Global Organic Liquid Soap Market Share Rise at 7.8% CAGR, to Reach USD 135.1 Million by 2028
The global organic liquid soap market size is expected to reach USD 135.1 million by 2028 according to a new study by Polaris Market Research.
Key factors contributing to the development of the industry are a swift standard of living and modernization in the economies. Moreover, the benefits offered by the organic liquid cleanser do not harm an individual’s skin and maintain the quality of skin as these products are made up of organic liquid substances derived from natural ingredients such as essential oils, glycerine, and plant-based oils.
The outbreak of COVID 19 also positively influenced the organic liquid cleanser development as consumers are getting more aware of their health. Hence, such alertness among the population for preventing the spreading of these transmissible diseases drives the organic liquid cleanser industry in the upcoming years.
For instance, the European Commission banned Decamethyl-cyclopentasiloxane (D5) and Octamethyl-cyclotetrasiloxane (D4) in April 2017. D4 is restricted to use in wash-off cosmetic goods in a concentration equivalent or more than 0.1 percent in terms of the weight of any ingredients.
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This substance is recognized as a vPvB (very persistent and bio-accumulative) substance and toxic ingredients, widely used in cosmetics and professional or personal care products. Therefore, stringent government norms influence the uptake of the product. North America is expected to be the dominating region over the forecast period, due to rising apprehensions regarding the health consciousness population. However, the Asia Pacific is showing the highest CAGR due to the increasing adoption of online trading.
Top Market Players
Industry participants include Country Rose Soap Company Ltd, Botanie Natural Soap, Inc., Lunaroma IncOregon Soap Company, Mountain Rose Herbs, SFIC, Soap Solutions Tropical Products, Penns Hill Organic Soap Company, and Vanguard SoapLLC are some of the key companies operating in the industry.
In response to the rising changeable demand among the end-users, several industry players are employing local industry strategies. For instance, in July 2021, Soapbox and Surge for Water announced a partnership to manufacture and distribute cleansers to needy communities. The partnership is facilitating around 1,25,000 bars of cleansers, which equals the liquid cleanser to around 3 billion people who are unable to access proper hand-washing facilities.
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Polaris Market Research has segmented the organic liquid soap market report on the basis of application, distribution channel, and region:
Organic Liquid Soap, Application Outlook (Revenue – USD Million, 2016 – 2028)
Organic Liquid Soap, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)
- Supermarkets & Hypermarkets
- Convenience Stores
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