Description:
Production of Soaps, Detergents and Disinfectants.
Manufacturing of Washing Soap, Laundry Soap, Handmade Soap, Detergent Soap, Liquid Soap, Hand Wash, Liquid Detergent, Detergent Powder, Bar, Phenyl, Floor Cleaner, Toilet Cleaner, Mosquito Coils, Naphthalene Balls, Air Freshener, Hand Sanitizer and Aerosols Insecticide
Soaps
Soaps are water-soluble sodium or potassium salts of fatty acids. Soaps are made from fats and oils, or their fatty acids, by treating them chemically with a strong alkali.
The soap industry in India is at the high growth rate and many new entrants are planning to launch their product in this category. The overall soap industry is worth at 60000 crores. Soaps form the largest pie of the FMCG Market with bathing & toilet soaps accounting for around 30% of the soap market, by value. Currently, the soap industry is divided into three segments namely Premium, Popular and Economy/ Sub popular.
The soap industry plays a key role in the economy of India. Though soaps were once products that were only used by the elite, today, the increase of disposable incomes throughout India has led to an increase demand for soaps. The soap products that are produced in India are not only distributed and used by residents of the country, but they are also distributed and sold to various regions throughout the world.
There are several factors that have fueled the growth of India’s soap market, and that are expected to continue fueling the growth of this industry in the coming years.
The major factor that has augmented this market is the increase in per capita income. As the income of residents throughout India and the rest of the world rises, so does the demand for soap. As expendable incomes rise, people are more able to afford soap products, particularly specialty soaps that are intended to provide different results.
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