The new report by Expert Market Research titled, ‘India Soap Market Trends, Share, Price, Size, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the India soap market, assessing the market based on its segments like types, forms, products, distribution channels, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-soap-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Approximately INR 3.53 Billion
- Forecast CAGR (2023-2028): 6.8%
The soap industry in India is being driven by the increased demand for soaps and cleansing agents among consumers. Soaps find diverse uses in various applications such as in kitchen cleaning, body washing, laundry, and medicine. In addition, the surged demand for organic and chemical-free soaps is significantly contributing to the market growth.
Natural oil-based soaps are increasingly gaining prominence among consumers as they offer skin health improvement benefits, hence propelling the market growth. Moreover, the rising demand for solid bar soaps due to their wide variety and cost-effective benefits is also estimated to boost the market growth in the coming years.
India Soap Industry Definition and Major Segments
Soaps are body cleansing agents that come in solid and liquid forms. These are obtained from sodium salts of fatty acid chains through the process known as saponification. These are used for body cleansing and household cleaning like kitchen utensils, among others. In addition, soaps are used in the production of lubrication agents.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-soap-market
The market, on the basis of type, can be bifurcated into:
On the basis of form, the market can be segmented into:
Based on product, the market can be segregated into:
- Bath Soap
- Kitchen Soap
- Medicated Soap
- Laundry Soap
By distribution channel, the market can be categorised into:
- Supermarkets and Hypermarkets
- Convenience Stores
The regional markets for soap include:
- North India
- South India
- West India
- East India
India Soap Market Trends
The escalating health consciousness concerning health, hygiene, and sanitation are predicted to aid the market growth in the coming years. In the wake of the COVID-19 and the wide risk of its subsequent waves, the demand for disinfectants and antibacterial cleansers to reduce the spread of the virus is expected to grow. In addition, the growing demand for antibacterial soaps and cleansers owing to the rising hygiene consciousness is also anticipated to aid the market growth.
The increasing awareness of hygiene maintenance and the importance of sanitation are leading to an increased demand for soaps in rural regions of the country. This is anticipated to bolster the market growth in the forecast period.
Key Market Players
The major players in the market are Godrej Consumer Products Limited, Hindustan Unilever Limited, ITC Limited, The Himalaya Drug Company, and Wipro Enterprises (P) Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Non-Small Cell Lung Cancer Treatment Market: https://www.expertmarketresearch.com/reports/non-small-cell-lung-cancer-treatment-market
Medical Device Outsourcing Market: https://www.expertmarketresearch.com/reports/medical-device-outsourcing-market
Polymer Foam Market: https://www.expertmarketresearch.com/reports/polymer-foam-market
Kaolin Market: https://www.expertmarketresearch.com/reports/kaolin-market
Events Industry Market: https://www.expertmarketresearch.com/reports/events-industry-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA