Global Organic Soaps Market - 2022-2029

Global Organic Soaps Market - 2022-2029

Market Overview

The global organic soaps market was valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Organic soap is a cleansing agent manufactured with organic ingredients or substances. It is produced through organic methods that are free from artificial chemicals and GMO (Genetically Modified Organism) as per regulation set by the organic certification bodies. Natural oils like coconut, jojoba, and hemp seed are frequently used in organic soaps, and they all have the ability to infiltrate your pores and cleanse your skin from the inside out. Growing focus on skincare and hygiene, coupled with rising awareness about the harmful side effects of chemical and synthetic ingredients in personal care products, including soaps, is expected to be a key driver for the market.

Market Dynamics:

The demand for organic products is increasing due to harmful effects of synthetic products

Due to increased consumer knowledge of the detrimental effects of some compounds included in regular soap, such as parabens and aluminum compounds, there is a growing desire for natural and organic products. Organic soaps, for example, are popular among customers because they contain natural components that improve skin health. Additionally, organic soaps are natural cleansers and can help with skin disorders such as eczema, acne, and even sunburn. The efficacy, longer-lasting protection, and clinical features of these organic products influence consumer choices. The demand for natural components is increasing among consumers due to the therapeutic characteristics of natural ingredients; as a result, many customers prefer organic products in their daily lives, resulting in the growth of the organic soap market.

Organic ingredients must be kept at a consistent temperature and packaged according to strict guidelines. If certain things are not manufactured within the proper conditions, they may have negative consequences. Furthermore, because these products are derived from plant extract with very little ingredients and are premium valued, they have a significantly shorter shelf life. These factors may limit the organic soaps growth.

Market Segmentation:

Organic liquid soaps segment accounted for the highest share in global organic soaps market

Organic liquid soaps are chemical-free products made from organic oil and natural raw materials. More demand for higher-quality products, increased knowledge of organic soaps. An increase in the rates of skin allergies and disorders worldwide is expected to drive organic liquid soap sales in the coming years. Furthermore, end-users are likely to be interested in items with enhanced formulations and upgraded with unique ingredients. This is projected to stimulate demand for organic soaps in the next years.

Based on revenue in 2021, the offline channel had the highest share of the organic soap market, with over XX percent. Because these channels enable tangible verification, consumers choose to buy personal care products like organic soaps from hypermarkets, retail shops, and supermarkets. Furthermore, having a range of brands and items under one roof makes purchasing easier for customers. The rise of the middle class in nations such as Bangladesh, India, China, and Pakistan are expected to inspire supermarkets to open new domestic chains.

Geographical Penetration:

Europe is the dominating region during the forecast period

Europe is expected to grow at CAGR of XX % during the forecast period. The demand for a presentable personal image among European customers drives the industry, as is their awareness of personal hygiene habits. The demand for natural or organic soap has increased as consumers' health and hygiene concerns have grown. As a result of these causes, the demand for natural and organic product innovation has risen to meet changing customer demands. The market's demand for natural components has resulted in most companies launching products with nature-inspired ingredients. Furthermore, the growing popularity of organic concept stores among consumers for organic cosmetic items is expected to boost the region's expansion of natural and organic beauty and personal care products. As a result, the demand for organic products in the region is increasing, boosting the organic soap industry in the region. Over the past few years, Germany, France, and U.K. have seen an increase in product launches. For instance, Lush Retail Ltd., a U.K.-based manufacturer of natural personal care products, launched its concept retail store in Milan and Berlin where products are sold in innovative, packaging-free alternatives.

Competitive Landscape:

The market studied is highly competitive in nature, this is due to the presence of domestic and international players in this sector. The major players of the industry are Unilevel plc., Neal's Yard (Natural Remedies) Limited., The Procter & Gamble Company, Truly's Natural Product, and Johnson & Johnson Pharmaceutical industry company. Some of the major players use mergers and acquisitions as their key strategy. In 2021, Neal's Yard Remedies has launched a Beauty Box for winters, the beauty box is a whole package of organic and natural products which can act as skin health promoters for the consumers, the strategy behind the new launch is to offer consumers a range of organic product and develop the company's brand as a pure natural and organic product manufacturer, which will target a large group of consumers and will help in expansion of the business. In 2020, Johnson & Johnson Pharmaceutical industry company has launched CottonTouch head-to-toe bath baby care products, according to the company, these products are completely natural and organic in nature. The strategy behind the new innovation of the baby product is to develop a brand image of the company as a baby-care products company that will target the sentiments of the consumers. Moreover, being a complete organic products company for babies, the company can even target larger consumers of this sector which will result in the growth of the company.

COVID-19 Impact: Positive impact on the global organic soaps market

The COVID-19 crisis had a big impact on the market. The purchasing habits of people have changed. Organic soap usage has increased due to growing worries about the impact of synthetic components in synthetic soaps, such as parabens and sulfates, which can cause serious skin reactions and damage. The demand for soap and sanitizer products has expanded significantly due to the World Health Organization's (WHO) standards for maintaining good hygiene. Organic soap reduces the danger of contamination by destroying germs and bacteria. Furthermore, government spending on personal hygiene goods has expanded significantly. Increased public awareness and many governments' attempts to ensure easy availability have significantly impacted public spending. As a result, demand for organic soap is predicted to rise during the forecast years.

Why Purchase the Report?
• Understand the current market scenario and viability of global organic soaps market over the forecast period
• Visualize the composition of the global organic soaps market in terms of type, distribution channel and region to identify major players, growth potential, and market strategies
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Excel data sheet with valuable data points of the global organic soaps market– Regional and Country level segmentation
• Product mapping in excel for the key products of all major market players
• Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

The global organic soaps market report would provide an access to approximately 53 market data tables, 44 figures and 180 pages.

Target Audience:
• Personal Hygiene Products Manufacturers
• Import and Export Companies
• Industry Investors
• Education & Research Institutes
• Research Professionals