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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Soap Market Growth
Soap works as an emulsifier, enabling oil and water to mix and rinse greasy dirt. Soaps are generally alkaline and made from natural ingredients like plant oils (coconut, vegetable, palm, pine) or animal fat-derived acids. This alkalinity can influence their appropriateness for various skin types or applications.
According to the data from the Open Government Data (OGD) platform, the increase in hotels in India from 1,620 in 2021 to 1,929 in 2022, with a corresponding rise in the number of rooms from 107,482 to 100,892, will boost the soap market significantly. More hotels mean higher demand for guest amenities, including soap, to maintain hygiene standards. This expansion translates to increased bulk orders for soaps from hotel chains, benefiting the soap manufacturing industry.
Soap Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The major market drivers is the rising consciousness of health and hygiene, prevalence of infectious diseases, and inculcation of handwashing habits worldwide.
The key soap market trends include the production of herbal and organic bars, sustainable packaging for soap, and specialised soaps for different skin needs.
The market is categorised according to the type, which includes bath and body soaps, kitchen soaps, and laundry soaps.
The primary forms of soaps are solid and liquid.
The different soap products are fragrant and non-fragrant.
The market is categorised according to the application, which includes household and commercial.
The market key players are The Procter & Gamble Company, Unilever PLC, Henkel AG & Co. KGaA, Church & Dwight Co., Inc., Colgate-Palmolive Company, Nice Group, Reckitt Benckiser Group Plc, Ecolab Inc, ITC Limited, and Johnson & Johnson Services Inc, among others.
The typical pH value of soap is around 9-10.
There are main ingredients in soap are oil or fat, lye, and water.
Based on the distribution channels, the market is divided into hypermarkets and supermarkets, convenience stores, online, and others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124