The soap and other detergents market size has grown strongly in recent years. It will grow from $129.79 billion in 2023 to $142 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth observed in the historical period can be credited to increased awareness of health and hygiene, economic development, effective marketing and branding strategies, adherence to environmental regulations, and the adoption of sustainable practices. Additionally, factors such as population growth and urbanization have contributed to this growth.
The soap and other detergents market size is expected to see strong growth in the next few years. It will grow to $201.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The anticipated growth in the forecast period can be ascribed to an increased focus on hygiene driven by the pandemic, ongoing product innovation, a surge in health-conscious and eco-friendly consumer trends, emphasis on supply chain resilience, and compliance with regulatory standards alongside ingredient transparency. Notable trends expected in the forecast period encompass the integration of smart packaging and technology, advancements in formulation technologies, a growing demand for eco-friendly and sustainable products, ongoing innovation in formulations, and the customization and personalization of products.
The anticipated surge in E-commerce growth is poised to drive the expansion of the soap and other detergents market. E-commerce, or electronic commerce, involves the online buying and selling of goods and services. E-commerce platforms provide an extensive range of soap and detergent products from various brands, enabling consumers to explore diverse options, including specialty and niche products. For example, as of August 2023, the United States Census Bureau reported a 7.5% increase (or 1.4%) in the estimate for e-commerce in the second quarter of 2023 compared to the same period in 2022, with online stores accounting for 15.4% of all sales. Hence, the growing prominence of e-commerce is a driving force behind the soap and other detergents market.
The anticipated increase in population is set to fuel the growth of the soap and other detergents market. Population refers to the total number of individuals residing in a specific geographical area or within a defined group over a particular time frame. A larger population translates to a broader consumer base for soap and detergent products. With more people living in a given area, there is an augmented demand for these products for personal hygiene, cleaning, and laundry. As of February 2023, the Office for National Statistics in the UK projected a population of 72.4 million by mid-2045. Therefore, the population's growth is a catalyst for the soap and other detergents market.
Global soap and detergent providers grappled with an uncertain regulatory landscape during the historic period. Regulations governing the reduction of the release of toxic chemical substances into the atmosphere during the manufacturing process of soaps and detergents presented challenges. For instance, adherence to regulations outlined in the US Code of Federal Regulations (40 CFR), specifically addressing environmental safety (Part 417), is mandatory for soap and detergent manufacturers. This regulatory framework imposes constraints on the soap and other detergent market.
In response to the escalating global water scarcity issue, manufacturers of soap and other detergents are persistently striving to create opportunities for water-efficient soaps and laundry products. These water-efficient variants necessitate less water for rinsing, as they are concentrated detergents containing fewer water-dependent soap and laundry ingredients. Additionally, these products contribute to reducing packaging and transportation costs for manufacturers. In February 2022, Tyach Khil, a Turkmen company, initiated the production of water-saving liquid hand soaps designed to decrease water consumption by 30% compared to conventional soap, thereby propelling the soap and other detergents market in the forecast period.
Leading companies in the soap and other detergents market are actively introducing innovative products, such as laundry capsules, with the aim of enhancing their market profitability. A laundry capsules set comprises laundry detergent packs or tablets packaged together for convenience. For example, in July 2022, Unilever PLC, a UK-based consumer packaged goods company, introduced Dirt Is Good laundry capsules. These newly developed capsules are designed to reduce plastic packaging, decarbonize washing processes, and conserve electricity. Featuring the fastest-dissolving capsule membrane in the market, which is entirely biodegradable, the capsules leave no trace on clothing. Packaged in a plastic-free cardboard container, this initiative by Unilever aims to prevent the annual entry of nearly 6,000 tons of plastic - equivalent to the weight of 500 double-decker buses - into the waste stream.
Major companies operating in the soap and other detergents market report are US Chemical Corporation, FROSCH, Johnson and Johnson, The Procter & Gamble Company, Unilever PLC, Henkel AG & Co KGaA, Colgate-Palmolive Company, Reckitt Benckiser Group PLC, Ecolab Inc., Kao Corporation, Akzo Nobel Spg LLC, Amway Distributor, The Clorox Company, Church & Dwight Co. Inc., Lion Corporation, The Sun Products Corporation, Nice Group, Nafine Chemical Industry Group Co.Ltd., Zep Inc., The Original Bradford Soap Works Inc., Rose Raining lnc., Oralabs lnc., Den-Mat Holdings LLC, Ecover Limited, Piedmont Chemical Industries lnc., James Austin Company, Kutol Products Company, Sheffield Pharmaceuticals LLC, State Industrial Products Corporation, Betco Corporation, LIBY Group, Eko Supreme Resources Nigeria Limited, Doyin Group, McBride PLC, Godrej Consumer Products Limited, Rohit Surfactants Private Limited (RSPL), Elephant Group.
