Report Description


Forecast Period

2018-2028

Market Size (2022)

USD37.2 Billion

CAGR (2023-2028)

6.75%

Fastest Growing Segment

Liquid Soap

Largest Market

North America


Market Overview

The Global Soaps Market has valued at USD37.2 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.75% through 2028. Soaps play a crucial role in upholding hygiene and cleanliness standards. Handwashing with water and soap provides effective protection against various infectious diseases, surpassing the efficacy of alcohol-based sanitizers. This protection offered by soaps is anticipated to be a major catalyst for the global soap market. Diverse types of soaps are available in the market, catering to diverse requirements and preferences. Soap is a cleansing agent utilized to eliminate dirt, oil, and other impurities from the skin and various surfaces. The production of soap involves combining fats or oils with an alkali, like sodium hydroxide, resulting in a chemical reaction known as saponification. Soap finds application in personal care, dishwashing, and laundry, with specific formulations tailored for specific purposes. The soap industry continues to evolve and innovate, driven by increasing consumer demands for diverse fragrances, cost-effectiveness, organic options, and more.

Soap holds paramount importance in every household, serving a multitude of purposes including personal hygiene, dishwashing, laundry, and others. Different types of soaps are formulated to cater to specific needs, with varying chemical compositions based on consumer requirements. The soap industry operates in a dynamic environment, necessitating continuous adjustments in the production cycle to meet evolving consumer preferences.

Key Market Drivers

Increasing Consumer Awareness

There is a growing consumer awareness regarding health and hygiene, which has led to an increased demand for soaps. With the emphasis on handwashing and personal hygiene, consumers are becoming more conscious about the products they use, driving the demand for quality soaps.

Preference for Organic and Natural Products

Consumers are increasingly inclined towards organic and natural products in their daily lives, including personal care products like soaps. The demand for organic soaps has surged due to concerns about the harmful effects of chemicals on skin health and the environment. This preference for natural ingredients and sustainable production practices has boosted the organic soap segment.

Hygiene Practices and Disease Prevention

The outbreak of the COVID-19 pandemic has highlighted the importance of maintaining good hygiene practices, including regular handwashing. The increased focus on hygiene and disease prevention has significantly driven the demand for soaps worldwide.

Growing Beauty and Skincare Consciousness

The beauty and skincare industry has experienced substantial growth, with consumers seeking products that not only cleanse but also provide additional benefits. Soaps infused with moisturizing ingredients, essential oils, and other skin-nourishing components have gained popularity, catering to the increasing demand for multi-functional skincare products.

Rising Disposable Income and Changing Lifestyles

As disposable incomes increase, consumers are willing to invest in premium personal care products, including high-quality soaps. Changing lifestyles, urbanization, and an increasing emphasis on self-care have contributed to the rising demand for premium and specialty soaps.

Product Innovation and Differentiation

Soap manufacturers are constantly innovating to meet evolving consumer demands and preferences. New formulations, fragrances, packaging designs, and value-added features are introduced to capture consumer attention and drive sales. Product differentiation and innovation have played a crucial role in the growth of the global soaps market.

Growing Population and Urbanization

The global population is steadily increasing, with a significant proportion residing in urban areas. This demographic shift has fueled the demand for soaps as more individuals require personal care products for daily hygiene routines.

E-commerce and Online Retailing

The rise of e-commerce platforms and online retailing has provided easy access to a wide range of soap products. Consumers can explore different options, read reviews, and make convenient online purchases, contributing to the growth of the market.

 

Download Free Sample Report


Key Market Challenges

Rising Competition from Alternative Products

One of the primary challenges for the soap industry is the rising competition from alternative products. With the growing popularity of liquid soaps, body washes, and shower gels, traditional bar soaps have faced stiff competition. Consumers are increasingly opting for liquid and gel-based cleansing products due to their convenience and perceived hygiene benefits. This shift in consumer preferences poses a challenge to the market, leading to a decline in the demand for bar soaps.

Availability of Sustainable and Eco-Friendly Alternatives

Another challenge faced by the global soaps market is the availability of sustainable and eco-friendly alternatives. In recent years, there has been a growing awareness about environmental sustainability and the need to reduce plastic waste. This has prompted consumers to seek out soap products that are made from natural and biodegradable ingredients, free from harmful chemicals, and packaged in environmentally friendly materials. Soap manufacturers are under pressure to adapt to these changing consumer demands and develop sustainable product offerings.

