Industry Analysis & Industry Trends
Representing roughly 5.7% 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 sector, which is worth nearly $10.0 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 Locations Chapter
On the basis of the number of enterprises, the industry is heavily concentrated in New South Wales and Victoria with these two states accounting for over two thirds of total enterprise numbers. While slight variations occur on a year-by-year basis, this dominance has held over the past decade. Having fallen in relative importance since 2007-08, Queensland now accounts for just over 18%.
Nonetheless, these three eastern seaboard states account for the lion's share of the industry, reflecting the distribution of economic activity and population within Australia, with manufacturers choosing to locate in areas well supported by infrastructure and close to downstream markets... purchase to read more