India Soap Market Size, Growth and Forecast By 2027
According to IMARC Group’s latest report, titled “India Soap Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the India market reached a value of US$ XX Billion in 2021. Soaps are cleansing and emulsifying agents used in washing, bathing, and rinsing. They are made from chemical salts and fatty carboxylic acids that are combined with water to make suds. They include handwashes, facewashes, bathing bars and surface cleaners. They are used as thickeners, lubricants and precursors to catalyze various industrial processes. As a result, soaps are extensively utilized in educational institutions, restaurants, hotels, and residential and commercial spaces of India.
India Soap Market Trends:
Rising awareness among individuals about personal hygiene represents one of the major factors driving the market in India. Moreover, due to the growing communicable diseases, such as malaria, typhoid, hepatitis, and Jaundice, people are using soaps to reduce the transmission of viruses and pathogens. This, along with the escalating demand for antiseptic and antibacterial soaps in the healthcare industry, is fueling the market growth in the country. In addition, favorable initiatives introduced by the Government of India (GOI) to promote public hygiene are positively influencing the market. Furthermore, market players operating in the country are introducing hand-crafted soaps made with organic and natural ingredients, which is projected to propel the growth of the market. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
- Colgate Palmolive (India) Ltd
- Godrej Consumer Products Limited
- Himalaya Wellness Company
- Hindustan Unilever Limited
- ITC Limited
- Jyothy Laboratories Ltd
- Karnataka Soaps
- Detergents Limited
- Patanjali Ayurved Limited
- Reckitt Benckiser (India) Ltd
- Wipro Consumer Care & Lighting
Key Market Segmentation:
Breakup by Type:
- Organic
- Conventional
Breakup by Form:
- Liquid
- Solid
- Others
Breakup by Product:
- Bath Soap
- Kitchen Soap
- Medicated Soap
- Laundry Soap
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies
- Online Stores
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/india-soap-market.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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