The World Market for Electronic Soap Dispensers - Industry Size, Market Shares, Growth Trends, Regional Opportunities and Revenue Forecasts to 2029 [Yahoo! Finance]
TOTO LTD UNSP/ADR (TOTDY)
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jp.toto.com/en/company/ir
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Source: Yahoo! Finance
Size, Share, Trends, Opportunity, and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Global Electronic Soap Dispenser Market was valued at USD 1.14 Billion in 2023, and is expected to reach USD 1.61 Billion by 2029, rising at a CAGR of 5.90%. The market's expansion can be attributed to the increasing awareness of hygiene, especially in the wake of the COVID-19 pandemic, which has prompted a surge in demand for touchless solutions in public spaces, healthcare facilities, and homes. One of the key trends shaping the electronic soap dispenser market is the integration of advanced technologies such as infrared sensors and smart connectivity. This enables touchless operation, where users simply place their hands beneath the dispenser to receive a measured dose of soap. Additionally, some models can be monitored and controlled remotely, making them suitable for use in large facilities where maintenance and refill management can be challenging.
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