Essential Oil Soap Market

Global Essential Oil Soap Market Size (2024 to 2029)

The global essential oil soap market is estimated to be valued at USD 369.1 million by 2029 from USD 247.6 million in 2024, growing at a CAGR of 8.3% from 2024 to 2029.

Soaps are mainly made from a mixture of oils/fats, fragrances (natural, semi-synthetic, or synthetic), and other fillers. Soap is made by three different processes, namely the cold process, the hot process, and the semi-hot process. Essential oil soaps are a blend of organic essential oil, natural fats, and other related compounds. The main types of natural essential oils used in making these soaps include sandalwood oils, khas oils, rose palm oil, ajwain oil, peppermint oil, and lavender oil. Essential oil soap products are sold in supermarkets/hypermarkets, e-commerce channels, retail shops, and drug stores.

Global Essential Oil Soap Market Drivers:

The growing awareness of the healing benefits of essential oils, the growing preference for safe and sustainable personal care products, and the preference for natural, handcrafted, and locally made products are driving the growth of the global essential oil soap market. Peppermint oil is considered one of the most versatile essential oils, as it can be used internally, topically, and aromatically. The main ingredients present in this oil are menthone and menthol. Medical applications of peppermint oil include the treatment of headaches, colds, sinus infections, and muscle pain. Companies in the peppermint oil market can be divided into international and local buyers. Local/national buyers include small pharmaceutical, chemical, flavoring, and food companies. International buyers cover personal health, cosmetics, perfume and fragrance, and aromatherapy industries with a global presence, which is triggering demand for these oils.

the revenue opportunities associated with creating a direct distribution network and increasing revenue through online sales channels are supposed to pave the way for a number of opportunities for major players in the industry. According to the ancient science of Ayurveda, essential oils play an important role in rebalancing our bodily systems. Each plant used to extract essential oils has unique healing benefits. The scientific community is increasingly exploring the use of essential oil soaps to solve various skin problems. In addition, they include properties that provide aroma and relaxation after application. For example, tea tree essential oil soap helps fight acne, body odor, and fungal infections. Plus, rose essential oil soap helps cleanse, purify, and tone the skin. Consumers today are increasingly aware of the health benefits of using herbal extract products. Therefore, due to its healing benefits, the essential oil soap market has gained popularity among consumers all over the world.

Global Essential Oil Soap Market Restraints:

On the other hand, the high price compared to soaps with synthetic ingredients and various cross-border counterfeiting activities hamper growth somewhat. The rapid growth of e-commerce distribution is the main factor responsible for the counterfeiting of cosmetic products. The cosmetics and personal care industry has been hit hard by counterfeiting activities due to the large number of consumers purchasing products through online sales channels. In addition, the essential oil soap market is dominated by local players offering their products in traditional retail packaging. The use of traditional retail packaging materials increases the likelihood of counterfeiting during transportation, as the packaging materials are easy to imitate. To overcome this barrier, companies are investing in packaging for anti-counterfeiting products such as barcodes, RDIF, and others. Furthermore, companies offer their products through genuine online platforms or reputable vendors to prevent cross-border counterfeiting of essential oil soap products.

Impact of COVID-19 on the global essential oil soap market:

The coronavirus pandemic in China started around December 2019 and spread to other nations of the world, leading to a lockdown condition globally to prevent the spread of this virus. Due to the growing number of patients and the increase in deaths in the world, the governments have taken some preventive measures such as the closure of industrial and commercial enterprises, manufacturing units, factories, stores, etc., which hampered production, along with imports and exports. These factors are expected to lead to huge economic losses in different businesses, including the essential oil soap market.

REPORT COVERAGE:

This research report on the Europe essential oil soap market has been segmented and sub-segmented based on product type, distribution channel and region.

Global Essential Oil Soap Market – By Product type:

• Lavender Essential Oil
• Rose Essential Oil
• Tea Tree Essential Oil
• Rosemary Essential Oil
• Peppermint Essential Oil
• Others

Global Essential Oil Soap Market – By Distribution Channel:

• Supermarkets/Hypermarkets
• Retail Stores
• E-Commerce
• Pharmaceutical Stores

Global Essential Oil Soap Market – By Region:

• North America
  • The United States
  • Canada
  • Rest of North America
• Europe
  • The United Kingdom
  • Spain
  • Germany
  • Italy
  • France
  • Rest of Europe
• The Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • New Zealand
  • Southeast Asia
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM
• The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Lebanon
  • Jordan
  • Cyprus

North America and Europe regions are firmly established in the market with a significant revenue share. These regions provide a lucrative growth opportunity for players in the essential oil soaps market due to increased spending on cosmetic and personal care products, increasing the incidence of skin diseases, the damaging side of skincare chemicals on the body, and the introduction of profitable products in the market. Companies operating in the European market largely focus on the high-end category of essential oil soap products and are actively entering the market through traditional channels and e-commerce. Asia Pacific countries also have lucrative revenue opportunities in Essential Oil Soaps market analysis for regional manufacturers. Local companies in these regions compete widely on the basis of a unique product offering in which they position the product based on innovative ingredients and packaging. The Asia Pacific is also expected to provide a strong long-term essential oil soap market growth opportunity for new entrants.

KEY MARKET PLAYERS:

Companies playing a major role in the global essential oil soap market include Kama Ayurveda, Forest Essentials, Edens Garden, Lush, Sunleaf Naturals, LLC., Virginia Aromatics, Wipro Unza Holdings Ltd., Olay, Dove and Enchanteur.