Glycerin soap is a type of solid soap whose main ingredients come from vegetable oils. People refer to glycerin soap as transparent and natural-based soap. Apart from being natural, glycerin soap business has many benefits, hence its capability to maintain a high market demand.
Then how is the global development of glycerin soap? See the following review.
By reading this article, you will get information about market size, the market forecast for glycerin or natural-based and transparent soap, and why you should develop this business. Discuss your questions about creating and marketing beauty soap with us here. Or, click the green button on the right side of the screen to connect directly with our team.
Benefits of Glycerin Soap
Glycerin soap is made from natural plants. Natural-based extracts that are often found in skincare and bodycare are coconut oil, wheat germ oil, and camellia sinensis leaf.
As a natural-based, pure glycerin soap is not mixed with alcohol, fragrance, colorant, or other ingredients that can irritate the skin. This also can relieve the skin problems listed below.
- acne
- eczema
- dry skin
- psoriasis
- rosacea
This type of soap is also suitable for those who have sensitive skin, and are allergic to products that contain animal properties.
Market Forecast
Due to the increased awareness regarding health during the pandemic and environmental issues, many people have started to turn to sustainable products, such as glycerin soap.
This soap can be considered an environmentally friendly product because it’s made from natural-based materials that do not harm the ecosystem, has less packaging, and are safe for the skin. Also, many natural-based products claim that they are cruelty-free in order to maximize their environmentally friendly branding.
Thus, the target market will be more segmented, namely vegans, environmentalists, and those who are more concerned about health. There are 46% who choose to buy eco-friendly products, according to research. This percentage is showing positive growth, especially during the pandemic.
According to the latest research in 2020 from the United States, 73% of consumers were willing to pay more to buy sustainable products, and they were gen Z. This can be the ultimate reason why you need to create your own sustainable products. Since the Gen Z population worldwide is 30%.
The high demand for sustainable products has increased the market prediction value. Glycerin including natural-based and transparent soap, were predicted to reach USD 432 Million by 2027 at 8.2% CAGR.
What to do next?
If you want to create and develop eco-friendly products like your own glycerin soap, you don’t have to spend a lot of money. Working with a contract manufacturer will save you time, effort, and money. There are many contract manufacturing companies out there but Indocare B2B is different.
The advantages of Indocare B2B
- Experts in their fields for more than 20 years
- Factory that has been standardized by the government through Good Manufacturing Practice (GMP) and Good Cosmetics Manufacturing Practices (CPKB)
- Integrated and extensive supplier network
- Scientific research support by professionals
- Have a reputation for commendable business conduct
- Widespread international market including in Malaysia, Singapore, Myanmar, Taiwan, Thailand, Vietnam, Cambodia, etc.
