Scrubbing Clean: Discovering the Benefits of Soap Salts
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-42542 Format: PDF Pages: 325
Report Highlights
According to a research survey conducted by ChemView Consulting, in 2022, the Global Soap Salts Market was worth US $ 2.46 Bn. The market is expected to grow at a CAGR of 3.20% between 2023 and 2033 to hit US$ 3.37 Bn by 2033 end.
Key Market Trends
Natural Soap Salts Gaining Popularity
Consumers are increasingly looking for natural alternatives to traditional soap salts, such as those made from natural ingredients like sea salt, Epsom salt, and essential oils. These natural soap salts are gaining popularity due to their ability to provide a gentle, yet effective cleanse without the use of harsh chemicals.
Eco Friendly Soap Salts on the Rise
Consumers are becoming more conscious of their environmental impact and are looking for ways to reduce their carbon footprint. Eco friendly soap salts are becoming increasingly popular as they are made from natural ingredients and are biodegradable, making them a more sustainable choice. Additionally, these soap salts are often free from harsh chemicals, making them a safer option for both the environment and the user.
Growing Popularity of Liquid Soap Salts
Liquid soap salts are gaining popularity due to their convenience and ease of use. Consumers are also looking for products that are gentle on the skin and can be used for multiple purposes, such as handwashing, body wash, and shampoo.
Market Drivers
Increasing Demand from the Personal Care Industry
The soap salts market is driven by the increasing demand for personal care products, such as soaps, shampoos, and detergents. Soap salts are used as key ingredients in these products to enhance their cleansing, foaming, and emulsifying properties, making them a critical component of the personal care industry.
Growing Demand from the Household and Industrial Cleaning Industry
Soap salts are also used in the household and industrial cleaning industry to manufacture cleaning agents, such as dishwashing liquids, laundry detergents, and surface cleaners. The increasing demand for effective and eco-friendly cleaning products is driving the growth of the soap salts market in this industry.
Segmentation Insights
After conducting an analysis of the Soap Salts Market, we have identified the top three trending segments in the industry. These segments are witnessing significant growth, high demand, and widespread adoption. Here are the top three segments, presented in a professional and attractive manner
Most Popular (Fastest Growth Rate)
Dead Sea Salt (Fine Grain Size)
Dead Sea Salt has emerged as the most popular salt type in the Soap Salts Market due to its mineral rich composition and therapeutic benefits. Its fine grain size makes it the ideal choice for soap makers seeking to infuse their products with the unique properties of Dead Sea Salt, such as its ability to exfoliate, cleanse, and nourish the skin. As consumers become more conscious of the ingredients in their skincare products, Dead Sea Salt is poised to remain a top choice in the market.
Most Selling (Largest Market Share)
Epsom Salt (Crystal Grain Size)
Epsom Salt, also known as magnesium sulfate, is the most selling salt type in the Soap Salts Market. Its crystal grain size makes it ideal for soap makers seeking to add texture and visual appeal to their products, while also offering the benefits of its natural exfoliating and soothing properties. Epsom Salt’s popularity can be attributed to its affordability, versatility, and proven therapeutic benefits, making it a staple ingredient in many soap recipes.
Trending (Gaining Traction)
Pink Himalayan Salt
Coarse Grain Size Pink Himalayan Salt is a trending segment in the Soap Salts Market, thanks to its striking color, unique texture, and purported health benefits. Its coarse grain size makes it ideal for soap makers seeking to create visually stunning products that offer the benefits of Himalayan salt, such as its high mineral content and ability to promote healthy skin. As more consumers seek out natural and organic skincare options, Pink Himalayan Salt is poised to become a popular ingredient in the market.
Regional Insights
Asia-Pacific: Asia-Pacific Soap Salts Market Offers Personalized Soaps for Every Skin Type
Asia-Pacific region is the largest market for soap salts in terms of both production and consumption. Countries such as China, India, Japan, and South Korea are the major players in this region. In addition, the market was also witnessing a trend towards the development of innovative and personalized soap products that cater to specific skin types and preferences, which is expected to further boost the demand for soap salts in the region. In addition, the region’s thriving hospitality and healthcare industries are also driving demand for soap salts.
However, the soap salts market in the Asia-Pacific region is also facing challenges such as the availability of raw materials and the presence of substitutes such as synthetic detergents. The market is also highly fragmented with a large number of small and medium-sized players, which makes it highly competitive. Overall, the soap salts market in the Asia-Pacific region is expected to grow at a healthy pace due to the increasing demand for personal care products, particularly in emerging economies such as India, China, and Southeast Asian countries.
North America: Rising Demand for Natural and Organic Skincare Products Drives Growth in North America Market
The market was primarily driven by the United States, which accounted for the largest share of the soap salts market in North America. The demand for soap salts in the US was fueled by the increasing popularity of natural and organic skincare products and the growing preference for products that are free from harsh chemicals.
Canada was also a significant market for soap salts in North America, driven by the increasing demand for natural and organic skincare products and the growing trend of using eco-friendly and sustainable ingredients in personal care products.
Some of the key players operating in the North American soap salts market include P&G Chemicals, BASF SE, Univar Solutions Inc., Kao Corporation, Evonik Industries AG, Clariant AG, and Stepan Company. These companies were focusing on developing new and innovative soap salt products to meet the changing needs and preferences of consumers.
