counter-mounted-automatic-soap-dispenser-market-focused-insights

The U.S. counter-mounted automatic soap dispenser market was valued at USD 159.03 million in 2023 and is projected to reach USD 327.84 million by 2029, growing at a CAGR of 12.81% during the forecast period. The market is growing significantly due to advancements in sensor technology, the surge in demand for smart bathroom solutions, and the growing focus on offering automatic soap dispensers for specific user groups. The growing commercial real estate & hospitality industry, infectious disease outbreaks, and rising renovation of housing units are also driving the market.

Passive Infrared Sensor Captures 68% Market Share, Boosting the U.S. Counter-Mounted Soap Dispenser Market

The advancement in sensor technology has enabled automated devices that help to interpret images, sound and data without any powerful processing. It is rising due to increased hygiene awareness, integration with smart technology, energy efficiency, and improved sensor performance. This technology is classified into passive infrared, radar, and photo sensor technology. The passive infrared sensor (PIR sensor) segment is leading the market share with over 68% in the U.S. counter-mounted automatic soap dispenser market. The segment is growing as they are relatively affordable, have a wide detection range, and have low power consumption. It has a range of 4-8 inches, which ensures convenient soap dispensing. The passive infrared sensor (PIR sensor) is ideal for budget-conscious consumers in the U.S. market and ideal for commercial spaces. The COVID-19 pandemic has increased the focus on hand hygiene, and rising construction activities like hospitality, education, and healthcare fuel the demand for soap dispensers in restrooms, which drives the demand for touchless solutions like automatic soap dispensers. The passive infrared sensor segment demand is rising from sustainability-conscious consumers. With the rising bathroom improvement activities in residential spaces, demand for counter-mounted automatic soap dispensers is growing in the U.S. market.

Growing Commercial Real Estate & Hospitality Industry Driving the Market Growth

The commercial real estate & hospitality industry is growing significantly in the U.S. market due to various reasons, including rising office construction, growing healthcare facilities, growing tourism, design trends, and emphasis on guest experience. In 2023, commercial real estate business has increased by 2.2% in the U.S. ​Rising smart city projects in the U.S. drive the demand for advanced bathroom accessories. Travel and tourism activities are rising in the U.S., which is increasing the number of hotel rooms and amenities. The hotels are focusing on improving guest experiences in this market by offering luxurious facilities. The luxury hotels are looking for smart dispensers that can have the capability of data storage and give bulk-fill options. In 2022, the number of hotels increased by 8% within a year in the U.S. Mid-range & budget hotels are looking for cost-effective and reliable solutions that offer features like easy refill & maintenance, brand compatibility, and durability. They are focusing on the adoption of simple design & easy operations. It leads to drive the demand for counter-mounted automatic soap dispensers in the U.S. market, during the forecast period.

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