Essential Oil Soap Market by Product Types (Lavender, Rose, Tea Tree, Rosemary, and Peppermint), End-users (Personal Care, Spa & Massage Centers, Wellness Centers, and Hotels & Restaurants), Distribution Channels (Supermarket & Hypermarket, Pharmaceutical Stores, Specialty Stores, and E-commerce Stores), Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The Global Essential Oil Soap Market size was valued at USD 8.5 Billion in 2022 and is expected to surpass USD 22.64 Billion by 2031, expanding at a CAGR of 11.5% during the forecast period, 2023 – 2031. Essential oil soaps are fragrance soap that give the body a pleasant aroma. Soaps are made by a mixture of fats, oils, fragrance, and few essential chemicals. The fragrance found in these soaps can be natural, synthetic, or semi synthetic. These soaps are usually manufactured using processes such as cold process, hot process, and semi hot process.
Essential oil soaps come in a wide variety of shapes and sizes. The ancient science of Ayurveda suggests that essential oils play an important role in balancing and configuring our bodily systems. Every type of essential oil used in these soaps is extracted from plants that have unique healing benefits. The use of essential oil soap is claimed to cure many skin diseases and provide long lasting aroma and relaxation upon application. Different essential oils such as tea tree oil combats acne and fungal infections and rose oil helps purify and tone the skin. Essential oil products have become a symbol of class and status in the society.
Market Trends, Drivers, Restraints, and Opportunities:
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Growing awareness about the healing and various health benefits of essential oils soap is a major driver responsible for market growth.
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Using essential oil products have become a matter of status symbol due to changing lifestyle and rising number of consumers focusing on skin care. This is expected to drive the market in the coming years.
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High price of the soap and the issue of counterfeiting soaps are key restraining factors hampering the market growth.
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Emergence of several e-commerce distribution channels have opened the market to a large customer base, ultimately contributing towards market growth.
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Easy entry and low capital along with relatively low production cost has encouraged many players to enter the market, which in turn, offering immense growth opportunities of the market.
Scope of Essential Oil Soap Market Report
The report on the global essential oil soap market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Essential Oil Soap Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Product Types (Lavender, Rose, Tea Tree, Rosemary, and Peppermint), End-users (Personal Care, Spa & Massage Centers, Wellness Centers, and Hotels & Restaurants), Distribution Channels (Supermarket & Hypermarket, Pharmaceutical Stores, Specialty Stores, and E-commerce Stores) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Edens Garden; Lush; and Enchanteur |
Essential Oil Soap Market Segment Insights
Lavender segment to hold large market share
In terms of product types, the essential oil market is segmented into lavender, rose, tea tree, rosemary, and peppermint. The lavender segment is expected to hold a large market share during the forecast period owing to the appealing fragrance and healing properties of the products. The wide availability of this flavor on soap products is an additional factor contributing towards growth of the segment.
Personal care segment to expand at a significant growth rate
Based on end-users, the market is categorized as personal care, spa & massage centers, wellness centers, and hotels & restaurants. The personal care segment is anticipated to expand at a significant growth rate during the projected period. Rising awareness about the healing benefits of essential oils and the demand for organic and handcrafted chemical free products are the main factors driving the segment growth. People are engaging more in self-care activities in recent years, which acts as a key driver of the segment. Moreover, the increasing disposable income and changing lifestyles are other major factors expected to drive the segment in the coming years.
Discounted prices and delivery service facility drive e-commerce stores segment
On the basis of distribution channels, the essential oil soap market is divided into supermarket & hypermarket, pharmaceutical stores, specialty stores, and e-commerce stores. The e-commerce stores segment is projected to grow at a substantial CAGR during the forecast period due to availability of wide range of products option along with lower rates and delivery services of the products. The emergence of e-commerce has enabled many local and small scale sellers and manufacturers to showcase their product worldwide and grow their business, which is in turn, fueling the segment growth.
North America to account for a major market share
On the basis of regions, the market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to account for a major market share during the forecast period owing to the high disposable income and overall lifestyle of the consumer base in this region. Moreover, rising awareness and movement towards organic and natural products is driving the market in the region.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Essential Oil Soap Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Essential Oil Soap Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Essential Oil Soap Market - Supply Chain
4.5. Global Essential Oil Soap Market Forecast
4.5.1. Essential Oil Soap Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Essential Oil Soap Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Essential Oil Soap Market Absolute $ Opportunity
5. Global Essential Oil Soap Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Essential Oil Soap Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Essential Oil Soap Demand Share Forecast, 2019-2026
6. North America Essential Oil Soap Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Essential Oil Soap Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Essential Oil Soap Demand Share Forecast, 2019-2026
7. Latin America Essential Oil Soap Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Essential Oil Soap Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Essential Oil Soap Demand Share Forecast, 2019-2026
8. Europe Essential Oil Soap Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Essential Oil Soap Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Essential Oil Soap Demand Share Forecast, 2019-2026
9. Asia Pacific Essential Oil Soap Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Essential Oil Soap Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Essential Oil Soap Demand Share Forecast, 2019-2026
10. Middle East & Africa Essential Oil Soap Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Essential Oil Soap Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Essential Oil Soap Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Essential Oil Soap Market: Market Share Analysis
11.2. Essential Oil Soap Distributors and Customers
11.3. Essential Oil Soap Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Ayurveda
11.4.2. Forest essentials
11.4.3. Edens Garden
11.4.4. Lush
11.4.5. Enchanteur