The global Organic Soaps Market size is expected to reach USD 383.4 million by 2025, according to a new report by Grand View Research, Inc., registering an 8.1% CAGR during the forecast period. Rising awareness regarding environment conservation and increasing water pollution caused by harmful chemicals present in personal care products, including parabens, triclosan, phthalates, triclocarbon, and aluminum salts, are key factors driving the market.
Over
the past few years, governments of several countries have been banning harmful
chemicals used in cosmetics and personal care products in order to promote
organic, herbal, and all-natural soaps. This is further fueled by growing
consumer awareness regarding synthetic chemicals present in toiletries like
hand and bathing soaps. In addition, consumer preference for natural
ingredients in personal care products is supported by the efforts of various
certification bodies such as The International Natural and Organic Cosmetics
Association (NATRUE). The association mandated that at least 95.0% of physically
processed agro-ingredients in rinse-off products such as soaps and shampoo must
be organic. These initiatives, and evolving consumer trends are expected to
boost product demand over forecast period.
The
landscape of the liquid organic soaps segment is fragmented in nature due to
the presence of a large number of players. Liquid soaps are preferred by
consumers over bar soaps as they are more hygienic. Customers are becoming more
aware regarding family bathing products and are offering a host of organic and
natural personal care products. Key manufacturers such as SUNDIAL BRANDS LLC;
Lush Retail Ltd.; Osmia Organics, LLC; EO Products; Pangea Organics, Inc.; and
Brittanies Thyme are launching new products in order to cater to increasing
product demand. For instance, in April 2019, Korkut Oil Soap Industries Inc.
introduced a liquid soap made from unique ingredients: goat milk and extra
virgin olive oil. The product, called ‘Olivos Goat Milk Liquid Soap’, helps
delay signs of aging and removes dead skin.
Europe
is expected to emerge as the fastest growing organic soap market over the
course of the forecast period, registering a CAGR of 8.7% from 2019 to 2025.
Manufacturers are launching new products that are organic, herbal, cruelty-free
and chemical-free in order to cater to evolving customer demands. Over the past
few years, Germany, France, and U.K. have seen an increase in product launches.
For instance, in September 2016, 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.
Product information is provided by a mobile app and customers can take their
products in ethically-sourced regenerative containers made from cork.
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https://www.grandviewresearch.com/industry-analysis/organic-soaps-market
Further key findings from the report suggest:
- Liquid
product variants are expected to witness the fastest growth, exhibiting a
CAGR of 8.4% from 2019 to 2025. Liquid soaps are preferred by consumers
over bar variants as they are more hygienic
- The online
distribution channel is expected to witness the fastest growth by the end
of the forecast period, generating a revenue of USD 75.3 million by the
end of 2025
- North
America is the dominant market and accounted for more than 30.0% of the
global revenue in 2018 owing to high concentration of U.S-based manufacturers
- Key players
in organic soap include SUNDIAL BRANDS LLC; Lush Retail Ltd.; Osmia
Organics, LLC; EO Products; Pangea Organics, Inc.; and Brittanies Thyme.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.Contact:
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Grand View Research, Inc
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