According to Netscribes, the market for soaps in India will grow at a CAGR of 5.5% during the period of FY 2016 to FY 2022. Soap is a product that has the highest market penetration in India, covering more than 80% of the country's urban as well as rural households.
During FY 2016, beauty soap segment had the largest share with 50%, followed by health soap segment with 28.6%. UAE, Nepal and USA are the top three countries that imported Indian soaps.
Soap Market in India - Key Growth Factors
Increasing purchasing power and premiumisation of soaps has created a growing need for premium, feature-rich products, such as herbal soaps. The Indian government's Swachh Bharat mission has further boosted growth in the soap market.
Soap Market in India - Threats and Key Players
Demonetization in November 2016 had a negative impact on the soap market. Due to lack of currency notes being circulated, many soap manufacturers in India had to reduce their production by nearly 20%. However, the implementation of GST is expected to bring some relief through lowered duty.
Presence of chemicals and other toxic elements in soaps can damage skin texture or trigger allergies, in some people, which can hamper the growth of the market.
Some of the best-selling soap brands include Santoor, Lux, Godrej no.1, Cinthol, and Lifebuoy. Despite the challenges in the industry, the market is expected to exhibit strong growth and more companies are expected to foray into the soap segment.
What's covered in the report?
Overview of the soap market, and historical and forecasted market size data over FY 2015 to FY 2022
Trade analysis of soaps in India
Qualitative analysis of the major drivers and challenges affecting the soap market
Analysis of the competitive landscape and profiles of major public and private players operating in the market
Key recent developments in the Indian Soap Market
Why buy?
Get a broad understanding of the soap market in India, the dynamics of the market and the current state of the industry
Devise market-entry strategies by understanding the factors driving the growth of the market
Recognize major competitors' business and market dynamics, and respond accordingly
Slide 1: Executive Summary
Socioeconomic Indicators
Slide 2: Total Population (2010-2011 - 2019-2020), Population Density (2010-2011 - 2019-2020)
Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 - 2019-2020)
Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020)
Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011)
Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014)
Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015)
Market Overview
Slide 8: Market Definition & Structure
Slide 9: Soap Market in India - Market Overview, Size and Growth (FY 2015 - FY 2022e)
Slide 10: Market Segmentation - Product-Wise Segmentation (FY 2013, FY 2014 and FY 2015)
Slide 11: Market Segmentation - Category-Wise Segmentation (FY 2014 and FY 2016)
Slide 12: Porter's Five Forces Analysis
Trade Analysis
Slide 13: Export of Soap and Organic Surface Active Products etc. for Toilet Use (Including Medicated Products) - Size (Value-Wise; FY 2013 - FY 2017 (Apr-Feb)) and (Volume-wise; FY 2013 - FY 2017 (Apr-Feb))
Slide 14: Export of Soap and Organic Surface Active Products etc. for Toilet Use (Including Medicated Products) - Country-Wise Segmentation (Value-Wise; FY 2016 and FY 2017 (Apr-Feb)) and (Volume-Wise; FY 2016 and FY 2017 (Apr-Feb))
Slide 15: Import of Soap and Organic Surface Active Products etc. for Toilet Use (Including Medicated Products) - Size (Value-Wise; FY 2013 - FY 2017 (Apr-Feb)) and (Volume-wise; FY 2013 - FY 2017 (Apr-Feb))
Slide 16: Import of Soap and Organic Surface Active Products etc. for Toilet Use (Including Medicated Products) - Country-Wise Segmentation (Value-Wise; FY 2016 and FY 2017(Apr-Feb)) and (Volume-Wise; FY 2016 and FY 2017 (Apr-Feb))
Market Influencers
Slide 17-18: Market Drivers
Slide 19: Market Challenges
Competitive Landscape
Slide 20: List of Major Players
Slide 21-43: Profiles of Major Players
Recent Developments
Slide 44: Key Recent Developments
Appendix
Slide 45: Research Methodology
Bar soap effectively removes dirt, oils, and impurities from the skin, helping to keep the body clean and refreshed. Some bar soaps contain moisturizing ingredients, such as glycerin or shea butter, which can help hydrate the skin while cleansing, leaving it feeling soft and smooth. The global bar s...
The global Hand Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field eval...
The global Antibacterial Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this f...
The global Hand Soap in B2B market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this fie...
The global Hand Soap in Retail market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Soap, Hand Wash and Shower Jell market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market play...
The global Hand Wash and Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this f...
The global Organic Liquid Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Herbal Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field ev...
The global Potassium Cocoate Soap market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in th...