Organic Soap Market | Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2023 – 2027

The Organic Soap Market size is projected to increase by USD 145.15 million and the market size is estimated to grow at a CAGR of 7.18% between 2022 and 2027. The availability of soaps in a wide range of natural fragrances is driving market growth. Some of the wide variety of natural fragr

Originally published on Technavio:Analysis of the Organic Soap Market Distribution Channels, Products, and Geographical Forecast 2023-2027

Overview:
The Organic Soap Market is poised for growth, with an estimated increase of USD 145.15 million, projected to achieve a Compound Annual Growth Rate (CAGR) of 7.18% between 2022 and 2027. The market is fueled by the availability of soaps in a diverse range of natural fragrances sourced from plants and minerals. These organic fragrances, devoid of side effects, contribute to soft and supple skin, driving market expansion.

Market Dynamics:
The market is driven by the growing popularity of private-label brands among retailers worldwide, leveraging herbal ingredients and scented soaps to meet the rising demand for bio products among consumers. However, a significant challenge lies in the shorter shelf life of organic soaps compared to synthetic counterparts due to the absence of synthetic preservatives.

Market Segmentation:
1. By Distribution Channel:
 - Online Segment: Expected to witness significant growth, facilitated by a wide range of brands and products, convenience of product comparison, proliferation of online shopping portals, and smartphone penetration.
  - Supermarkets and Hypermarkets Segment: Driven by the convenience of accessing a variety of products under one roof and increasing consumer preference for organized retail spaces.

2. By Product:
  - Organic Bar Soap Segment: Expected to dominate market growth, offering economical, deodorizing, and exfoliating benefits over liquid soaps.
   - Organic Liquid Soap Segment: Driven by better moisturizing effects, rich lather, and perceived germ-free nature, especially amid the COVID-19 pandemic.

Regional Analysis:
- APAC: Estimated to contribute 34% to global market growth, driven by rising consumer awareness and a strong focus on skincare.
- North America: Witnessing substantial growth due to high consumer purchasing power, growing awareness about harmful chemicals in synthetic soaps, and a surge in adoption of organic soaps.

Major Companies:
Companies are adopting various strategies such as alliances, partnerships, and product launches to strengthen their market presence.
Key Offerings:
  - Anuspa Heritage Pvt Ltd: Offers organic soaps like Avon naturals papaya soap and tedibar.
  - Beach Organics Skin Care: Provides organic soaps including atlantis organic hand and body soap.
  - Botanie Natural Soap Inc: Offers organic soap variants like bar soap 4 oz and liquid soap 1 gallon.
The competitive landscape analysis includes information about 15 market companies, focusing on strengths, weaknesses, and market positioning.

To Learn deeper into this report View Sample PDF
The market witnesses a surge in demand for eco-friendly soap products with a preference for natural ingredients. Major players are embracing regenerative organic agriculture, offering product variants infused with natural fragrances like lime and aloe vera, plum and mulberry, and mandarin.
The market report forecasts revenue growth at global, regional, and country levels, analyzing market drivers, trends, and growth opportunities from 2017 to 2027.

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