Increasing Cost of Raw Materials

The increasing cost of raw materials also poses a challenge to the soap industry. Key ingredients used in soap production, such as oils, fats, fragrances, and preservatives, have witnessed price volatility in recent years. Fluctuations in the prices of these raw materials directly impact the production costs for soap manufacturers. In order to maintain profitability, companies need to find innovative ways to manage their supply chains, optimize production processes, and explore alternative sourcing options.

Regulatory Compliance

Regulatory compliance is another challenge faced by the global soaps market. Governments around the world have implemented regulations and standards governing the production, labeling, and marketing of soap products. Soap manufacturers need to ensure that their products meet these regulatory requirements and obtain the necessary certifications. Compliance with these regulations adds complexity and cost to the production process, posing a challenge for small and medium-sized soap manufacturers.

Product Differentiation

Product differentiation is a constant challenge in the soap industry. With a wide range of brands and products available in the market, soap manufacturers need to find ways to stand out and differentiate their offerings. This includes developing unique formulations, appealing packaging designs, and effective marketing strategies. The ability to create a strong brand image and build customer loyalty becomes crucial in a highly competitive market.

Key Market Trends

Growing Demand for Organic and Herbal Soaps

There has been a notable shift towards organic and herbal soaps as consumers prioritize natural and sustainable products. These soaps are formulated using plant-based ingredients, devoid of harmful chemicals, and are considered gentler on the skin. The market has seen an upsurge in the production of organic and herbal bars due to their perceived health benefits and environmental consciousness.

Specialized Soaps for Different Skin Needs

Another emerging trend in the soap market is the development of specialized soaps catering to various skin needs. Manufacturers are introducing soaps targeting specific concerns such as sensitive skin, dryness, acne-prone skin, and anti-aging. These specialized formulations aim to address specific skin issues, providing consumers with tailored solutions.

Sustainable Packaging

The rising awareness regarding environmental sustainability has prompted the soap industry to focus on eco-friendly packaging solutions. Companies are adopting sustainable packaging materials, such as recyclable paper wraps, cardboard boxes, or biodegradable alternatives, to reduce plastic waste and minimize their carbon footprint. Sustainable packaging not only appeals to eco-conscious consumers but also aligns with corporate social responsibility initiatives.

Technological Advancements

The soap manufacturing process has seen technological advancements to improve product quality and efficiency. Innovations in soap-making techniques, such as cold-pressed and melt-and-pour methods, allow manufacturers to create unique soap formulations while preserving active ingredients. Additionally, automation and digitization have streamlined production processes, leading to enhanced productivity and cost-effective operations.

Rising Demand for Liquid Soaps

Liquid soaps have gained popularity, particularly in the hand hygiene segment. The convenience and hygiene factors associated with liquid soap dispensers have contributed to their increasing demand. Liquid hand soaps offer ease of use, controlled dosage, and often incorporate moisturizing properties. The liquid soap market is expected to witness substantial growth in the forecast period.

Segmental Insights

Product Type Insights

Liquid soap is indeed one of the fastest-growing segments in the global soaps market. With changing consumer preferences and increasing awareness about hygiene, liquid soap has gained significant popularity in recent years. The growth of liquid soap can be attributed to several factors. Firstly, liquid soap offers convenience and ease of use compared to traditional bar soap. It eliminates the need for messy soap dishes and provides a more hygienic way of washing hands or the body. Secondly, liquid soap manufacturers have introduced a wide range of innovative products with various formulations and fragrances, targeting specific consumer needs. For instance, there are liquid soaps designed for sensitive skin, moisturizing properties, antibacterial benefits, and eco-friendly options. This variety of choices appeals to different consumer preferences and requirements.

Liquid soap has witnessed a surge in demand due to the COVID-19 pandemic. The emphasis on hand hygiene and frequent handwashing has led to an increased preference for liquid soap over bar soap. Consumers perceive liquid soap as more effective in removing germs and ensuring proper hygiene.

