The global cold pressed soap market is poised to reach a market value of US$ 946.98 million in 2023 and is projected to exhibit a CAGR of 6.2% from 2023 to 2033 and reach US$ 1,728.17 million in 2033.The demand for cold processed soap in recent past year and demand for handmade soaps has also resulted in creating sizable.
Cold pressed soap market is expected to experience mounting demand as result of advancing healthcare and cosmetic industry. With option of choosing oil, scent, colorants and ingredient while making has resulted in increasing popularity of cold processed soap in medical and beauty products.
. Cold pressed soaps finds its usage in cosmetic and healthcare industry, as it provides numerous health benefits for skin.
Increasing attraction towards natural contents which are used for manufacturing beauty products to drive demand for cold processed soap over the forecast period.
Being available in many flavors, cold pressed soaps are manufactured with combination of sodium-hydroxide lye and oils as per end-use and application. However, choosing of proper ingredient is dependent on type of different type of composition and end use is important as application specific.
Global Cold Pressed Soap Market is Experiencing Downturn in Demand as COVID-19 Outbreak
Covi-19 has not only shattered the movement of the people but also the production and trade of the major products in the market. Halted production activity and disrupted supply chain has resulted in eroding demand for cold pressed soaps during these pandemic.
Imposition of regional and national level lockdown has resulted in demand for non-essential commodities has resulted in eroding demand for cold pressed soap during these pandemic.
For the market to resurrect to its original form, production and marketing activities should restart at force which is possible post 4th quarter of FY2020. Not only cold pressed soap demand, supply has also been put on hold to normalize the market prices which is set to normalize the overall production cost, post market resurrection.
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Cold Pressed Soap Market: Regional Outlook
Asia Pacific region dominates the production of cold pressed soap followed by Europe and North America based market. U.S. and China are considered as leading manufacturer, backed by its increasing attraction towards naturally processed beauty products and mounting healthcare as well as cosmetic industry.
Furthermore, Europe is seen as most lucrative segment for demand of cold pressed soap as result of numerous health benefits and mounting number of old-age population.
Advancing cosmetic industry in developing country like India with higher population density is providing numerous growth opportunities for cold pressed soap market. The expanding applications for soap and its combination with numerous substrate has resulted in increasing demand for cold pressed soap.
However, with increasing urbanization and mounting demand for beauty products with health benefits to boost demand for cold processed soaps over the forecast period (2020-2030).
Cold Pressed Soap Market: Competition Analysis
Prominent global players of cold processed soaps market includes Village Naturals, Yumscents, Pretty Suds U.K. Limited, Essence of Earth, LUSH Ltd., Oliver Rocket LLC, Amor Bath Bombs, Hugo Naturals, Soul & Soap and Twasa. Players in the cold pressed soap market are collaborating with regional players to ensure their global presence and reach till their targeted audience.
In addition to collaboration with regional players, key players are also focusing on product innovation to meet mounting demand for cold pressed soap for end-use based application.
Besides, players like Twasa are shifting towards manufacturing of cold pressed soaps with natural ingredients and production process carried out through hand-made. Furthermore, key players are also focusing on collaboration with global suppliers in order to ensure availability of their product across the globe.
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The research report presents a comprehensive assessment of the cold processed soap market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
This cold pressed soap market report provides analysis and information, according to market segments such as cold processed soap in soap type, end-use application, sales channel and region.
The Global Cold Processed Soap Market Report Covers Exhaustive Analysis On
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The Global Cold Processed Soap Market Regional Analysis Includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, RoE)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, ASEAN, ANZ, Rest of Oceania)
- MEA (GCC Countries, South Africa, Turkey, Rest of MEA)
The cold processed soap market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The global cold processed soap market report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The global cold processed soap market report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Cold Pressed Soap Market Segmentation
Global cold pressed soap market is bifurcated into four major categories: soap type, end-use application, sales channel and region.
By Soap Type:
- Glycerin Soap
- Transparent Soap
- Liquid Soap
- Others
By End-use Application:
- Kitchen Soap
- Laundry Soap
- Novelty Soap
- Guest Soap
- Medicated Soap
- Beauty Soap
- Others
By Sales Channel:
- Supermarket / Hypermarket
- E-commerce
- Retail Stores
- Pharmaceuticals Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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