Soap Noodles prices in Delhi rise, impact on soap industry costs (Business Opportunities - Advertising Service)
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Item ID 3247728 in Category: Business Opportunities - Advertising Service
Soap Noodles prices in Delhi rise, impact on soap industry costs | |
Soap noodles, a critical raw material for the soap and detergent industry, have witnessed a notable price surge in the Delhi market. The price of Grade 80:20 soap noodles increased from Rs. 102/kg on July 11, 2025, to Rs. 104/kg on July 22, 2025, marking a Rs. 2/kg rise in just a week. This price hike has stirred concerns among soap manufacturers, as it adds pressure to production costs amidst growing demand during the festive season. Soap noodles are the foundational ingredient for producing various types of soaps. Grade 80:20 soap noodles, specifically, are widely used in manufacturing toilet soaps, laundry bars, cosmetic soaps, and heavy-duty industrial cleaning products. India is home to several prominent soap noodle manufacturers, including Godrej Consumer Products, VVF India Limited, and Tamil Nadu Petroproducts Limited, which play a pivotal role in catering to local and export demands. Internationally, key players such as KLK OLEO and Wilmar International from Malaysia, IOI Group, and the 3F Group from the UAE dominate the market, with substantial contributions to global supply chains. The global soap noodles market, valued at $2.5 billion in 2023, is projected to grow at a CAGR of 4.2% from 2024 to 2030, driven by rising demand for personal care products. However, the recent surge in raw material prices is expected to pose challenges for the industry, which may increase the cost of the final product for consumers in the near future, Soap noodles Prices in India, Indian Soap noodles Prices, Indian Prices Soap noodles, IndianPetrochem. #SoapNoodlesPricesinIndia #IndianSoapNoodlesPrices #IndianPricesSoapNoodles #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 22 July 2025 7:54 PM Number of Views: 30 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-07-31 (0.476 sec)