Consumer Goods & Retail

Global Soap Shampoo Bar Market

January 17, 2020
ID: SR/CG-08
Format:Pdf
Pages:220

Global Soap Shampoo Bar Market by Hair Type (Dry, Normal, Oily, Fine, Curly, Wavy, Textured, Color & Chemical Treated and Others), By Shampoo Category (Dandruff, Volumizing, Shine Enhancing, Curl Enhancing, Damaged, Color Enhancing and Frizz), By Distribution Channel (Offline(Convenience Stores, Hypermarkets/Supermarkets, Beauty Stores and Others)and Online Retail), By Gender (Men and Women) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)

Description

Global Soap Shampoo Bar Market Overview:

The global soap shampoo bar market was valued at USD 30.88 billion, and it is expected to reach USD 39.59 billion with a CAGR of 3.7 % during the forecast period of 2022-2028.

Shampoo bars are natural conditioning shampoos in a solid bar form. These shampoo bars contain no artificial fragrance, color, preservatives, detergents, alcohol, urea, formaldehyde, sodium lauryl sulfate, DEA, propylene glycol, or any of the other synthetic hair care essences. Hair Cleansing Bars or Shampoo Bars made using supercritical extracts of the herbs. These supercritical extracts have a high concentration of plant nutrients, is absorbed quickly & provides deep nourishment.

Global Soap Shampoo Bar Market Insights

Global Soap Shampoo Bar Market anticipated swelling with a noteworthy rate, in value terms, over the forecast period 2020-2027. The rising consumer awareness regarding personal hygiene and safety from harmful chemicals such as parabens and aluminum salts will propel the global soap shampoo bar market in the upcoming periods. Additionally, the surge in consumer consumption habits and an increase in income levels expected to foster the global soap shampoo bar market in the estimated period. Nowadays, with the continuous improvement of the economic scale, people have begun to pursue a high-quality life. According to the World Bank, global economic growth projected at 2.5% in 2020. Additionally, if per capita incomes across low and middle-income countries rise at 3.3% a year, the average income in these countries estimates to be $6,300 by 2050.

Furthermore, with the development of the global economy and the development of the rural market, there is an expected robust growth in the global soap shampoo market during the forecast period. Furthermore, the changing consumer preferences for organic ingredient products owing to their benefits, such as dandruff protection and hair fall control, are vital factors estimated to boom the global market growth for bar shampoo in the projected period. Further, with the development of technology and the growth of the Internet, cross-border e-commerce, coupled with the ability to buy products & services, will boom the market trends for bar shampoo in the future period.

Growth Driver

Rising consumer awareness regarding personal hygiene and safety from harmful chemicals

The growing awareness regarding the benefits of natural shampoos, such as non-toxic and environmentally friendly, will robust the global soap shampoo market. According to WHO, hair loss affects nearly 2% of the general population at some point during their lifetime. The male pattern hair loss or Androgenic Alopecia is the most prevalent type of hair loss in men. It affects 30 to 50% of men by the age of 50 years.

The rapid pace of urbanization

The massive growth of urbanization and the surge in disposable income across the globe is likely to foster the global soap shampoo bar market. According to the World Bank, in 2050, more than 65% of the population will live in urban areas. Unless current trends reversed, the number of slum dwellers lacking tenure security and access to services, currently estimated at 934 million, will double to 2 billion. Additionally, the steady growth of organized retail and e-commerce in developing countries is also creating a demand for an organic shampoo bar.

Hair Type Segmental Analysis

Based on hair type, the global Soap Shampoo Bar Market categorized Dry, Normal, Oily, Fine, Curly, Wavy, Textured, Color & Chemical Treated, and Others. The Color & Chemical Treated segment projected to generate maximum revenue by 2027. It is owing to the requirement of color & chemical treated hair as such hair needs efficient moisture retention, reducing irritation, and retainment of hair color.

The oily segment will drive its benefits, such as it helps hair retain more moisture helping to prevent split ends.

Shampoo Category Segmental Analysis

Based on the shampoo category, the Global Soap Shampoo Bar Market classified into Dandruff, Volumizing, Shine Enhancing, Curl Enhancing, Damaged, Color Enhancing, and Frizz. The Damaged segment estimated to dominate due to the features of the shampoo bars under this category, such as it promotes healthy hair and scalp to moisturize and condition without heaviness/residue. It contains unique raw, unpasteurized leatherwood honey, certified organic olive oil, coconut oil, raw castor oil, etc.

Dandruff segment will grow based on benefits provided by this category of shampoo bars, such as encourages healthy hair growth, balance the pH of hair and scalp, and stimulating better circulation to the hair follicles.

