$46.1bn
$X.Xbn
58,521
5,397
$X.Xbn
Soap and cleaning compound manufacturers produce cleaning products like household soaps, commercial detergents, polishes and surface-active agents. Many soap and cleaning compound products are staples in US households, so spending on these items doesn't fluctuate significantly based on macroeconomic conditions. Sales of other materials, like commercial detergents, tend to shift based on business demand – creating more volatility for manufacturers in this industry.
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $46.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Procter & Gamble Co | 15,017.2 | 3,592.0 | 23.9 | |
Ecolab Inc. | 9,775.3 | 1,784.5 | 18.3 | |
Unilever N V | 6,138.2 | 971.6 | 15.8 |
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Industry revenue is measured across several distinct product and services lines, including Household soaps and detergents , Commercial soaps and detergents and Polishes and other sanitation goods. Household soaps and detergents is the largest segment of the Soap & Cleaning Compound Manufacturing in the US.
The need for cleaning products remains constant for US households
The Soap and Cleaning Compound Manufacturing industry produces substances that loosen and remove soil from a surface for the purposes of personal hygiene, surface sanitization and the cleaning of clothes, linens and furnishings. This industry does not include manufacturers of synthetic glycerin, industrial bleaches or shampoos.
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NAICS 32561 - Soap & Cleaning Compound Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Soap and cleaning compound manufacturers are subject to strict regulations covering labeling, environmental impacts and workplace safety. These companies must also meet strin...
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Demand for skilled labor has surged, prompting soap and cleaning compound companies to focus on extensive research and development for innovation. Companies are offering high...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Soap & Cleaning Compound Manufacturing in the US industry in United States is $46.1bn in 2024.
There are 5,397 businesses in the Soap & Cleaning Compound Manufacturing in the US industry in United States, which has grown at a CAGR of 3.6 % between 2019 and 2024.
The market size of the Soap & Cleaning Compound Manufacturing in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Soap & Cleaning Compound Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Soap & Cleaning Compound Manufacturing market in United States are Procter & Gamble Co, Ecolab Inc. and Unilever N V
Household soaps and detergents and Surface active agents are part of the Soap & Cleaning Compound Manufacturing in the US industry.
The company holding the most market share in United States is Procter & Gamble Co.
The level of competition is high and steady in the Soap & Cleaning Compound Manufacturing in the US industry in United States.