Additionally, the popularity of liquid soap has been further boosted by the growth of e-commerce and online platforms. Consumers can easily access a wide range of liquid soap products and make convenient purchases online.

Sales Channel Insights

Online shopping provides consumers with unparalleled convenience and accessibility. With just a few clicks, consumers can browse through a wide range of soap products, compare prices, read reviews, and make purchases from the comfort of their homes. This convenience factor has significantly contributed to the growth of the online distribution channel. The widespread availability of affordable internet services and the proliferation of smartphones have led to increased internet penetration globally. As more consumers gain access to the internet, online shopping has become a preferred mode of purchase, including for personal care products like soaps. Online platforms offer an extensive variety of soap brands, formulations, fragrances, and packaging options that may not be readily available in physical stores. Consumers can explore niche and specialty soap products from around the world, making online platforms a one-stop destination for diverse soap choices.

Online retailers often offer competitive pricing for soaps due to lower operating costs compared to brick-and-mortar stores. Additionally, frequent discounts, promotions, and exclusive online deals further attract consumers to purchase soaps through the online distribution channel. Online platforms provide detailed product information, ingredient lists, and customer reviews for soaps. Consumers can make informed decisions based on the experiences and recommendations of other users. This transparency and access to information influence purchasing decisions, boosting the online sales of soaps.


Download Free Sample Report


Regional Insights

North America indeed holds a significant share of the global soaps market. The region dominates in terms of market share due to several factors that contribute to its strong position in the industry. One of the key reasons for North America's prominent share in the soap market is the high consumer awareness and demand for personal care and hygiene products. People in North America are generally more conscious of their personal hygiene and place great importance on cleanliness. This cultural emphasis on cleanliness leads to a higher demand for soaps and related products.

Additionally, North America has stringent regulations and standards in place for personal care products, including soaps. Regulatory bodies such as the U.S. Food and Drug Administration (FDA) ensure that soaps meet specific quality and safety standards before they are made available to consumers. This regulatory environment instills trust among consumers, boosting the demand for soaps in the region.

Recent Developments

·     In 2023, Bath & Body Works' has launched the "Now All Reformulated Hand Soap Collection". This launch aims to meet consumer demand for hand soaps that provide effective cleansing and nourishment for the skin. The collection offers innovative formulations and fragrances to enhance the handwashing experience.

·     In 2023, Dettol has launched the “5C Cool Soap” in the market. Dettol, a prominent hygiene brand in Nigeria, has reintroduced one of its soap   Products, Dettol Cool, featuring an enhanced formulation. The improved Dettol Cool soap offers triple benefits, including protection against 99.9% of disease-causing germs, a refreshing cooling sensation of up to 5 degrees, and effective body odor protection.

·       In 2022, Wipro Consumer Care & Lighting has recently announced the relaunch of its flagship Santoor soap brand. This relaunch introduces a "Young Soch" approach, aiming to establish a renewed and contemporary connection with young consumers. As part of the upgrade, the product now features new packaging and an enhanced fragrance.


Key Market Players

               Unilever PLC

               The Procter & Gamble Company

               Colgate-Palmolive Company

               Johnson & Johnson Services, Inc.

               Reckitt Benckiser Group PLC

               Kao Corporation

               Beiersdorf AG

               L'Oréal SA

               The Clorox Company

               Godrej Consumer Products Limited 


By Product Type

By Composition

By Price Range

By Sales Channel

By Region

       Liquid Soap

       Bar Soap     

       Organic

       Conventional    

       Low

       Medium

       High

       Supermarkets/Hypermarkets

       Drugstores/Pharmacies

       Departmental Stores

       Convenience Stores

       Online

       Others

  

       North America

       Europe

       South America

       Middle East &

Africa

       Asia Pacific


Report Scope:

In this report, the global soaps market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Soaps Market, By Product Type:

o   Liquid Soap

o   Bar Soap    

  • Global Soaps Market, By Composition:

o   Organic

o   Conventional

  • Global Soaps Market, By Price Range:

o   Low

o   Medium

o   High      

  • Global Soaps Market, By Sales Channel:

o   Supermarkets/Hypermarkets

o   Drugstores/Pharmacies

o   Departmental Stores

o   Convenience Stores

o   Online

o   Others

  • Global Soaps Market, By Region:

o   North America

o   Europe

o   South America

o   Middle East & Africa

o   Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global soaps market.

