Market revenue in 2022 | USD 1,732.8 million |
Market revenue in 2030 | USD 2,565.4 million |
Growth rate | 5% (CAGR from 2022 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Organic |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 92.18% in 2022. Horizon Databook has segmented the Middle East & Africa bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
Bar soaps are favored in the Middle East and Africa due to their cost-effectiveness and wide availability. They serve as a practical choice for personal hygiene needs, with a more affordable price point compared to liquid soaps. Regional companies have been coming to the forefront by capitalizing on local market insights, meeting cultural preferences, and offering competitive pricing, allowing them to gain prominence and compete with global brands effectively.
Arma Soap and Detergents, for instance, an Egyptian FMCG company, displayed its products during the fourth iteration of EGY BEAUTY EXPO 2023 as part of its plan to increase exports and seek new markets. The corporation aims to grow its export share from 10% to 25% by 2025 to stimulate the Egyptian economy and draw in foreign currency.
Companies offering natural ingredient-based soaps are emerging in the African bar soap market due to the growing consumer demand for sustainable, eco-friendly, and locally-sourced products, reflecting a shift toward more conscious choices in personal care.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account