Bath Soap Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Bath Soap Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global bath soap market size reached US$ 22.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.
Bath soaps are personal care products made from a combination of alkalis, such as caustic soda and caustic potash. They also comprise glycerin, animal or vegetable fats, propylene glycol, allantoin, sodium laureth sulfate (SLS), and triethanolamine. They assist in unclogging pores, removing dirt and debris, and conditioning the skin. As they aid in maintaining the overall hygiene of an individual and are available in the form of powder, bar, flakes, or liquid, the demand for bath soaps is escalating across the globe.
Bath Soap Market Trends:
Due to the significant rise in pollution levels , there is an increase in the utilization of bath soaps around the world for protecting skin from infectious pollutants. This represents one of the key factors positively influencing the market. Apart from this, the easy availability of eco-friendly bath soaps made from organic and vegan ingredients are strengthening the growth of the market. Furthermore, leading players are focusing on the launch of innovative products with attractive and biodegradable packaging to expand their product portfolio. These players are also introducing premium product variants, which are made using an exotic ingredient selection, on account of improved living standards and growing awareness among the masses about personal hygiene. Besides this, they are considerably investing in engaging promotional campaigns like celebrity endorsements to create brand presence and expand the overall sales. Besides this, the rising cases of coronavirus disease (COVID-19) are positively influencing the sales of bath soaps via online distribution channels across the globe. This can be accredited to the implementation of stringent lockdown regulations in numerous counties and the surging need for the adoption of social distancing measures.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bath soap market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, form and distribution channel.
Breakup by Product Type:
Premium Products
Mass Products
At present, mass products account for majority of the total global market as they are affordable as compared to premium products.
Breakup by Form:
Solid Bath Soaps
Liquid Bath Soaps
Presently, solid bath soaps hold the largest market share as their packaging is more eco-friendly.
Breakup by Distribution Channel:
Supermarkets and hypermarkets
Convenience stores
Pharmacies
Specialty Stores
Online
Others
Breakup by Region:
Asia Pacific
Europe
North America
Latin America
Middle East and Africa
Amongst these, Asia Pacific enjoys the leading position in the market due to the significantly growing population in the region.
Competitive Landscape:
The competitive landscape of the industry has also been examined, along with the profiles of the key players being Procter and Gamble, Unilever and Colgate Palmolive.
This report provides a deep insight into the global bath soap industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a bath soap manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bath soap industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global bath soap market in 2022?
2. What is the expected growth rate of the global bath soap market during 2023-2028?
3. What are the key factors driving the global bath soap market?
4. What has been the impact of COVID-19 on the global bath soap market?
5. What is the breakup of the global bath soap market based on the product type?
6. What is the breakup of the global bath soap market based on the form?
7. What are the key regions in the global bath soap market?
8. Who are the key companies/players in the global bath soap market?
The global bath soap market size reached US$ 22.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.
Bath soaps are personal care products made from a combination of alkalis, such as caustic soda and caustic potash. They also comprise glycerin, animal or vegetable fats, propylene glycol, allantoin, sodium laureth sulfate (SLS), and triethanolamine. They assist in unclogging pores, removing dirt and debris, and conditioning the skin. As they aid in maintaining the overall hygiene of an individual and are available in the form of powder, bar, flakes, or liquid, the demand for bath soaps is escalating across the globe.
Bath Soap Market Trends:
Due to the significant rise in pollution levels , there is an increase in the utilization of bath soaps around the world for protecting skin from infectious pollutants. This represents one of the key factors positively influencing the market. Apart from this, the easy availability of eco-friendly bath soaps made from organic and vegan ingredients are strengthening the growth of the market. Furthermore, leading players are focusing on the launch of innovative products with attractive and biodegradable packaging to expand their product portfolio. These players are also introducing premium product variants, which are made using an exotic ingredient selection, on account of improved living standards and growing awareness among the masses about personal hygiene. Besides this, they are considerably investing in engaging promotional campaigns like celebrity endorsements to create brand presence and expand the overall sales. Besides this, the rising cases of coronavirus disease (COVID-19) are positively influencing the sales of bath soaps via online distribution channels across the globe. This can be accredited to the implementation of stringent lockdown regulations in numerous counties and the surging need for the adoption of social distancing measures.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bath soap market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, form and distribution channel.
Breakup by Product Type:
Premium Products
Mass Products
At present, mass products account for majority of the total global market as they are affordable as compared to premium products.
Breakup by Form:
Solid Bath Soaps
Liquid Bath Soaps
Presently, solid bath soaps hold the largest market share as their packaging is more eco-friendly.