Available Customizations:

Global Soaps Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Soaps Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]


Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Soaps Market

4.    Executive Summary

5.    Global Soaps Market Overview

6.    Global Soaps Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis (Liquid Soap, Bar Soap)

6.2.2.    By Composition Market Share Analysis (Organic, Conventional)

6.2.3.    By Price Range Market Share Analysis (Low, Medium, High)

6.2.4.    By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Drugstores/Pharmacies, Departmental Stores, Convenience Stores, Online, Others (Direct Sales, etc.))

6.2.5.    By Region Market Share Analysis (North America, Europe, South America, Middle East & Africa, Asia Pacific)

6.2.6.    By Company

6.3.  Market Map

7.    North America Soaps Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Composition Market Share Analysis

7.2.3.    By Price Range Market Share Analysis

7.2.4.    By Sales Channel Market Share Analysis

7.2.5.    By Country

7.2.5.1.        United States Soaps Market Outlook

7.2.5.1.1.           Market Size & Forecast

7.2.5.1.1.1.               By Value

7.2.5.1.2.           Market Share & Forecast

7.2.5.1.2.1.               By Product Type Market Share Analysis

7.2.5.1.2.2.               By Composition Market Share Analysis

7.2.5.1.2.3.               By Price Range Market Share Analysis

7.2.5.1.2.4.               By Sales Channel Market Share Analysis

7.2.5.2.        Canada Soaps Market Outlook

7.2.5.2.1.           Market Size & Forecast

7.2.5.2.1.1.               By Value

7.2.5.2.2.            Market Share & Forecast

7.2.5.2.2.1.               By Product Type Market Share Analysis

7.2.5.2.2.2.               By Composition Market Share Analysis

7.2.5.2.2.3.               By Price Range Market Share Analysis

7.2.5.2.2.4.               By Sales Channel Market Share Analysis

7.2.5.3.        Mexico Soaps Market Outlook

7.2.5.3.1.           Market Size & Forecast

7.2.5.3.1.1.               By Value

7.2.5.3.2.           Market Share & Forecast

7.2.5.3.2.1.               By Product Type Market Share Analysis

7.2.5.3.2.2.               By Composition Market Share Analysis

7.2.5.3.2.3.               By Price Range Market Share Analysis

7.2.5.3.2.4.               By Sales Channel Market Share Analysis

8.    Europe Soaps Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Composition Market Share Analysis

8.2.3.    By Price Range Market Share Analysis

8.2.4.    By Sales Channel Market Share Analysis

8.2.5.    By Country

8.2.5.1.        Germany Soaps Market Outlook

8.2.5.1.1.           Market Size & Forecast

8.2.5.1.1.1.               By Value

8.2.5.1.2.           Market Share & Forecast

8.2.5.1.2.1.               By Product Type Market Share Analysis

8.2.5.1.2.2.               By Composition Market Share Analysis

8.2.5.1.2.3.               By Price Range Market Share Analysis

8.2.5.1.2.4.               By Sales Channel Market Share Analysis

8.2.5.2.        France Soaps Market Outlook

8.2.5.2.1.           Market Size & Forecast

8.2.5.2.1.1.               By Value

8.2.5.2.2.           Market Share & Forecast

8.2.5.2.2.1.               By Product Type Market Share Analysis

8.2.5.2.2.2.               By Composition Market Share Analysis

8.2.5.2.2.3.               By Price Range Market Share Analysis

8.2.5.2.2.4.               By Sales Channel Market Share Analysis

8.2.5.3.        United Kingdom Soaps Market Outlook

8.2.5.3.1.           Market Size & Forecast

8.2.5.3.1.1.               By Value

8.2.5.3.2.           Market Share & Forecast

8.2.5.3.2.1.               By Product Type Market Share Analysis

8.2.5.3.2.2.               By Composition Market Share Analysis

