Soap noodles are key ingredient to manufacture soap bars. These are the sodium salt of fatty acids obtained from animal fats or vegetable oils. Its key functional attributes include high quality, detergency, ease of application and biodegradability extends in usage in various application including liquid soaps, toilet soaps, personal hygiene, laundry and multipurpose soap application. Expanding laundry industry along with development of commercial laundry centres will enhance industry growth. In addition growth hospitality industry which is particular about bathroom aesthetics has boosted use of a wide range of soaps which will further escalate market growth.
Soap Noodles Market Outlook
Rapid expansion of retail as well as online sales channels making soaps and detergents easily available supported by availability of large number of product variety according to consumer preferences will escalate industry growth. Increase in lucrative marketing strategies along with development of multifunctional products will boost soaps demand, thus driving soap noodles market size. Shifting consumer trends towards multipurpose soaps such as herbal soaps and aromatherapy soaps owing to rise in consumer spending on hygiene products will further accelerate industry growth.
Soap Noodles Market Segmental Overview
The report analyses the global soap noodles market based on source, process application and geography
Soap Noodles by Source
Various source studied are segmented into vegetable oil, tallow. Abundant availability of vegetable oil owing to growth in agriculture yields is likely to stimulate demand for vegetable oil as a potential source for soap noodles production.
Soap Noodles by Process
The market is segmented in process as saponification and fatty acid route. Saponification process accounts for large share and dominates the process segment in soap noodles market. This process is highly preferred over fatty acid route owing to cost effectiveness and ease of operation along with good perfume retention through combination of oils.
Soap Noodles by Application
Furthermore, the major application considered in the study is personal hygiene soap, laundry soap, and multipurpose soap. Personal hygiene soap accounts for high demand and dominates the soap noodles market. Rising prevalence of disease owing to lack of personal hygiene mainly in rural areas will boost demand for personal hygiene soaps. Presence of companies developing soaps with additional functions such as perfumes, skin softness and moisturising characteristics is likely to enhance personal hygiene soap demand, thus driving industry growth.
Soap Noodles by Geography
The global soap noodles market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is a lucrative region for soap noodles market and observes fastest growth over the foreseeable timeframe. Rapid urbanisation mainly in India and China has led to growing awareness in rural areas regarding hygiene and cleanliness has led to increase in demand for cleaning products which will have positive impact on product demand. Moreover, high availability of vegetable oil as a key raw material supported by increase in palm oil manufacturing in this region will further accelerate product demand.
Soap Noodles Market Competitor Analysis
The key players in the sodium hydrosulphide market include IoI Oleochemicals, Wilmar International, KLK Oleo., Musim Mas Hodling Pte, Jocil Limited, EVYAP-OLEO, OLIVIA IMPEX PRIVATE LIMITED, John Drury & Co Ltd and M Bedforth & Sons, Timur olechemicals Malaysia, Raj Industries, Goorej, Kurnia Sari Utama, Levant soap, RUBIA INDUSTRIES LIMITED
The report analyses the global soap noodles market based on source, process application and geography. Various source studied are segmented into vegetable oil, tallow. The market is segmented in process as saponification and fatty acid route. Furthermore, the major application considered in the study is personal hygiene soap, laundry soap and multipurpose soap.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
Why to buy this report:
- The report offers changing market dynamics in the soap noodles market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of soap noodles
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the soap noodles market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of soap noodles market
