Industry Analysis & Industry Trends
Representing roughly 6% of Australia's overall chemical production industry (by revenue), the Australian Soap and Cleaning Compound Manufacturing industry has a long and varied history. The industry forms part of Australia's formulated hygiene, cosmetic and specialty products industry, which has an economic footprint worth $10 billion in annual retail sales (according to industry body Accord Australasia Ltd).
Industry products are designed and formulated using simple chemistry, but the industry itself is dynamic and characterised by strong product innovation as manufacturers compete to retain consumer interest. A continued stream of new, enhanced, repackaged, reformulated and eco-ethical products have been introduced over the past five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four players in the Soap and Cleaning Compound Manufacturing industry account for an estimated 36.3% of industry revenue. This means that the industry has a low level of market share concentration. This is despite a spate of acquisitions and the closure of various facilities that has occurred over the past decade. These trends are expected to continue in the foreseeable future, which means the level of market share concentration will gradually increase.
Within individual product segments, concentration levels may be considerably higher, especially at the downstream retail level. For example, the bar soap segment is dominated by the two global heavyweights Unilever and Colgate-Palmolive who count for just over half of all sales... purchase to read more