(MENAFN- EIN Presswire) Douglas Insights
The report on the global handmade soap market provides a comprehensive industry analysis, market size, market share, growth trends, and forecasts 2018 to 2028.
BRIDGE HOUSE, ISLE OF MAN, ISLE OF MAN, October 13, 2022 / / -- About Handmade Soap:
Handmade soap is becoming increasingly popular as people seek out more natural and artisanal products. These soaps are made using traditional methods and often contain high-quality ingredients that can benefit the skin.
Although handmade soap is usually more expensive than commercial soap, many people feel that it is worth the extra cost. Handmade soap can last longer than mass-produced soap, and it can also be gentler on the skin.
Size Analysis:
The handmade soap market is expected to grow at a CAGR of XX% from 2018 to 2026. The market was valued at USD XX million in 2018 and is projected to reach USD XX million by 2026. The major drivers for the growth of the handmade soap market are increasing awareness about natural ingredients, shifting consumer preference towards organic and natural products, and growing demand for personal care and hygiene products.
Explore the report-
However, the high cost of raw materials and stringent government regulations are restraining the growth of the handmade soap market.
The global handmade soap market is segmented based on product type, distribution channel, and geography. Based on product type, the market is classified into bar soap, liquid soap, cream soap, transparent soap, shaving soap, medicated soap, baby soap, and others. The bar soaps segment holds the largest share in the global handmade soap market due to its wide availability across various distribution channels such as supermarkets/hypermarkets, specialty stores, online stores, and others.
Based on distribution channel, the global handmade soap market is bifurcated into offline and online channels. The offline channel includes supermarkets/hypermarkets, specialty stores, and drugstores & pharmacies. The online channel includes e-commerce portals and company websites. The offline channel accounted for a larger share in 2018 due to easy availability of products through this, the online channel is projected to grow at a higher CAGR during the forecast period due to increasing demand for personal care products in countries such as India and China.
Handmade Soap Market Drivers:
The handmade soap market is driven by several factors. The first is the increasing interest in natural and organic products. Handmade soap is often made with natural ingredients, which appeal to consumers who are looking for more natural options.
Second, the growing popularity of artisanal and small-batch products is also driving the handmade soap market. Consumers are increasingly interested in supporting local businesses and artisans and are willing to pay a premium for these products.
Finally, the increasing awareness of the importance of personal care and hygiene is also driving demand for handmade soap. As consumers become more aware of the potential impact of their choices on their health and the environment, they are seeking out alternatives to conventional soaps and detergents that may be harmful.
Market Dynamics:
In the market dynamics section of the report, the market drivers, restraints, challenges/risks, and upcoming opportunities are all explained in detail. This section can be very interesting to a company's strategists and people in charge of making new products. The global handmade soap market study divides the market into segments and gives the size of the market in terms of sales and/or revenue. This information is broken up by region and then by country. The information is gathered through in-depth interviews with industry experts from all over the world. Samples of our reports show how the method is used in detail. These market estimates are also affected by the latest changes in society, politics, and the economy, as well as by the way the market is moving right now.
Handmade Soap Market Players:
The key players in the global handmade soap market include DHC (JP), Clinique (US), LOCCITANE (FRA), KOSE (JP), Sisley (FRA), Herborist (CN), PrettyValley (CN), WRIOL (FRA), Sulwhasoo (KR), DoraDosun (CN)
Browse and Compare Reports Here -
About Douglas Insights-
Douglas Insights UK limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.
Isabella Hawke
Douglas Insights
+44 7624 248772