Latin America Bar Soap Market Size & Outlook, 2022-2030
Related Markets
Latin America bar soap market highlights
- The Latin America bar soap market generated a revenue of USD 2,522.6 million in 2022.
- The market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating type in 2022.
- Organic is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 2,522.6 million |
| Market revenue in 2030 | USD 3,570.0 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Organic |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Synthetic |
| Key market players worldwide | Unilever PLC, Natura &Co Holding SA ADR, Johnson & Johnson, Colgate-Palmolive Co, Lush Retail Environments, Ethique, Chagrin Valley Soap & Salve, Galderma, Dr. Bronner's |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.4% of the global bar soap market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,427.6 million by 2030.
Synthetic was the largest segment with a revenue share of 92.29% in 2022. Horizon Databook has segmented the Latin America bar soap market based on organic, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
Bar soap's popularity in Central and South America can be attributed to multiple factors. The region's warm climate and tropical conditions lead to a greater need for regular hygiene, making bar soap a practical choice. Additionally, its affordability and widespread availability compared to liquid soap options makes it a preferred option for many consumers.
The region's demand for all-natural, safe, and clean formulations in products and soaps is driven by consumers' growing awareness and preference for eco-friendly and health-conscious options. They seek products that align with their desire for sustainable and responsible choices, promoting a healthier lifestyle and supporting the environment.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bar Soap Market Scope
Bar Soap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dr. Bronner's | View profile | 11-50 | Escondido, California, United States, North America | https://www.drbronner.com |
| Galderma | View profile | 10001+ | Lausanne, Vaud, Switzerland, Europe | http://www.galderma.com |
| Chagrin Valley Soap & Salve | View profile | 1-10 | Cleveland, Ohio, United States, North America | https://www.chagrinvalleysoapandsalve.com |
| Ethique | View profile | 1-10 | Christchurch, Canterbury, New Zealand, Oceania | https://ethique.com |
| Lush Retail Environments | View profile | 11-50 | San Diego, California, United States, North America | https://lushretail.com |
| Natura &Co Holding SA ADR | View profile | 19955 | Avenida Alexandre Colares, No. 1188, Sala A17-Bloco A, Parque Anhanguera, Sao Paulo, SP, Brazil, 05106-000 | https://ri.naturaeco.com |
| Colgate-Palmolive Co | View profile | 34000 | 300 Park Avenue, New York, NY, United States, 10022 | https://www.colgatepalmolive.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Latin America bar soap market size, by country, 2017-2030 (US$M)
Latin America Bar Soap Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
