World News: 09:15 GMT Wednesday 15th May 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, May 15, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.The organic soap market will register a CAGR of almost 8% by 2023. The availability of organic soaps in a wide range of natural fragrances is one of the key factors expected to propel the market growth during the forecast period.Ingredients used in organic soaps are often derived from plants and minerals resulting in a variety of natural fragrances including grapefruit, oatmeal lavender, rosemary herb, sandalwood, mint, and others. The consumer base adopting organic soaps has expanded rapidly as these natural fragrances often do not cause side effects and allow the users to remain fresh. This will further lead the organic soap market to witness considerable growth in the upcoming years.One of the growth drivers of the global organic soap market is the growing awareness of harmful effects of synthetic soaps and benefits associated with organic soaps. Many people have switched over to organic soaps that are free of chemicals.One of the challenges in the growth of the global organic soap market is the shorter shelf life of organic soaps than synthetic soaps. Organic soaps are made using raw materials that are all sourced from nature and have a limited shelf life compared to their inorganic counterparts.The market appears to be fragmented with the presence of several market players. The growing environmental concerns among consumers, manufacturers have started using ingredients in BPC products, including organic soaps, that are sourced ethically without the use of pesticides and other chemicals.This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
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Related Topics: Soap, Bath and Shower Products
Globe Newswire: 09:15 GMT Wednesday 15th May 2019
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