Market Size of Organic Soap Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 0.78 Billion |
Market Size (2029) | USD 1.20 Billion |
CAGR (2024 - 2029) | 8.74 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Organic Soap Market Analysis
The Organic Soap Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.20 billion by 2029, growing at a CAGR of 8.74% during the forecast period (2024-2029).
Consumers' rising concerns about the skin health issues caused by chemically composed skincare products are one of the primary reasons driving the market. The growing awareness of achieving a sustainable environment by reducing the impact of chemicals and government initiatives to support organic products are fueling market growth. Furthermore, the existence of modern-age technology, which has resulted in the introduction of innovative solutions, particularly in the skincare segment, is encouraging a significant number of individuals throughout the world to use chemical-free soaps. According to the Office for National Statistics (UK), in 2021, the sales volume of soap and organic surface-active products in bars stood at 54 million kilograms in the United Kingdom.
The demand for natural and organic soaps has been fueled by the prevalence of adverse effects from chemicals in soap, which can cause conditions including skin irritation, allergies, and dull skin. Long-term usage of synthetic soaps may result in toxicity, hormone imbalance, and other health problems. On the other hand, organic soaps made of plant extracts and natural oils do not adversely affect the skin. Organic soap's advantages over synthetic ones drive the organic soap market globally.