Industry Analysis & Industry Trends
Concern about the environment is expected to have a fundamental effect on the industry's performance in the longer term, due to the flow-on effects associated with regulatory issues. Further, as the industry restructures, companies will continue to expand to emerging markets in search of new demand. Changes to product formulas that make soaps more eco- or health-friendly will also drive demand... purchase to read more
Industry Report - Starting a New Business Chapter
It is relatively easy to launch a small soap manufacturing company because the technological skills and financial resources required are not substantial. Additionally, industry products are considered commodities, and the ingredients used to produce them are common. As a result, firms are more willing to risk entering the industry because they can easily liquidate their inventories and assets if the venture fails. Also, although costs related to marketing and distribution are potentially significant, they can be kept to a minimum if there are enough retailers in the area where the products can be sold.
However, given the high costs of manufacturing, marketing and distribution, large corporations dominate the Soap and Cleaning Compound Manufacturing industry... purchase to read more