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Soap & Cleaning Compound Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Soap & Cleaning Compound Manufacturing Market Research Report | NAICS 32561 | Sep 2016

All clean: High disposable income will push consumers toward high-cost, brand-name soaps

The Soap & Cleaning Compound Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$43bn
Annual Growth 11-16
-4.0%
Annual Growth 16-21
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Profit
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Employment
41,870
Businesses
4,251
Industry Analysis & Industry Trends

During the past five years, the Soap and Cleaning Compound Manufacturing industry contended with steep competition from foreign-based soap manufacturers. Foreign-based manufacturers have inundated the market with low-cost soap products, pressuring demand for domestically manufactured products. In the coming years, as per capita disposable income rises, many consumers will slowly shift to relatively high-cost, brand-name soaps and cleaning products. Additionally, downstream markets, such as restaurants, will require more cleaning products to comply with regulations and maintain cleanliness in line with the rise in consumer foot traffic... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates that the Soap and Cleaning Compound Manufacturing industry's top four players generate 28.0% of revenue in 2016. While the industry exhibits a low level of market share concentration, the industry is approaching moderate concentration. This trend is consistent with the industry's maturity. Soap manufacturing is a long-standing industry, and sales rely on replacement purchases because most households and commercial establishments already use soap. As a result, major companies have increasingly focused on acquiring other players to achieve growth.

According to the US Census Bureau, about 65.2% of industry establishments have fewer than 20 employees in 2013 (latest data available). Whi.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Soap & Cleaning Compound Manufacturing Industry?

This industry produces substances that loosen and remove soil from a surface for personal hygiene, sanitization or cleaning clothes, linens and furnishings. The industry does not include manufacturers of synthetic glycerin, industrial bleaches or shampoos.

Industry Products
Household soaps and detergents Commercial soaps and detergents Polishes and other sanitation goodsSurface active agents
 
Industry Activities
Preparing, and packaging cleaning compoundsManufacturing and packaging soap


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