Saudi Arabia Soap and detergents Market (2024-2030) | Analysis, Growth, Value, Size, Share, Forecast, Industry, Companies, Revenue, Trends, Outlook & COVID-19 IMPACT

Market Forecast By Product (Household detergents, Industrial soaps & detergents, Household soaps, Others), By Applications (Homecare Detergents, Industrial Soap and Detergent, Homecare Soaps, Others) And Competitive Landscape
Product Code: ETC017879 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Soap and detergents Market Synopsis

The Saudi Arabia Soap and Detergents market is expected to grow at a CAGR of 5.4% from 2020-2026. The major factors driving the growth of this market are increasing population, rising disposable incomes, rising awareness regarding hygiene, and growing tourist influx in the country. Moreover, new product launches by key players coupled with advanced technologies are fuelling the growth for detergent industry in the country. However, stringent regulations against certain chemicals used in manufacturing soaps and detergents may hamper its growth over the forecast period.

Market Drivers

With an average age of 26 years old as per World Bank statistics 2018 & 2019, Saudi Arabia has one of the youngest populations among Middle East countries which drives demand for soap products due to high personal hygiene consciousness especially amongst younger generations. According to 6wresearch, a Consumer Insight survey conducted in Saudi Arabia during 2017-2018 revealed that nearly 42% households had monthly disposable income between SAR15000 - SAR25000 driving demand for premium laundry care brands such as Surf Excels which have good quality but expensive products compared to other similar local competitors operating within same price range.

Challenges of the Market

The authorities impose strict regulations on usage of certain chemicals while manufacturing soaps & detergents (such as Sodium Lauryl Sulphates (SLS)) due to potential health hazards associated with it creating hindrances for manufacturers for introducing new products or using ingredients containing these substances thereby limiting their operations within specified boundaries thus restraining overall market growth rate over forecasted period.

Covid 19 Impact on the Market

The pandemic has affected almost every sector including Soap and Detergents Market drastically leading towards decline in volume consumption globally primarily due to disruptions caused throughout supply chains and imposition of lockdown restrictions reducing customer footfall across retail stores .However ,shareholders can avail benefits from rise digital platform adoption across whole region alongwith gradual recovery seen post.

key players of the Market

Major players operating in Saudi Arabia soap & detergent industry include Unilever Plc., Procter & Gamble Co., Henkel AG & Company KGaA (Henkel Group), Reckitt Benckiser Group plc (RB Group), Colgate-Palmolive Company, SC Johnson Wax., Godrej Industries Ltd., Church & Dwight Co Inc., Lion Corp Japan; and others.

Key Highlights of the Report:

  • Saudi Arabia Soap and detergents Market Outlook
  • Market Size of Saudi Arabia Soap and detergents Market, 2023
  • Forecast of Saudi Arabia Soap and detergents Market, 2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Revenues & Volume for the Period 2020-2030
  • Saudi Arabia Soap and detergents Market Trend Evolution
  • Saudi Arabia Soap and detergents Market Drivers and Challenges
  • Saudi Arabia Soap and detergents Price Trends
  • Saudi Arabia Soap and detergents Porter's Five Forces
  • Saudi Arabia Soap and detergents Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Product for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Household detergents for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Industrial soaps & detergents for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Household soaps for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Applications for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Homecare Detergents for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Industrial Soap and Detergent for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Homecare Soaps for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Soap and detergents Market Revenues & Volume By Others for the Period 2020-2030
  • Saudi Arabia Soap and detergents Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Applications
  • Saudi Arabia Soap and detergents Top Companies Market Share
  • Saudi Arabia Soap and detergents Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Soap and detergents Company Profiles
  • Saudi Arabia Soap and detergents Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Soap and detergents Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Soap and detergents Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Soap and detergents Market - Industry Life Cycle

3.4 Saudi Arabia Soap and detergents Market - Porter's Five Forces

3.5 Saudi Arabia Soap and detergents Market Revenues & Volume Share, By Product, 2020 & 2030F

3.6 Saudi Arabia Soap and detergents Market Revenues & Volume Share, By Applications, 2020 & 2030F

4 Saudi Arabia Soap and detergents Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Soap and detergents Market Trends

6 Saudi Arabia Soap and detergents Market, By Types

6.1 Saudi Arabia Soap and detergents Market, By Product

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Soap and detergents Market Revenues & Volume, By Product, 2020-2030F

6.1.3 Saudi Arabia Soap and detergents Market Revenues & Volume, By Household detergents, 2020-2030F

6.1.4 Saudi Arabia Soap and detergents Market Revenues & Volume, By Industrial soaps & detergents, 2020-2030F

6.1.5 Saudi Arabia Soap and detergents Market Revenues & Volume, By Household soaps, 2020-2030F

6.1.6 Saudi Arabia Soap and detergents Market Revenues & Volume, By Others, 2020-2030F

6.2 Saudi Arabia Soap and detergents Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Soap and detergents Market Revenues & Volume, By Homecare Detergents, 2020-2030F

6.2.3 Saudi Arabia Soap and detergents Market Revenues & Volume, By Industrial Soap and Detergent, 2020-2030F

6.2.4 Saudi Arabia Soap and detergents Market Revenues & Volume, By Homecare Soaps, 2020-2030F

6.2.5 Saudi Arabia Soap and detergents Market Revenues & Volume, By Others, 2020-2030F

7 Saudi Arabia Soap and detergents Market Import-Export Trade Statistics

7.1 Saudi Arabia Soap and detergents Market Export to Major Countries

7.2 Saudi Arabia Soap and detergents Market Imports from Major Countries

8 Saudi Arabia Soap and detergents Market Key Performance Indicators

9 Saudi Arabia Soap and detergents Market - Opportunity Assessment

9.1 Saudi Arabia Soap and detergents Market Opportunity Assessment, By Product, 2020 & 2030F

9.2 Saudi Arabia Soap and detergents Market Opportunity Assessment, By Applications, 2020 & 2030F

10 Saudi Arabia Soap and detergents Market - Competitive Landscape

10.1 Saudi Arabia Soap and detergents Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Soap and detergents Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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