Distribution Channel Segmental Analysis

Based on the distribution channel, the Global Soap Shampoo Bar Market segregated into Offline (Convenience Stores, Hypermarkets/Supermarkets, Beauty Stores, and Others) and Online Retail. The offline segment projected to lead on account of easy accessibility and availability of a wide range of products at convenience and beauty stores.

The online segment will boom by the rise in the number of internet penetration across the globe, along with growth in the e-commerce industry.

Gender Segmental Analysis

Based on Gender, the Global Soap Shampoo Bar Market bifurcated into Men and Women. The Women segment prophesied to lead due to a rising number of working women across the globe, along with the rise in the income levels of working women.

Men segment will bolster by the rising awareness for organic shampoo for personal hygiene and safety from harmful chemicals.

Region Segmental Analysis

Based on geography, the global soap shampoo bar market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific estimated to occupy the lion’s market share by 2027 owing to the presence of a large number of domestic as well as foreign players. Furthermore, the considerable growth in urbanization along with growing economies in these regions.

North America will boom by rising awareness regarding the advantages of using organic products.

Competitor Analysis

Companies such as Lush Retail Ltd., J R Liggett Ltd Inc., Beauty, and the Bees Pty Ltd., Plaine Products, Oregon Soap Company, Osmia Organics, LLC, The Refill Shoppe, Rocky Mountain Soap Company Inc., BIOME LIVING PTY. LTD. and Ethique Beauty Ltd. are the key players in the Global Soap Shampoo Bar Market.

Key Stakeholders

Market research and consulting firms
Industry associations
Global Soap Shampoo Bar Manufacturing Companies
Research organizations and consulting companies
Organizations, associations, and alliances related to Soap Shampoo Bar
Regulatory bodies
Suppliers
Retailers

The objective of the Research

Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Recent Development

In January 2020, Garnier Fructis, a brand of L’Oreal, launched ‘Treat Shampoo & Conditioner’ products that are vegan and formulated with 98% naturally derived ingredients.
In March 2021, Dabur India launched a more premium variant of its Vatika Shampoo to meet urban shoppers’ demands. The new products are made from various ingredients such as coconut Milk Extract, Moroccan argan oil, red onion black seed oil, and apple cider vinegar.
In April 2014, the European Commission amended Annex II of the EU cosmetic regulation by forbidding five types of parabens in cosmetic products, including isopropyl paraben, isobutyl paraben phenylparaben, benzyl paraben, and pentylparaben. These stringent government policies are expected to hold up the utility of shampoo bars in the foreseeable future.

Scope of the Report

Report Attribute	Details
Market Size Value in 2021	USD 30.88 billion
The revenue forecast in 2028	USD 39.59 billion
Growth Rate	CAGR of 3.7 % from 2022 to 2028.
Historical data	2017 – 2020
Forecast period	2022 – 2028
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	The Companies include Lush Retail Ltd., JR Liggett Ltd Inc., Plaine Products, Oregon Soap Company, Osmia Organics, LLC, The Refill Shoppe, Rocky Mountain Soap Company Inc., BIOME LIVING PTY. LTD. And Ethique Beauty Ltd. is the key player.

Market Modelling

By Hair Type

By Shampoo Category

By Distribution Channel

Offline
- Convenience Stores
- Hypermarkets/Supermarkets
- Beauty Stores
- Others
Online

By Gender

Men
Women

By Region

North America
Europe
Asia Pacific
South America
Middle East & Africa

Table Of Contents

Methodology

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Frequently Asked Questions (FAQ):

What is a soap shampoo bar?

Shampoo bars are natural conditioning shampoos in a solid bar form. These shampoo bars contain no artificial fragrances, color, preservatives, detergents, alcohol, urea, formaldehyde, sodium lauryl, DEA, propylene glycol, or any other synthetic hair care essences.

What are the growth drivers of the soap shampoo bar market?

The rising consumer awareness regarding personal hygiene and safety from harmful chemicals and the rapid pace of urbanization are the growth drivers of the global soap shampoo bar market.

Which market dynamics affect the soap shampoo bar market?

The high concentration of cleansers and the online and offline distribution channels are creating barriers to the soap shampoo bar market in the manner of customer purchasing power.

Is the soap shampoo bar market Is futuristic?

Yes, as the shampoo bar is growing and people are gaining awareness about personal hygiene, this is the main key to the future of the soap shampoo bar market.

Which region is expected to have the largest share in the global soap shampoo bar market?

North America is expected to have the largest share in the global soap shampoo bar market.

What is the growth rate of the global soap shampoo bar market during the forecast period 2022-2028?

The global soap shampoo bar market was valued at USD 30.88 billion, and it is expected to reach USD 39.59 billion with a CAGR of 3.7 %during the forecast period of 2022-2028.

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