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 Products Chapter
The industry is involved in the manufacture of cleaning agents, disinfectants and bleaches, and oral hygiene products. These can be manufactured for both households and industrial commercial cleaners. Regardless of the target market, one key characteristic of the industry over the past five years has been the constant rollout of new products and line extensions, partly prompted by industry competition. There has been a growing emphasis on the introduction of innovative products based on new ingredients and green materials. This has resulted in a continued stream of new, enhanced, repackaged, reformulated and eco-ethical products. This trend is expected to continue over the next five years... purchase to read more