Europe: European Soap Salts Market Poised for Steady Growth Amid Rising Demand for Sustainable and Natural Personal Care Products
The soap salts market in Europe is growing due to increasing demand for eco-friendly and natural personal care products, especially in countries such as Germany, France, and the United Kingdom. Consumers are increasingly concerned about the use of synthetic chemicals in personal care products and are seeking natural alternatives. The report also notes that the market is highly competitive with the presence of a large number of small and medium-sized enterprises.
Germany, France, and the UK are the major markets for soap salts in Europe. The increasing demand for natural and organic personal care products in these countries is driving the growth of the soap salts market. In addition, the rise of e-commerce platforms is providing new opportunities for soap salt manufacturers to reach consumers directly.
Middle East and Africa: Increasing Focus on Hygiene and Cleanliness Drives Market Expansion in Middle East & Africa
Several countries in the MEA region, including Saudi Arabia, UAE, and Egypt, have witnessed a significant increase in the demand for soap salts due to their widespread use in personal care products such as soaps, shampoos, and body washes. Additionally, the increasing focus on hygiene and cleanliness, especially in the wake of the COVID-19 pandemic, has further boosted the demand for soap salts in the region.
The MEA soap salts market is highly fragmented, with several local and international players operating in the region. Some of the leading companies operating in the market include BASF SE, Clariant AG, Evonik Industries AG, and Solvay S.A. These companies are focused on expanding their product portfolios and increasing their production capacity to meet the growing demand for soap salts in the region.
Overall, the MEA soap salts market is expected to continue to grow at a steady pace in the coming years, driven by the increasing demand for personal care products and the growing focus on hygiene and cleanliness. However, the market may face challenges such as fluctuations in raw material prices, intense competition, and regulatory issues, which could impact its growth trajectory.
Research Scope/Taxonomy
Market Analysis by salt type:
Market Analysis by salt grain size:
Market analysis by Region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & ResearchPurity
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Salt type W.R.T. Salt grain size
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Salt grain size Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Purity Landscape
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Salt type [Value (US$ Mn) and Volume (Tons) Analysis]
10.2.1. Dead Sea salt
10.2.2. Epsom salt
10.2.3. Sea salt
10.2.4. Pink Himalayan salt
10.2.5. Dendritic salt
10.3. Market Attractiveness Analysis by Salt type
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Salt grain size [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Fine
11.2.2. Coarse
11.2.3. Crystal
11.2.4. Chunk
11.3. Market Attractiveness Analysis by Salt grain size
12.1. Introduction
12.2. Key Market Trends
12.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia-Pacific
12.3.5. Middle East
12.3.6. Africa
12.4. Market Attractiveness Analysis by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. By Country
13.3.1.1. U.S.
13.3.1.2. Canada
13.3.2. By Salt type
13.3.3. By Salt grain size
13.3.4. By End-Use
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Salt type
13.4.3. By Salt grain size
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Rest of Latin America
14.3.2. By Salt type
14.3.3. By Salt grain size
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Salt type
14.4.3. By Salt grain size
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. Italy
15.3.1.3. France
15.3.1.4. UK
15.3.1.5. Spain
15.3.1.6. Netherlands
15.3.1.7. Norway
15.3.1.8. Russia
15.3.1.9. Rest of Europe
15.3.2. By Salt type
15.3.3. By Salt grain size
15.4. Market Attractiveness Analysis
15.4.1. By Salt type
15.4.2. By Salt type
15.4.3. By Salt grain size
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. China
16.3.1.2. Japan
16.3.1.3. South Korea
16.3.1.4. India
16.3.1.5. Indonesia
16.3.1.6. Thailand
16.3.1.7. Vietnam
16.3.1.8. Australia & New Zealand
16.3.1.9. Rest of Asia-Pacific
16.3.2. By Salt type
16.3.3. By Salt grain size
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Salt type
16.4.3. By Salt grain size
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.4.1. By Country
17.4.1.1. Saudi Arabia
17.4.1.2. Turkey
17.4.1.3. U.A.E.
17.4.1.4. Rest of the Middle East
17.4.2. By Salt type
17.4.3. By Salt grain size
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Salt type
17.5.3. By Salt grain size
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. South Africa
18.4.1.2. Nigeria
18.4.1.3. Egypt
18.4.1.4. Rest of Africa
18.4.2. By Salt type
18.4.3. By Salt grain size
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Salt type
18.5.3. By Salt grain size
19.1. Tier Structure Breakdown
19.2. Market Share Analysis
19.3. ion Capacity Analysis
19.4. Company Footprint Analysis
19.4.1. Footprint of Players
19.4.2. Regional Footprint of Players
19.4.3. Channel Footprint of Players
19.5. Brand Preference Analysis
19.6. Competition Dashboard
20.1. Evolution Salt.
20.1.1. Company Overview
20.1.2. & Financial Portfolio
20.1.3. Manufacturing Facilities
20.1.4. Recent Developments
20.1.5. SWOT Analysis
20.1.6. Strategy Overview
20.2. SaltWorks
20.3. Ittefaq Salt
20.4. HimalaSalt
20.5. RM Salt
20.6. Dadakarides Salt SA
20.7. Meodity
20.8. CFL-Chemische Fabrik Lehrte.