Bar Soap Market size to grow by USD 8.3 billion from 2022 to 2027, Beaumont Products Inc., CST Soap, Dr. Woods Products, and more to be key players of the market - Technavio
NEW YORK, Oct. 3, 2023
NEW YORK, Oct. 3, 2023 /PRNewswire/ -- The bar soap market is estimated to grow by USD 8.3 billion from 2022 to 2027, growing at a CAGR of 4.31%. The bar soap market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer bar soap market are Beaumont Products Inc., CST Soap, Dr. Woods Products, Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, Himalaya Global Holdings Ltd., ITC Ltd., John Drury and Co. Ltd., Johnson and Johnson, LOreal SA, Manos Soap Co., Natura and Co Holding SA, Neals Yard Ltd., Reckitt Benckiser Group Plc, The Original Bradford Soap Works Inc., The Procter and Gamble Co., Twincraft Skincare, Unilever PLC, Vanguard Soap, and VVF Ltd. The report provides a full list of key companies, their strategies, and the latest developments. Download a FREE Sample before buying
- Beaumont Products Inc: The company offers various types of bar soaps such as aloe vera, vitamin E, honeysuckle, and tea tree, under the brand Clearly Glycerin bar soaps.
- Dr. Woods Products - The company offers various types of bar soaps such as raw black soap with shea, peppermint castile soap with fair trade shea butter, and tea tree castile soap with fair trade shea butter.
- Godrej Consumer Products Ltd. - The company offers various types of bar soaps and toilet soaps such as Cinthol.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa. APAC will have the largest share of the market.
APAC accounts for 50% of the growth of the global market during the forecast period. Factors such as the diverse population are significantly contributing to the growth of the global bar soap market in APAC. In addition, the cultural preferences in India and affordability are also positively impacting the growth of the market in the region. For example, in India, several traditional beauty rituals and holistic wellness practices leverage the use of bar soaps infused with natural ingredients that align with local botanical knowledge. Furthermore, other factors that are fuelling the growth of the market in APAC include rising urbanization and increasing disposable income. Hence, such factors are expected to drive the market growth in APAC during the forecast period.
Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.
- Impactful driver- Growing hygiene awareness
- Key Trend - Growing use of sustainable materials in soap bar packaging
- Major Challenges - Growing consumer awareness about the toxicity of chemical ingredients
The market share growth of the synthetic segment is significant during the forecast period.
Technavio Research experts have provided more insights on the market share of segments - View a FREE Sample Report
- How do the major trends impact the market?
- How big is the APAC market?
- How do the key drivers and challenges impact the market?
The organic baby shampoo market size is estimated to grow at a CAGR of 4.91% between 2022 and 2027. The market size is forecast to increase by USD 148.4 million. The market is segmented by type (below 500ml and above 500ml), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Increasing customer awareness about baby health and hygiene is a major factor driving the market growth.
The body masks market size is estimated to grow at a CAGR of 10.04% between 2022 and 2027. The market size is forecast to increase by USD 215.46 million. The market is segmented by type (natural and synthetic), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The increase in product offerings specific to distinct skin concerns and skin types is driving growth in the body mask market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bar-soap-market-size-to-grow-by-usd-8-3-billion-from-2022-to-2027--beaumont-products-inc-cst-soap-dr-woods-products-and-more-to-be-key-players-of-the-market---technavio-301944292.html