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Soap Noodles Market Share

  • Report ID: GMI3366
  • Published Date: May 2019
  • Report Format: PDF

Soap Noodles Market Share

Soap noodles market is highly diversified with a presence of large number of small and large scale manufacturers across the globe. The proficient manufacturers operating in the market includes

  • Ioi Oleochemicals
  • Wilmar International
  • Jocil Limited
  • KLK Oleo
  • Timur Oleochemicals Malaysia
  • Musim Mas Hodling Pte
  • John Drury & Co Ltd and M Bedforth & Sons
  • Rubia Industries Limited
  • Olivia Impex Private Limited

These major players operating in the soap noodles industry are adopting various organic and inorganic growth strategies to increase their foothold in the market. For instance, IOI corporation Berhad acquired  the oleochemical business of CREMER OLEO GmbH & Co. KG based in Germany. This acquisition was in line with their strategy to further enhance their production capacity and their position in European market.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global soap noodles market size is anticipated to depict 3% CAGR through 2025, having been valued at a revenue of USD 920 million in 2018.

Vegetable oil segment, including palm oil and palm kernel, accounted for the largest soap noodle market share in 2018. The growth can be credited to the increased dependency of the emerging nations of APAC, on palm oil, to manufacture soap noodles.

Saponification production process held over 50% of soap noodles industry share in 2019 and will depict appreciable gains owing to the fact that the process is inexpensive and convenient.

Personal hygiene was the fastest growing application segment in the year 2018. Personal hygiene segment may exhibit 3% CAGR through 2025, driven by the ongoing pandemic and rising awareness about hygiene.

China held 28% of the regional market share and may depict 3.5% through 2025, propelled by the rising investments in retail and easy availability of consumer goods.

Soap Noodles Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 14
  • Tables & Figures: 236
  • Countries covered: 19
  • Pages: 143
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