8.2.5.3.2.3.               By Price Range Market Share Analysis

8.2.5.3.2.4.               By Sales Channel Market Share Analysis  

8.2.5.4.        Italy Soaps Market Outlook

8.2.5.4.1.           Market Size & Forecast

8.2.5.4.1.1.               By Value 

8.2.5.4.2.           Market Share & Forecast

8.2.5.4.2.1.               By Product Type Market Share Analysis

8.2.5.4.2.2.               By Composition Market Share Analysis

8.2.5.4.2.3.               By Price Range Market Share Analysis

8.2.5.4.2.4.               By Sales Channel Market Share Analysis 

8.2.5.5.        Spain Soaps Market Outlook

8.2.5.5.1.           Market Size & Forecast

8.2.5.5.1.1.               By Value

8.2.5.5.2.           Market Share & Forecast

8.2.5.5.2.1.               By Product Type Market Share Analysis

8.2.5.5.2.2.               By Composition Market Share Analysis

8.2.5.5.2.3.               By Price Range Market Share Analysis

8.2.5.5.2.4.               By Sales Channel Market Share Analysis    

9.    South America Soaps Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Composition Market Share Analysis

9.2.3.    By Price Range Market Share Analysis

9.2.4.    By Sales Channel Market Share Analysis 

9.2.5.    By Country

9.2.5.1.        Brazil Soaps Market Outlook

9.2.5.1.1.           Market Size & Forecast

9.2.5.1.1.1.               By Value

9.2.5.1.2.           Market Share & Forecast

9.2.5.1.2.1.               By Product Type Market Share Analysis

9.2.5.1.2.2.               By Composition Market Share Analysis

9.2.5.1.2.3.               By Price Range Market Share Analysis

9.2.5.1.2.4.               By Sales Channel Market Share Analysis 

9.2.5.2.        Colombia Soaps Market Outlook

9.2.5.2.1.           Market Size & Forecast

9.2.5.2.1.1.               By Value

9.2.5.2.2.           Market Share & Forecast

9.2.5.2.2.1.               By Product Type Market Share Analysis

9.2.5.2.2.2.               By Composition Market Share Analysis

9.2.5.2.2.3.               By Price Range Market Share Analysis

9.2.5.2.2.4.               By Sales Channel Market Share Analysis 

9.2.5.3.        Argentina Soaps Market Outlook

9.2.5.3.1.           Market Size & Forecast

9.2.5.3.1.1.               By Value

9.2.5.3.2.           Market Share & Forecast

9.2.5.3.2.1.               By Product Type Market Share Analysis

9.2.5.3.2.2.               By Composition Market Share Analysis

9.2.5.3.2.3.               By Price Range Market Share Analysis

9.2.5.3.2.4.               By Sales Channel Market Share Analysis 

10. Middle East & Africa Soaps Market Outlook

10.1.   Market Size & Forecast

10.1.1. By Value

10.2.   Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Composition Market Share Analysis

10.2.3. By Price Range Market Share Analysis

10.2.4. By Sales Channel Market Share Analysis 

10.2.4.1.     Saudi Arabia Soaps Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.            By Value

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.            By Product Type Market Share Analysis

10.2.4.1.2.2.            By Composition Market Share Analysis

10.2.4.1.2.3.            By Price Range Market Share Analysis

10.2.4.1.2.4.            By Sales Channel Market Share Analysis    

10.2.4.2.     UAE Soaps Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.            By Value

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.            By Product Type Market Share Analysis

10.2.4.2.2.2.            By Composition Market Share Analysis

10.2.4.2.2.3.            By Price Range Market Share Analysis

10.2.4.2.2.4.            By Sales Channel Market Share Analysis    

10.2.4.3.     South Africa Soaps Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.            By Value

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.            By Product Type Market Share Analysis

