According to a recent market research report by Future Market Insights, the global cold pressed soap market is projected to grow significantly over the next decade. With a current market value of USD 946.98 million in 2023, the market is expected to expand at a compound annual growth rate (CAGR) of 6.2%, reaching USD 1,728.17 million by 2033.
Cold pressed soaps, made by combining sodium-hydroxide lye and oils tailored for specific end-use applications, are becoming increasingly popular in the cosmetic and healthcare industries. These soaps offer the unique ability to customize ingredients such as oil, scent, colorants, and other components, contributing to their growing demand in medical skincare and beauty products.
Market Drivers and Trends
The rising interest in natural and organic ingredients in beauty and skincare products is a key factor driving the demand for cold pressed soaps. Consumers are increasingly seeking products free from synthetic additives, turning to cold pressed soaps for their therapeutic skin benefits and eco-friendly manufacturing processes.
In addition to their popularity in cosmetics, cold pressed soaps have also gained traction in the healthcare industry due to their skin-nourishing properties. With their ability to cleanse and heal the skin, these soaps are in high demand among consumers seeking products that are both effective and gentle on the skin.
Furthermore, the growing preference for handcrafted products has resulted in a surge in the consumption of cold pressed soaps in recent years. As natural beauty trends continue to rise, these products are expected to see even greater adoption, particularly in regions like North America, Europe, and Asia Pacific.
Market Segmentation and Sales Channels
In terms of sales channels, the hypermarkets/supermarkets segment is expected to account for the largest share of the market. These retail outlets offer a wide variety of cold pressed soaps, often at competitive prices, and allow customers to compare fragrances, ingredients, and other product features.
While solid bar soaps are still widely used, the growing popularity of liquid soaps—perceived as more hygienic and convenient—has boosted the sales of liquid cold pressed soaps. This shift is expected to continue, with the liquid soap segment dominating the market in terms of volume.
Regional Insights
The Asia Pacific region currently dominates the cold pressed soap manufacturing sector, followed closely by Europe and North America. Key countries such as the United States and China are leading manufacturers of cold pressed soaps, driven by the growing popularity of natural skincare products and the expanding healthcare and cosmetic industries.
Europe is expected to remain the most lucrative market for cold pressed soap due to its high demand among consumers who seek products with numerous therapeutic benefits, especially given the aging population in the region. In developing countries like India, the cosmetic industry is growing rapidly, offering substantial opportunities for market expansion in the cold pressed soap sector.
Competitive Landscape
The cold pressed soap market features a competitive landscape with key players such as Village Naturals, Yumscents, Pretty Suds United Kingdom Limited, Essence of Earth, LUSH Ltd., Oliver Rocket LLC, Amor Bath Bombs, Hugo Naturals, Soul & Soap, and Twasa. These players are increasingly focusing on product innovation, expanding their offerings to cater to changing consumer preferences, and forming strategic partnerships with regional companies to enhance their global presence.
Twasa, for instance, is moving towards manufacturing cold pressed soaps using organic ingredients and employing handmade production techniques, capitalizing on the growing demand for artisanal and sustainable products. Additionally, collaborations with global suppliers are helping key players ensure their products reach a broader customer base worldwide.
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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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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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