Global Facial Soap Bar Market Overview:
Being doubtful about the benefits caused by soap is very genuine. In reality, the bar soaps are just as good as or better than any average liquid face or body wash. This is due to the fact that soap has always had a reputation for blocking the pores and also stripping the skin of its oils, but however at present, a new generation of facial soap bars is shifting the game. In place of containing any sort of actual “soap” that is usually made out of a mixture of fats and oils, these facial soap bars use the synthetic materials for breaking down the dirt. The new and improved formula also contains some other ingredients for the purpose of some added skincare benefits, like the anti-aging exfoliating acids as well as some soothing essential oils. Today's facial soap bars are made up of some very gentle cleansing agents and also active ingredients so as to cater to every kind of skin type and skin-related concerns which include dry, sensitive, oily, and acne-prone.
As per latest study released by AMA Research, the Global Facial Soap Bar market is expected to see growth rate of 5.1%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Interest in Youth Regarding the Trend of Usage of Natural and Organic Materials for Skin Care, Increase in the Research and Development towards the Modernization of Facial Soap Bar to Address Skin Related Problems and Focus on Development of Customized Professional Facial Soap Bars
Market Growth Drivers:
Growing Focus of Increasing Population on the Benefits of Facial Soap Bar and Physical Appearance, The Increasing Skin Problems Due to Rising Air Pollution and Artificial Products and Changing lifestyles and Standards Fuelled by Rising Disposable Income
Challenges:
High Cost of Premium Facial Soap Bar and Rising Awareness among Consumers Regarding the Use of Hazardous Chemicals in Soap
Restraints:
Adverse Effect on Skin with the Use of Facial Soap Bar and Increasing Availability of Artificial Products
Opportunities:
Rising Focus on Price Reduction through New Product Inventions and Increase in the Demand for Facial Soap Bar with Natural & Organic Ingredients
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Estee Lauder Companies (United States), Johnson & Johnson (United States), Unilever (United Kingdom), Galderma S.A. (Switzerland), Fresh (United States), Ethique (New Zealand), Cetaphil (Canada), Herbacin cosmetic GmbH (Germany), The Native Guy (United States) and Speick (Germany). Additionally, following companies can also be profiled that are part of our coverage like Alkemilla Eco Bio Cosmetic s.r.l. (Italy), Herbivore Botanicals (United States) and Drunk Elephant (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Facial Soap Bar market by 2030. Considering Market by Nature, the sub-segment i.e. Organic will boost the Facial Soap Bar market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Facial Soap Bar market. Considering Market by End-User, the sub-segment i.e. Men will boost the Facial Soap Bar market.
Latest Market Insights:
In April 2023, Indie beauty brand "Kismet Apothecary" acquires natural facial soap bar company "Willow Valley Suds." The move expands Kismet's product line and taps into the growing market for sustainable, handcrafted skincare.
In September 2023, Unilever announces plans to merge its "Dove" soap bar business with the artisanal facial soap brand "Earthly Elements." This aims to bridge the gap between mass-market and luxury skincare while leveraging Dove's distribution channels.
According to Indian Standards 30 cosmetics are listed in Schedule ‘S’ of the Drugs and Cosmetics Rules. Cosmetics Sectional Committee has published two Indian Standards for raw materials/ingredients for use in cosmetics, namely, IS 4707 (Part 1): 2017 Classification for cosmetic raw materials and adjuncts: Part 1 Colorants and 4707 (Part 2): 2017 Classification for cosmetic raw materials and adjuncts: Part 2 List of raw materials generally not recognized as safe for use in cosmetics which are widely used by Central Drugs Standard Control Organization (CDSCO) and Food and Drug Administration’s (FDA). Moreover, IS 4707 (Part 1) is referred to in the Drugs and Cosmetics Rules, 1945 for colorants to be used in cosmetics.
What Can be Explored with the Facial Soap Bar Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Facial Soap Bar Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Facial Soap Bar
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Facial Soap Bar market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Facial Soap Bar market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Facial Soap Bar, Suppliers and Distributors of Facial Soap Bar, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.