Organic Liquid Soap Market– Statistics And Analysis & Forecast To 2027Posted by Mrudula Anil Karmarkar on May 9th, 2022 The global organic liquid soaps market size is anticipated to reach USD 117.5 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% from 2020 to 2027. Demand for the product is driven by rising consumer awareness regarding the harmful effects of soaps manufactured using synthetic ingredients. At a macro level, increasing product availability across all distribution channels continues to capture consumer interest worldwide. Despite its organic halo, consumers prefer organic liquid soaps due to their beneficial properties, including anti-bacterial properties and soothing fragrances. These products are available in a wide variety of packaging options, such as glass/plastic bottles and spouted pouches. Prominent brands worldwide continue to opt for spouted pouches owing to its convenience of use. In the near term, brands are likely to employ sustainable packaging materials due to rising global concerns regarding the production and consumption of plastic-based packaging products. Organic liquid soaps have been posing a significant threat to conventional bathing bars over the years. At a broad level, advancements in innovative dispenser systems are likely to create a healthy demand for the product in the foreseeable future. In addition, prominent industry players have been launching innovative products with customizable soap bases to attract a varied set of consumers. Such factors are expected to fuel the product demand in the near term. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/organic-liquid-soaps-market/request/rs1 North America emerged as the largest market for organic liquid soaps in 2020. This region is forecast to retain its pole position throughout the forecast timeframe, given the rising popularity of liquid-based hygiene products among an expanding consumer base. The U.S. is anticipated to remain the most prominent market within North America throughout the forecast period. The presence of stringent regulations regarding personal hygiene, most notably in the healthcare sector, is expected to strengthen the market position of North America in the foreseeable future. Organic Liquid Soap Market Report Highlights
The market is characterized by intense competitive rivalry, with both domestic and internationally-renowned players sharing the market space. In the coming years, market participants are likely to focus on offering customized products to their customers to remain competitive. Increasing demand for hand hygiene has resulted in bulk buying across all hand hygiene product categories, including organic liquid soaps. However, lockdowns across countries worldwide have disrupted supply chains, thereby leading to a disparity between supply and demand. In the near future, tier-1 stakeholders are expected to increase their scale of operation to cater to the rising product demand. India is expected to emerge as one of the most lucrative markets for organic liquid soaps over the forecast period. Given the rich heritage of Ayurveda in the country, manufacturers are likely to introduce new products with natural fragrance and organic ingredients. The concept of ‘back to nature’ is expected to create a healthy demand for organic liquid soaps among Indian consumers in the near future. The market is moderately fragmented and has been characterized by intense competition, with both domestic and international players sharing the market space. Product development is among the major strategic initiatives adopted by prominent players to stay competitive. The rising popularity of organic ingredients within the personal care space is likely to encourage prospective manufacturers, notably small- and medium-sized companies, to establish a business. However, the dominance of well-established and internationally reputed companies is expected to maintain the threat of new entrants at a moderate level throughout the forecast timeframe. Some of the prominent players in the organic liquid soaps market include:
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