China Bar Soap Market Size & Outlook, 2022-2030
China bar soap market, 2017-2030 (US$M)
Related Markets
China bar soap market highlights
- The China bar soap market generated a revenue of USD 3,522.1 million in 2022 and is expected to reach USD 5,119.4 million by 2030.
- The China market is expected to grow at a CAGR of 4.8% 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 3,522.1 million |
| Market revenue in 2030 | USD 5,119.4 million |
| Growth rate | 4.8% (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, China accounted for 11.7% 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 Asia Pacific, China bar soap market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,137.0 million by 2030.
Synthetic was the largest segment with a revenue share of 91.81% in 2022. Horizon Databook has segmented the China bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
As China's middle-income population expands and disposable income increases, consumers are willing to spend more on premium and higher-quality products, including organic bar soaps. China's rapid economic growth has led to heightened environmental concerns. Consumers are seeking more sustainable products with lower environmental impact.
Also, the Chinese government has been promoting sustainable and green initiatives. This has led to the implementation of regulations supporting the use of organic and environmentally friendly ingredients in personal care products. Customers in China prefer a variety of options that fit their unique preferences, spending limits, and lifestyles, owing to the availability of several bar soap sizes and scents.
This range of products is utilized by producers to better satisfy the demands of consumers. For instance, Shanghai Soap Co. is a Chinese soap manufacturer that offers a diverse range of bar soaps with various sizes and fragrances. Its product lineup includes different options to suit individual preferences, budget constraints, and lifestyle needs.
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Bar Soap Market Scope
Bar Soap Market Companies
| Name | Profile | # Employees | HQ | Website |
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China bar soap market size, by type, 2017-2030 (US$M)
China Bar Soap Market Outlook Share, 2022 & 2030 (US$M)
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