Organic soap is a cleansing agent manufactured with organic ingredients or substances. It is produced through organic methods that are free from artificial chemicals and GMO (Genetically Modified Organism) as per regulation set by the organic certification bodies. Organic soaps are certified by various certification bodies across the globe such as the EU Organic Certification, United States Department of Agriculture (USDA), Australian Certified Organic, and Nature’s International Certification Services (NICS).
Organic soaps are chemical-free products, processed from organic oil and raw ingredients. Rise in preference for high-quality products, increase in awareness about organic soaps, and surge in prevalence of skin allergies and diseases across the globe are expected to fuel the sales of the product in the next few years.
Major drivers of the global organic soap market include rise in awareness about chemical-free products, growth in consumer base who prefers organic products, increase in manufacturing of organic product start-ups, surge in disposable income of consumers, celebrities endorsing organic soaps over conventional soaps, and high penetration of products through major specialty retail sectors and online platforms. In addition to this, rapid urbanization in emerging economies and adoption of expensive premium organic soaps across the globe are expected to propel the market during the forecast period.
However, low shelf-life as compared to conventional soaps, higher prices of products, lack of raw materials for processing, and differing standards and regional regulations as per organic certifying bodies are the major restraints of the market. Nonetheless, development of new and innovative products targeting new customers, enhancement of product shelf-life, and penetration of products in the market through e-commerce are expected to create significant opportunities for the organic soap market.
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The global organic soap market can be segmented based on product, process type, skin type, organic level, category, distribution channel, and region. In terms of product, the market can be bifurcated into organic bar soaps and organic liquid soaps.
Based on process type, the organic soap market can be classified into handmade and machine made. Based on organic level, the global organic soap market can be categorized into 70% organic, 95% organic, and 100% organic.
Based on skin type, the market can be segmented into sensitive, dry, oily, normal, and combination skin. In terms of category, the organic soap market can be classified into premium price, popular price, and super premium price. In terms of distribution channel, the market can be classified into online and offline. The offline segment is sub-segmented into mega retail stores, independent stores, specialty stores, and others.
Major players operating in the global organic soap market include EO Products, Neal’s Yard (Natural Remedies) Limited, Lavanila Laboratories, Vi-Tae, Sundial Brands LLC, Truly’s Natural Products, Khadi Natural, The Honest Company, Inc., Nature’s Gate, Erbaviva, LLC , Laverana GmbH & Co. KG, Sensible Organics, Beach Organics, Pangea Organics, Inc., and Forest Essentials.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
This post was originally published on Market Reports