Canada Bar Soap Market Size & Outlook, 2022-2030
Canada bar soap market, 2017-2030 (US$M)
Related Markets
Canada bar soap market highlights
- The Canada bar soap market generated a revenue of USD 836.5 million in 2022 and is expected to reach USD 1,222.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating type in 2022.
- Organic is the most lucrative type segment registering the fastest growth during the forecast period.
Bar soap market data book summary
| Market revenue in 2022 | USD 836.5 million |
| Market revenue in 2030 | USD 1,222.1 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 2.8% of the global bar soap market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bar soap market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,222.1 million by 2030.
Synthetic was the largest segment with a revenue share of 90.71% in 2022. Horizon Databook has segmented the Canada bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
The Canada bar soap market is characterized by the presence of major commercial brands and smaller artisanal soap makers. They cater to a diverse consumer base with varying preferences and needs, including those seeking traditional and natural formulations, eco-conscious options, and specialty soaps for sensitive skin.
One of the most prominent trends in the bar soap market in Canada is the increasing demand for natural and organic soaps. Consumers are seeking products with fewer synthetic chemicals and more natural ingredients, driven by the desire for skin-friendly and eco-friendly options. Bar soaps containing botanical extracts, essential oils, and plant-based ingredients have gained popularity among a rising number of consumers in the country.
A notable participant in this market is The Great Canadian Soap Company, a small, family-run business with a specialization in crafting goat milk soap. Its unique products are meticulously handcrafted on its farm, incorporating fresh goat milk, natural oils, and butter.
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Bar Soap Market Scope
Bar Soap Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada bar soap market size, by type, 2017-2030 (US$M)
Canada Bar Soap Market Outlook Share, 2022 & 2030 (US$M)
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