Asia-Pacific Organic Soap Market Size
APAC Organic Soaps market size was USD 243.3 Millionen in 2021, with an expected CAGR of 7% between 2021 and 2031, the market is anticipated to grow at USD 479.1 million at the end of 2031
Organic soap is manufactured from organic and natural substances such as plant-derived oils, aromatic oils, and glycerin’s, bee wax, honey, amla, and aloe vera. Organic soaps have many soothing effects, including extreme skin conditions, which tend to treat skin problems, such as acne and eczema. Organic soap bars have different characteristics such as antioxidants, no chemical or solvent, natural anti-bacterial agents, and are usually harsh free and environmentally friendly. Standard soaps, however, contain dangerous additives, sensitive chemicals, and long-term, toxic lathering agents which could lead to skin rashes and dry and flaky skin.
Market highlights
APAC Organic Soaps market is expected to project a CAGR of 7% during the forecast period, 2021-2031
The rising concerns of people for skin infections and other health concerns are driving the growth of the organic soap industry. Consumers are now increasingly aware of the advantages of organic soap over traditional chemical soap. These days’ people are very conscious and eager to live healthily, which is why they are more likely to expect to be safe and balanced with organic and natural goods. The growth of the organic soap market is consistently increased by these factors.
Recent Highlights in Asia-Pacific Organic Soap Market
• An increasing usefulness of organic ingredients within the field of personal care is expected to promote the establishment of businesses and encourage prospective manufacturing companies, particularly SMEs.
• Over the projected period the domination of well-established and globally renowned corporations is anticipated to retain a moderate degree of threat to new competitors.
Asia-Pacific Organic Soap MarketExpected Market Growth
Asia-Pacific Organic Soap Market: Segments
The bar soap segment is expected to rise with a remarkable CAGR in the Asia Pacific market over the forecast period in 2019-2030 as part of the organic soap product category. The liquid soap sector is expected to rise over the next 10 years at a significant CAGR.
The supermarket/hypermarket segment has generated large sales in the Asia Pacific organic soap market in 2018 and is expected to manage to dominate the distribution channel segments in the forecast period of 2019-2030. In the next few years, the online retail segment is expected to see substantial growth. Increasing online shopping inclination among people in developing countries is expected to stimulate segment growth in the long term.
Asia-Pacific Organic Soap Market: Drivers and Restraints
Drivers
Increasing Demand and awareness for Organic Soaps
One of the major factors anticipated to augment the demand in the forecast period is the emergence of organic soaps in a wide variety of natural fragrances. Flavors used in organic soaps have also been extracted from several natural plants such as citrus fruit, oatmeal lavender, herbal rosemary, sandalwood, mint, and others. With many new firms introducing organic soap products, such as plant and quality botanical additives combined with multipurpose properties in organic soaps. In general, a consciousness of a healthy climate, together with government efforts to promote organic goods, leads to organic soap market growth. The impacts of chemical compounds are also minimized.
Concern for Health and Hygiene
A high percentage of health-aware consumers prefer one brand over others based on their organic composition in the soap. These factors pushed manufacturers to develop their product offerings to meet the rapidly adjusting demands of consumers. According to the findings, it is projected to improve the growth in the organic soaps market in the Asia Pacific in the forecast period of 2019-2020 with the rising trend in bio concept shops for organic cosmetic products among consumers.
Restraint
Natural and organic soaps are typically not ideal for killing the germs. They are only used for the beautiful, soothing scent on the skin. They should not be applied to children because the children are seeking a soap or a body wash that removes the bacteria and germs on their bodies. Organic soaps do cost more than traditional synthetic soap bars, and more people with lower incomes in the Asia Pacific region prefer cheaper goods.
Asia Pacific Digital Remittance Market: Regional Analysis
China to surge at the highest CAGR of xx% during 2020-2030
Asia Pacific digital remittance market is further segmented by region into:
- China Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Japan Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- India Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Hong Kong Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Singapore Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Taiwan Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Indonesia Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Rest of Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
Asia-Pacific Organic Soap Market: Key Players
- Shea Moisture
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Dr. Bronner
- The Body Shop
- Herban Cowboy
- Desert Essence
- Biopha Biosecure
- Oregon Soap Company
- Speick
- Znya Organics
- Other Prominent Players
The Asia-Pacific Organic Soap Market report also contains analysis on:
Asia-Pacific Organic Soap market segments:
- By product type
- Bar Soap
- Liquid Soap
- Paper Soap
- By distribution channel
- Supermarkets/ Hypermarkets
- Specialty Stores
- Online Retailers
- Others
- Asia-Pacific Organic Soap market dynamics
- Asia-Pacific Organic Soap market size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
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