Asia-Pacific was the largest region in the soap and other detergents market in 2023. Western Europe was the second-largest region in the global soap and other detergents market. The regions covered in the soap and other detergents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soap and other detergents market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary product types within the soap and detergent category include laundry detergent, soap, dishwashing detergent, toothpaste, and other related products. Toothpaste, specifically, is a cleaning paste designed for oral hygiene. The applications of these products span across homecare detergents, industrial soaps and detergents, homecare soaps, and various other applications. The end users of these cleaning agents encompass the body, clothing, and other surfaces.
The soap and other detergents market research report is one of a series of new reports that provides soap and other detergents market statistics, including soap and other detergents industry global market size, regional shares, competitors with a soap and other detergents market share, detailed soap and other detergents market segments, market trends and opportunities, and any further data you may need to thrive in the soap and other detergents industry. This soap and other detergents market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The soap and other detergent market consists of the sales of conditioner, fabric softener, antiseptic soaps, glass cleaner, and dishwashing liquids. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The soap and other detergents market size is expected to see strong growth in the next few years. It will grow to $201.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The anticipated growth in the forecast period can be ascribed to an increased focus on hygiene driven by the pandemic, ongoing product innovation, a surge in health-conscious and eco-friendly consumer trends, emphasis on supply chain resilience, and compliance with regulatory standards alongside ingredient transparency. Notable trends expected in the forecast period encompass the integration of smart packaging and technology, advancements in formulation technologies, a growing demand for eco-friendly and sustainable products, ongoing innovation in formulations, and the customization and personalization of products.
The anticipated surge in E-commerce growth is poised to drive the expansion of the soap and other detergents market. E-commerce, or electronic commerce, involves the online buying and selling of goods and services. E-commerce platforms provide an extensive range of soap and detergent products from various brands, enabling consumers to explore diverse options, including specialty and niche products. For example, as of August 2023, the United States Census Bureau reported a 7.5% increase (or 1.4%) in the estimate for e-commerce in the second quarter of 2023 compared to the same period in 2022, with online stores accounting for 15.4% of all sales. Hence, the growing prominence of e-commerce is a driving force behind the soap and other detergents market.
The anticipated increase in population is set to fuel the growth of the soap and other detergents market. Population refers to the total number of individuals residing in a specific geographical area or within a defined group over a particular time frame. A larger population translates to a broader consumer base for soap and detergent products. With more people living in a given area, there is an augmented demand for these products for personal hygiene, cleaning, and laundry. As of February 2023, the Office for National Statistics in the UK projected a population of 72.4 million by mid-2045. Therefore, the population's growth is a catalyst for the soap and other detergents market.
Global soap and detergent providers grappled with an uncertain regulatory landscape during the historic period. Regulations governing the reduction of the release of toxic chemical substances into the atmosphere during the manufacturing process of soaps and detergents presented challenges. For instance, adherence to regulations outlined in the US Code of Federal Regulations (40 CFR), specifically addressing environmental safety (Part 417), is mandatory for soap and detergent manufacturers. This regulatory framework imposes constraints on the soap and other detergent market.
In response to the escalating global water scarcity issue, manufacturers of soap and other detergents are persistently striving to create opportunities for water-efficient soaps and laundry products. These water-efficient variants necessitate less water for rinsing, as they are concentrated detergents containing fewer water-dependent soap and laundry ingredients. Additionally, these products contribute to reducing packaging and transportation costs for manufacturers. In February 2022, Tyach Khil, a Turkmen company, initiated the production of water-saving liquid hand soaps designed to decrease water consumption by 30% compared to conventional soap, thereby propelling the soap and other detergents market in the forecast period.
Leading companies in the soap and other detergents market are actively introducing innovative products, such as laundry capsules, with the aim of enhancing their market profitability. A laundry capsules set comprises laundry detergent packs or tablets packaged together for convenience. For example, in July 2022, Unilever PLC, a UK-based consumer packaged goods company, introduced Dirt Is Good laundry capsules. These newly developed capsules are designed to reduce plastic packaging, decarbonize washing processes, and conserve electricity. Featuring the fastest-dissolving capsule membrane in the market, which is entirely biodegradable, the capsules leave no trace on clothing. Packaged in a plastic-free cardboard container, this initiative by Unilever aims to prevent the annual entry of nearly 6,000 tons of plastic - equivalent to the weight of 500 double-decker buses - into the waste stream.
Major companies operating in the soap and other detergents market report are US Chemical Corporation, FROSCH, Johnson and Johnson, The Procter & Gamble Company, Unilever PLC, Henkel AG & Co KGaA, Colgate-Palmolive Company, Reckitt Benckiser Group PLC, Ecolab Inc., Kao Corporation, Akzo Nobel Spg LLC, Amway Distributor, The Clorox Company, Church & Dwight Co. Inc., Lion Corporation, The Sun Products Corporation, Nice Group, Nafine Chemical Industry Group Co.Ltd., Zep Inc., The Original Bradford Soap Works Inc., Rose Raining lnc., Oralabs lnc., Den-Mat Holdings LLC, Ecover Limited, Piedmont Chemical Industries lnc., James Austin Company, Kutol Products Company, Sheffield Pharmaceuticals LLC, State Industrial Products Corporation, Betco Corporation, LIBY Group, Eko Supreme Resources Nigeria Limited, Doyin Group, McBride PLC, Godrej Consumer Products Limited, Rohit Surfactants Private Limited (RSPL), Elephant Group.
