Key Market Indicators
Soap sales are predicted to reach $164 million by 2026, a 0.8% year-on-year increase from 2020's $156 million. Market growth has been 3.5% year-on-year. Indonesia, Germany and the United Kingdom are the top three in this ranking. Filipina soap exports are set to fall 0.9% annually to 5.4 million kilograms in 2026 from 5.7 million kilograms in 2021. Since 2001, export supply has decreased 8.6% year-on-year. Filipina soap imports are projected to rise 1.4% annually to 23.4 million kilograms in 2026 from 21.6 million kilograms in 2021. Since 2001, demand has dropped 4.4% year-on-year. The country ranked 16th in 2021, with Belgium overtaking it with 21.6 million kilograms. The United States, Czech Republic and Russia were the top three in this ranking.
Soap Market Data and Forecasts
What is the size of the Soap Market in ?More in Soap Industry in major countries
How much will Soap Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
A major shift in consumer preference is currently being witnessed in the sector of personal care commodities. Increasing eco-consciousness and awareness about the potential negative impacts of synthetic ingredients have fuelled demand for sustainable and natural soaps, bath and shower products. Brands have responded by launching lines aimed to cater...Read more
The market for soaps, bath, and shower products has exhibited steady growth over the past few years, demonstrating resilience even in economic downturns. As a category primarily driven by the consumer's need for hygiene and personal care, it is largely unaffected by seasonal demand fluctuations. Furthermore, as many consumers opt...Read more
Driven by a public demand for increased hygiene and cleanliness, the global soap market has experienced accelerated growth. Soaps infused with natural and organic ingredients have gained increased popularity, reflecting consumers shifting preferences toward health-conscious and eco-friendly items. Technological advancements in production techniques have been instrumental in maintaining robust supply...Read more
From its inception, the soap industry has evolved parallel to advancements in sanitation, personal hygiene awareness, and product innovation. In developed nations, market maturation has led to product diversification, with an extensive range of soaps available to meet diverse consumer needs. Over time, this has demanded more than basic cleansing...Read more
When observing utilization trends in the antibacterial soap sector, one can identify an amplified demand stemming from the public's rising hygiene-consciousness, a factor that has especially been intensified by the Covid-19 pandemic and similar health crises. This, coupled with increasing consumer awareness about the importance of maintaining hand cleanliness to...Read more