Bar Soap Market To Reach $43.1 Billion By 2030 | CAGR: 4.6%

Bar Soap Market Growth & Trends

The global bar soap market size is expected to reach USD 43.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2023 to 2030. The rising demand for bar soaps from various end-users, including hotels and restaurants, health clubs, homes, institutional centers, and others, is boosting market growth. Moreover, there is a growing consumer demand for high-quality artisanal bar soaps with unique scents, visually appealing designs, and premium ingredients.

Consumers value skincare routines as a positive part of their daily rituals to maintain their personal hygiene as well as self-care. According to an article in the Global Cosmetic Industry in March 2019, a significant percentage of them follow multi-step routines, washing their face and applying moisturizer at least twice daily. The growing emphasis on facial cleansing is driving the global demand for bar soap.

Some brands offer customizable facial soap bars, allowing consumers to select specific ingredients based on their skin concerns or preferences. This personalized approach has resonated well with consumers who seek tailor-made skincare solutions. Al? Goods, based in Arizona, U.S., is one such company offering custom bar soaps with respect to shape, scent, color, and ingredients. Customers can choose from a range of essential oils and all-natural plant-based colorants to create special one-of-a-kind soap bars. They can also choose from various natural additives like calendula, aloe vera, oats, and honey, along with additional kinds of butter and oils such as coconut oil, cocoa butter, and shea butter.

The desire for distinctive and interesting bar soaps has grown as technology and innovation continue to take center stage in the market for bar soaps. For instance, in July 2022, the Alberta, Canada-based cleantech company CleanO2 announced the launch of a carbon capture body bar soap that converts CO2, a greenhouse gas, into pearl ash, the main ingredient in CleanO2 soap bars, in an effort to curb greenhouse gas emissions.

Manufacturing trends in the market for bar soaps are increasingly focused on addressing environmental concerns and promoting sustainability. Manufacturers are adopting eco-friendly techniques to produce organic soap bars with a smaller carbon impact. They are also incorporating biodegradable packaging to reduce waste and align with the principles of eco-aware customers who prioritize green practices. The extensive use of bar soaps in various public places, such as food service areas, healthcare facilities, offices, and entertainment venues, has led to an increased demand for them in unique shapes and fragrances. In these settings, bar soaps not only serve as essential hygiene products but also encourage consumers to wash their hands.

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Bar Soap Market Report Highlights

• The synthetic bar soap segment dominated the global market by accounting for the largest revenue share in 2022. Synthetic soap bars that address particular skin concerns such as sensitive skin, dryness, or acne-prone skin are in high demand. In order to meet these unique needs, personal care brands have been concentrating on developing formulae that are specifically suited to the consumer

• The specialized bar soap segment is estimated to show the fastest growth over the forecast period. Specialty bars often include ingredients like collagen, retinol, or antioxidants, targeting signs of aging and promoting a more youthful appearance

• The Asia Pacific market for bar soaps is anticipated to have the fastest growth over the forecast period. Formulations such as apple cider vinegar, onion seed oil, and other Ayurvedic options have created a demand for natural alternatives over synthetic ones. Also, bar soap companies are providing hand-crafted bar soaps in different quantities to gain a wider consumer base

Bar Soap Market Segmentation

Grand View Research has segmented the global bar soap market on the basis of type, application, distribution channel, and region:

Bar Soap Type Outlook (Revenue, USD Million, 2017 - 2030)

• Organic

• Synthetic

Bar Soap Application Outlook (Revenue, USD Million, 2017 - 2030)

• Hair Care

• Skin/Body Care

• Facial Care

• Specialized

Bar Soap Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarkets/Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Retailers

• Others

Bar Soap Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • France

  • UK

• Asia Pacific

  • China

  • India

  • Japan

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Bar Soap Market

• Lush Retail Ltd.

• Ethique, Inc.

• Unilever

• Chagrin Valley Soap & Salve Co.

• Galderma S.A.

• The Body Shop

• Johnson & Johnson

• KIRK’S NATURAL LLC

• Tom's of Maine

• Dr. Bronner's