Find Out More About Organic Bar Soap Market Global Growth With Rising CAGR And Forecast Till 2030

San Francisco, 16 Feb 2024: The Report Organic Bar Soap Market Size, Share & Trends Analysis Report By Distribution Channel (Supermarkets/Hypermarkets, General Stores, Online), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2022 – 2030

The global organic bar soap market is expected to reach USD 3.64 billion by 2030, registering a CAGR of 8.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to the rising preference for natural and organic products that are functional as well as trendy. The availability of organic soaps with a wide range of natural fragrances is another factor driving the market.

Growing consumer interest in organic products is gaining traction, causing businesses and retailers to struggle to match rising customer demand for “green” products with attributes such as organic, recyclable, fair trade, and sustainably produced. Dr. Squatch, for instance, sells handmade organic soaps while being transparent about the product’s component list on the label.

Consumers are more inclined toward organic skin care products as a result of the COVID-19 pandemic, and the market has witnessed significant demand as a result of the growing interest in natural formulations in face/body skin care regimes. Skin sensitivity and awareness of the adverse effects of chemicals and synthetic items are two factors driving market expansion. Therefore, companies are focusing on developing solutions that are specifically tailored to meet the demands of different consumers, such as dry, sensitive, acne-prone, aging, oily, or normal skin. For instance, in October 2022, The Eco Com announced the release of its new line of bar soaps, which include Vegan Sea Salt Soap, Beautiful Things Soap (Palmarosa + Grapefruit), Wanderlust Soap (Lavender + Tea Tree), and When Skies Are Grey Soap (Lemongrass + Lavender).

There has been a considerable shift in the channels through which people shop for organic products. Prior to COVID-19, the majority of beauty and personal care product purchases were made in stores. The lockdown severely impacted this aspect of the beauty industry as most of the brick-and-mortar stores were shut down for weeks. However, there has been a significant rise in sales through e-commerce channels in 2020. Several consumers started buying their personal care and grooming products online due to the pandemic.

The market’s growth is reliant upon the global consumer inclination toward well-being. Additionally, the market is driven by changing consumer behavior patterns for beauty and personal care globally. The global organic bar soap supply chain and distribution channel were disrupted by the Coronavirus outbreak, which resulted in the closure of convenience stores and super/hypermarkets across the world. The COVID-19 pandemic increased the demand for organic and sustainable products. Organic products are gaining immense popularity owing to the health benefits they provide, which is driving up the demand for organic and sustainable products.

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The pandemic augmented the focus on public health, which influenced people to opt for natural products. This move has given merchants and manufacturers an opportunity to demonstrate their support, market their products, and keep these new customers as long-term natural product consumers.

Organic Bar Soap Market Report Highlights

• Based on distribution channel, the online segment dominated the market and accounted for 45.8% of the global revenue share in 2021 and is expected to retain its dominance over the forecast period. It is expected to grow at a CAGR of 8.3% during the forecast period.
• The demand for organic bar soaps has increased as consumers’ purchasing habits have been considerably impacted by the online distribution channel, which offers benefits such as doorstep service, quick payment options, huge discounts, and the availability of a diverse range of organic products on a single platform. Significant industry players are rapidly creating e-commerce websites due to increased internet users and customer desire for shopping apps.
• Based on region, Asia Pacific dominated the market and accounted for a 33.1% share of global revenue in 2021 and consumes the most organic bar soaps, followed by North America and Europe.
• However, global consumption of organic bar soaps is increasing, particularly in regions with a growing middle class due to rising interest in natural and organic ingredients in personal care products. India, in particular, is experiencing rapid growth in its middle-class population’s organic product consumption.

Vegan, natural, organic, clean, reef-friendly, GMO, gluten-free, soy-free, transparency, and recyclable products are now being demanded by consumers. The manufacturers in the market are introducing innovative products that address consumer demand. For instance, Vibey Soap Co’s range of eco-friendly and plant-based soaps available in a range of colors and fragrances creates a positive aura. All of the soaps, from Cucumber & Melon to Almond Mahogany, are vegan and packaged in plastic-free clamshells.

Organic Bar Soap Market Report Scope

List of Key Players in the Organic Bar Soap Market

• Neal’s Yard (Natural Remedies) Limited
• Khadi Natural
• Dr. Bronners’s Magic Soaps
• The Body Shop International Limited
• Forest Essentials
• Truly’s Natural Products
• Bali Soap
• Beach Organics
• Osmia