According to IMARC Group’s latest report, titled “India Soap Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. the India soap market is expected to exhibit a CAGR of 4% during 2022-2027.
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Soaps represent the cleaning and emulsifying surfactants that are used for bathing, washing, and rinsing. They are manufactured using chemical salts, natural plant oils, fatty carboxylic acids, etc., and mixed with water to create suds for cleaning. Some of the commonly available soaps include handwashes, facewashes, bathing bars, surface cleaners, etc. They also find wide-ranging applications as thickeners, lubricants, and precursors in various industrial processes. As such, soaps are also extensively utilized in residential and commercial complexes, educational institutions, restaurants, hotels, etc.
India Soap Market Trends/Drivers:
The growing consumer consciousness towards personal hygiene is primarily driving the India soap market. Additionally, the sudden outbreak of the COVID-19 pandemic is inflating the demand for antiseptic and antibacterial products in hospitals and healthcare centers, which is further catalyzing the market growth. Besides this, the increasing adoption of soaps to prevent the transmission of germs, viruses, and other pathogens, on account of the rising prevalence of communicable infections, is acting as another significant growth-inducing factor. Moreover, government bodies and private organizations across India are installing automatic liquid and foam-based soap dispensers to enhance the user convenience. This, in turn, is also positively influencing the market growth. Furthermore, the introduction of hand-crafted variants that are usually infused with essential oils, natural fragrances, aesthetically appealing coloring agents, etc., is anticipated to fuel the India soap market over the forecasted period.
Competitive Landscape:
- Colgate Palmolive (India) Ltd
- Godrej Consumer Products Limited
- Himalaya Wellness Company
- Hindustan Unilever Limited
- ITC Limited
- Jyothy Laboratories Ltd
- Karnataka Soaps
- Detergents Limited
- Patanjali Ayurved Limited
- Reckitt Benckiser (India) Ltd
- Wipro Consumer Care & Lighting
Key Market Segmentation:
Breakup by Type:
- Organic
- Conventional
Breakup by Form:
- Liquid
- Solid
- Others
Breakup by Product:
- Bath Soap
- Kitchen Soap
- Medicated Soap
- Laundry Soap
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies
- Online Stores
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Full report with TOC & List of Figures: https://www.imarcgroup.com/india-soap-market
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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