PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1618186
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1618186
Soap Noodles Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Soap Noodles Market was valued at USD 1.1 billion in 2023 and is anticipated to grow at a CAGR of 3.1% from 2024 to 2032. The increasing use of vegetable oils in soap noodle production is a key growth driver, thanks to their natural properties that provide enhanced moisturizing and gentleness compared to animal fats. Oils like palm, coconut, and olive oil are favored for their fatty acid content, which boosts the lathering and cleansing performance of soaps. Soap noodles based on vegetable oil are also more environmentally friendly and biodegradable, aligning with the rising consumer preference for sustainable personal care products. This shift towards eco-friendly ingredients reflects a growing trend in the industry, driven by the demand for natural and plant-based products.
Sunflower seed oil, rich in linoleic acid and Vitamin E, has also gained popularity due to its skin-nourishing properties, contributing to the market's growth. The market is segmented by source into vegetable oil and tallow. In 2023, vegetable oil soap noodles dominated the market, with a value of USD 600 million, and are expected to reach USD 700 million by 2032. Their dominance is due to their superior moisturizing properties, biodegradability, and mildness, making them ideal for both personal care and industrial applications. The preference for vegetable oil soap noodles is closely linked to the global shift toward natural and eco-friendly ingredients in personal care products.
By process, Saponification accounted for 52% of the market share in 2023 and is expected to continue its growth through 2032. This process is widely used because it efficiently converts fats and oils into soap, making high-quality soap noodles with excellent cleansing abilities. The flexibility of the saponification process, which can accommodate various oils and fats, further drives its popularity. Regionally, Europe led the soap noodles market in 2023, generating USD 200 million in revenue. The region's strong demand for premium personal care products, coupled with an emphasis on sustainability, has driven the market growth.European consumers are increasingly focused on natural ingredients and eco-friendly formulations, which has led manufacturers to favor vegetable oil-based soap noodles. Additionally, strict regulations concerning product safety and environmental standards have encouraged cleaner production practices in the region.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $1.1 billion |
| Forecast Value | $1.4 billion |
| CAGR | 3.1% |
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.3.3 Sustainability in raw materials
- 3.3.4 Raw material pricing trends (USD/Ton)
- 3.3.4.1 North America
- 3.3.4.2 Europe
- 3.3.4.3 Asia Pacific
- 3.3.4.4 Middle East and Africa
- 3.3.4.5 Latin America
- 3.4 Regulations & market impact
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Source, 2021-2032 (USD Billion, Kilo Tons)
- 5.1 Key trends
- 5.2 Vegetable oil
- 5.3 Tallow
Chapter 6 Market Size and Forecast, By Process, 2021-2032 (USD Billion, Kilo Tons)
- 6.1 Key trends
- 6.2 Saponification
- 6.3 Fatty acid
Chapter 7 Market Size and Forecast, By Application 2021-2032 (USD Billion, Kilo Tons)
- 7.1 Key trends
- 7.2 Personal hygiene soap
- 7.3 Laundry soap
- 7.4 Multi-purpose soap
- 7.5 Others
Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 EVYAP-OLEO
- 9.2 Ioi Oleochemicals
- 9.3 Jocil Limited
- 9.4 John Drury & Co Ltd and M Bedforth & Sons
- 9.5 KLK Oleo
- 9.6 Musim Mas Hodling Pte
- 9.7 Olivia Impex Private Limited
- 9.8 Rubia Industries Limited
- 9.9 Timur Oleochemicals Malaysia
- 9.10 Wilmar International