Breakup by Distribution Channel:
Supermarkets and hypermarkets
Convenience stores
Pharmacies
Specialty Stores
Online
Others
Breakup by Region:
Asia Pacific
Europe
North America
Latin America
Middle East and Africa
Amongst these, Asia Pacific enjoys the leading position in the market due to the significantly growing population in the region.
Competitive Landscape:
The competitive landscape of the industry has also been examined, along with the profiles of the key players being Procter and Gamble, Unilever and Colgate Palmolive.
This report provides a deep insight into the global bath soap industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a bath soap manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bath soap industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global bath soap market in 2022?
2. What is the expected growth rate of the global bath soap market during 2023-2028?
3. What are the key factors driving the global bath soap market?
4. What has been the impact of COVID-19 on the global bath soap market?
5. What is the breakup of the global bath soap market based on the product type?
6. What is the breakup of the global bath soap market based on the form?
7. What are the key regions in the global bath soap market?
8. Who are the key companies/players in the global bath soap market?
Table of Contents
126 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Bath Soap Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Region
- 5.5 Market Breakup by Product Type
- 5.6 Market Breakup by Form
- 5.7 Market Breakup by Distribution Channel
- 5.8 Market Forecast
- 5.9 SWOT Analysis
- 5.9.1 Overview
- 5.9.2 Strengths
- 5.9.3 Weaknesses
- 5.9.4 Opportunities
- 5.9.5 Threats
- 5.10 Value Chain Analysis
- 5.10.1 Research and Development
- 5.10.2 Raw Material Procurement
- 5.10.3 Manufacturing
- 5.10.4 Distribution
- 5.10.5 Exports
- 5.10.6 Retailers
- 5.10.7 End-Use
- 5.11 Porter’s Five Forces Analysis
- 5.11.1 Overview
- 5.11.2 Bargaining Power of Buyers
- 5.11.3 Bargaining Power of Suppliers
- 5.11.4 Degree of Competition
- 5.11.5 Threat of New Entrants
- 5.11.6 Threat of Substitutes
- 5.12 Price Analysis
- 5.12.1 Key Price Indicators
- 5.12.2 Price Structure
- 5.12.3 Margin Analysis
- 5.13 Key Market Drivers and Success Factors
- 6 Performance of Key Regions
- 6.1 Asia Pacific
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Europe
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 North America
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Latin America
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Middle East and Africa
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 7 Performance by Product Type
- 7.1 Premium Products
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Mass Products
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Performance by Form
- 8.1 Solid Bath Soaps
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Liquid Bath Soaps
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Performance by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Convenience Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Pharmacies
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Specialty Stores
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Online
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 10 Competitive Landscape
- 10.1 Competitive Structure
- 10.2 Market Breakup of Key Players
- 11 Bath Soap Manufacturing Process
- 11.1 Product Overview
- 11.2 Detailed Process Flow
- 11.3 Various Types of Unit Operations Involved
- 11.4 Mass Balance and Raw Material Requirements
- 12 Project Details, Requirements and Costs Involved
- 12.1 Land Requirements and Expenditures
- 12.2 Construction Requirements and Expenditures
- 12.3 Plant Layout
- 12.4 Plant Machinery
- 12.5 Raw Material Requirements and Expenditures
- 12.6 Raw Material and Final Product Pictures
- 12.7 Packaging Requirements and Expenditures
- 12.8 Transportation Requirements and Expenditures
- 12.9 Utility Requirements and Expenditures
- 12.10 Manpower Requirements and Expenditures
- 12.11 Other Capital Investments
- 13 Loans and Financial Assistance
- 14 Project Economics
- 14.1 Capital Cost of the Project
- 14.2 Techno-Economic Parameters
- 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 14.4 Taxation and Depreciation
- 14.5 Income Projections
- 14.6 Expenditure Projections
- 14.7 Financial Analysis
- 14.8 Profit Analysis
- 15 Key Player Profiles
- 15.1 Procter and Gamble
- 15.1.1 Company Overview
- 15.1.2 Description
- 15.1.3 Product Portfolio
- 15.1.4 SWOT
- 15.1.5 Financials
- 15.2 Unilever
- 15.2.1 Company Overview
- 15.2.2 Description
- 15.2.3 Product Portfolio
- 15.2.4 SWOT
- 15.2.5 Financials
- 15.3 Colgate Palmolive
- 15.3.1 Company Overview
- 15.3.2 Description
- 15.3.3 Product Portfolio
- 15.3.4 SWOT
- 15.3.5 Financials
Pricing
Currency Rates
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