Market revenue in 2022 | USD 1,017.4 million |
Market revenue in 2030 | USD 1,494.8 million |
Growth rate | 4.9% (CAGR from 2022 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Organic |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Organic, Synthetic |
Key market players worldwide | Unilever PLC, Natura &Co Holding SA ADR, Johnson & Johnson, Colgate-Palmolive Co, Lush Retail Environments, Ethique, Chagrin Valley Soap & Salve, Galderma, Dr. Bronner's |
Synthetic was the largest segment with a revenue share of 92.95% in 2022. Horizon Databook has segmented the Brazil bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
Based on data from the Brazilian Cosmetic, Toiletries, and Perfumery Industry Association (ABIHPEC), soap manufacturing in Brazil is witnessing a rise in the global market. Soaps accounted for 19% of the sector's total exports in 2022, reaching approximately USD 148 million. Notably, 83% (USD 122.5 million) of these exports were shipped to countries like Chile, Argentina, Peru, Paraguay, Venezuela, Colombia, Mexico, and Uruguay, with bar soaps making up 67% of the shipments.
Dana Cosmetics is a prominent personal care brand in Brazil that sells deodorant and soaps. In April 2023, Dana Cosmetics’ Herbissimo brand collaborated with Perfetti Van Melle’s Mentos brand to release bar soaps along with liquid soaps, liquid talcum, shampoo, and conditioner.
The soaps are formulated with EspuMentos technology that gives color and creaminess to the bath foam. The vegetable glycerin and natural ingredients in the soap leave the skin fragrant and clean.
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