10.2.4.3.2.2.            By Composition Market Share Analysis

10.2.4.3.2.3.            By Price Range Market Share Analysis

10.2.4.3.2.4.            By Sales Channel Market Share Analysis 

10.2.4.4.     Turkey Soaps Market Outlook

10.2.4.4.1.         Market Size & Forecast

10.2.4.4.1.1.            By Value

10.2.4.4.2.         Market Share & Forecast

10.2.4.4.2.1.            By Product Type Market Share Analysis

10.2.4.4.2.2.            By Composition Market Share Analysis

10.2.4.4.2.3.            By Price Range Market Share Analysis

10.2.4.4.2.4.            By Sales Channel Market Share Analysis 

11. Asia Pacific Soaps Market Outlook

11.1.   Market Size & Forecast

11.1.1. By Value

11.2.   Market Share & Forecast

11.2.1. By Product Type Market Share Analysis

11.2.2. By Composition Market Share Analysis

11.2.3. By Price Range Market Share Analysis

11.2.4. By Sales Channel Market Share Analysis 

11.2.4.1.     China Soaps Market Outlook

11.2.4.1.1.         Market Size & Forecast

11.2.4.1.1.1.            By Value

11.2.4.1.2.         Market Share & Forecast

11.2.4.1.2.1.            By Product Type Market Share Analysis

11.2.4.1.2.2.            By Composition Market Share Analysis

11.2.4.1.2.3.            By Price Range Market Share Analysis

11.2.4.1.2.4.            By Sales Channel Market Share Analysis 

11.2.4.2.     India Soaps Market Outlook

11.2.4.2.1.         Market Size & Forecast

11.2.4.2.1.1.            By Value

11.2.4.2.2.         Market Share & Forecast

11.2.4.2.2.1.            By Product Type Market Share Analysis

11.2.4.2.2.2.            By Composition Market Share Analysis

11.2.4.2.2.3.            By Price Range Market Share Analysis

11.2.4.2.2.4.            By Sales Channel Market Share Analysis 

11.2.4.3.     Japan Soaps Market Outlook

11.2.4.3.1.         Market Size & Forecast

11.2.4.3.1.1.            By Value

11.2.4.3.2.         Market Share & Forecast

11.2.4.3.2.1.            By Product Type Market Share Analysis

11.2.4.3.2.2.            By Composition Market Share Analysis

11.2.4.3.2.3.            By Price Range Market Share Analysis

11.2.4.3.2.4.            By Sales Channel Market Share Analysis 

11.2.4.4.     South Korea Soaps Market Outlook

11.2.4.4.1.         Market Size & Forecast

11.2.4.4.1.1.            By Value

11.2.4.4.2.         Market Share & Forecast

11.2.4.4.2.1.            By Product Type Market Share Analysis

11.2.4.4.2.2.            By Composition Market Share Analysis

11.2.4.4.2.3.            By Price Range Market Share Analysis

11.2.4.4.2.4.            By Sales Channel Market Share Analysis 

11.2.4.5.     Australia Soaps Market Outlook

11.2.4.5.1.         Market Size & Forecast

11.2.4.5.1.1.            By Value

11.2.4.5.2.         Market Share & Forecast

11.2.4.5.2.1.            By Product Type Market Share Analysis

11.2.4.5.2.2.            By Composition Market Share Analysis

11.2.4.5.2.3.            By Price Range Market Share Analysis

11.2.4.5.2.4.            By Sales Channel Market Share Analysis 

12. Market Dynamics

12.1.   Drivers

12.2.   Challenges

13. Market Trends and Developments

14. Voice of Customer

14.1.   Brand Awareness

14.2.   Customer Satisfaction Level

14.3.   Major Challenges/Issues Faced Post Purchase

15. Company Profiles

15.1.   Unilever PLC

15.2.   The Procter & Gamble Company

15.3.   Colgate-Palmolive Company

15.4.   Johnson & Johnson Services, Inc.

15.5.   Reckitt Benckiser Group PLC

15.6.   Kao Corporation

15.7.   Beiersdorf AG

15.8.   L'Oréal SA

15.9.   The Clorox Company

15.10.Godrej Consumer Products Limited

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the global soaps market is estimated to be USD37.2 billion in 2022.

down-arrow

The factors driving the growth of the global soaps market include growing disposable income and increasing consumer awareness & consciousness regarding personal hygiene and wellness.

down-arrow

The rise of online retail and the growing popularity of natural & organic soaps among the younger generation are the trends in the global soaps market.

down-arrow

Intense competition and the increasing cost of raw materials are the major challenges in the global soaps market.

profile

Parvati Sharma

Account Manager BD
Press Release

Global Soaps Market is Fueled by Liquid Soap During the Forecast Period

Aug, 2023

The global soaps market has experienced significant growth over the years, driven by various factors such as changing consumer behavior, technological advancements, increasing demand from emerging ec