Asia-Pacific was the largest region in the soap and other detergents market in 2023. Western Europe was the second-largest region in the global soap and other detergents market. The regions covered in the soap and other detergents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soap and other detergents market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary product types within the soap and detergent category include laundry detergent, soap, dishwashing detergent, toothpaste, and other related products. Toothpaste, specifically, is a cleaning paste designed for oral hygiene. The applications of these products span across homecare detergents, industrial soaps and detergents, homecare soaps, and various other applications. The end users of these cleaning agents encompass the body, clothing, and other surfaces.
The soap and other detergents market research report is one of a series of new reports that provides soap and other detergents market statistics, including soap and other detergents industry global market size, regional shares, competitors with a soap and other detergents market share, detailed soap and other detergents market segments, market trends and opportunities, and any further data you may need to thrive in the soap and other detergents industry. This soap and other detergents market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The soap and other detergent market consists of the sales of conditioner, fabric softener, antiseptic soaps, glass cleaner, and dishwashing liquids. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Soap and Other Detergents Market Characteristics3. Soap and Other Detergents Market Trends and Strategies32. Global Soap and Other Detergents Market Competitive Benchmarking33. Global Soap and Other Detergents Market Competitive Dashboard34. Key Mergers and Acquisitions in the Soap and Other Detergents Market
4. Soap and Other Detergents Market - Macro Economic Scenario
5. Global Soap and Other Detergents Market Size and Growth
6. Soap and Other Detergents Market Segmentation
7. Soap and Other Detergents Market Regional and Country Analysis
8. Asia-Pacific Soap and Other Detergents Market
9. China Soap and Other Detergents Market
10. India Soap and Other Detergents Market
11. Japan Soap and Other Detergents Market
12. Australia Soap and Other Detergents Market
13. Indonesia Soap and Other Detergents Market
14. South Korea Soap and Other Detergents Market
15. Western Europe Soap and Other Detergents Market
16. UK Soap and Other Detergents Market
17. Germany Soap and Other Detergents Market
18. France Soap and Other Detergents Market
19. Italy Soap and Other Detergents Market
20. Spain Soap and Other Detergents Market
21. Eastern Europe Soap and Other Detergents Market
22. Russia Soap and Other Detergents Market
23. North America Soap and Other Detergents Market
24. USA Soap and Other Detergents Market
25. Canada Soap and Other Detergents Market
26. South America Soap and Other Detergents Market
27. Brazil Soap and Other Detergents Market
28. Middle East Soap and Other Detergents Market
29. Africa Soap and Other Detergents Market
30. Soap and Other Detergents Market Competitive Landscape and Company Profiles
31. Soap and Other Detergents Market Other Major and Innovative Companies
35. Soap and Other Detergents Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Soap and Other Detergents Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on soap and other detergents market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for soap and other detergents? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product Type: Laundry Detergent; Soap; Dishwashing Detergent; Toothpaste; Other Product Types
2) By Application: Homecare Detergents; Industrial Soap and Detergent; Homecare Soaps; Other Applications
3) By End-user: Body; Clothing; Other End-users
Key Companies Mentioned: US Chemical Corporation; FROSCH; Johnson and Johnson; The Procter & Gamble Company; Unilever plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- US Chemical Corporation
- FROSCH
- Johnson and Johnson
- The Procter & Gamble Company
- Unilever plc
- Henkel AG & Co KGaA
- Colgate-Palmolive Company
- Reckitt Benckiser Group plc
- Ecolab Inc.
- Kao Corporation
- Akzo Nobel Spg LLC
- Amway Distributor
- The Clorox Company
- Church & Dwight Co. Inc
- Lion Corporation
- The Sun Products Corporation
- Nice Group
- Nafine Chemical Industry Group Co.Ltd.
- Zep Inc.
- The Original Bradford Soap Works Inc.
- Rose Raining lnc.
- Oralabs lnc.
- Den-Mat Holdings LLC
- Ecover Limited
- Piedmont Chemical Industries lnc.
- James Austin Company
- Kutol Products Company
- Sheffield Pharmaceuticals LLC
- State Industrial Products Corporation
- Betco Corporation
- LIBY Group
- Eko Supreme Resources Nigeria Limited
- Doyin Group
- McBride plc
- Godrej Consumer Products Limited
- Rohit Surfactants Private Limited (RSPL)
- Elephant Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 142 Billion |
Forecasted Market Value ( USD | $ 201.88 Billion |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Global |
No. of Companies Mentioned | 37 |