Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $46.1bn in 2024.
Trends and Insights
A higher demand for eco-friendly cleaning products has stimulated market dynamics
- Consumers are increasingly concerned about their products’ environmental impact, which drives demand for eco-friendly and sustainable cleaning solutions. This trend has prompted manufacturers to innovate and reformulate products to meet these criteria.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Rebounding export markets will support growth
- Soap and cleaning compound manufacturers will benefit from an anticipated depreciation of the US dollar, which would make domestic products more affordable in trade markets. Most leading industry manufacturers also maintain extensive international sales and supply chains – favorable interest rates will bolster their bottom lines.
Biggest companies in the Soap & Cleaning Compound Manufacturing in the US
| Company | Market Share (%)
2024 | Revenue ($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 |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
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.
Trends and Insights
Surface active agents: Leading the market with versatile applications
- Surface active agents, often known as surfactants, are compounds that lower surface tension in liquids, making them critical in cleaning products. They represent the largest product category within the industry, dominating revenue contribution.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Household soaps and detergents Surface active agentsCommercial soaps and detergents Polishes and other sanitation goodsCompanies
Procter & Gamble CoEcolab Inc.Unilever N VPurchase this report to view all 7 major companies in this industry.
Related Terms
SURFACTANTBLEACHDETERGENTSOAPSULFONATED OILPRIVATE LABELIndustry Code
NAICS 32561 - Soap & Cleaning Compound Manufacturing in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The dollar's appreciation has made imported goods cheaper and more attractive to consumers, increasing import penetration. Foreign manufacturers leverage this advantage to in...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Household cleaning products maintain steady demand during economic downturns because of the essential nature of cleanliness and hygiene. Consumers may cut back on discretiona...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The populous Southeast boasts a significant concentration of soap and cleaning compound manufacturing companies. This facilitates efficient distribution while meeting regiona...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
In light of changing consumer preferences and heightened environmental awareness, niche manufacturers have thrived. However, their success in catering to specific market need...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Procter & Gamble (P&G) and similar leading companies actively engage in mergers and acquisitions. They typically aim for niche competitors with robust brand portfolios that w...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Procter & Gamble Co's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Ecolab Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Unilever N V's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 4 additional companies
Detailed analysis
- Description and key data for Procter & Gamble Co, and factors influencing its performance in the industry
- Description and key data for Ecolab Inc., and factors influencing its performance in the industry
- Description and key data for Unilever N V, and factors influencing its performance in the industry
- Description, key data and performance trends for 4 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Soap and cleaning compound manufacturers are subject to strict regulations covering labeling, environmental impacts and workplace safety. These companies must also meet strin...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
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...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Soap & Cleaning Compound Manufacturing in the US industry in United States in 2024?
The market size of the Soap & Cleaning Compound Manufacturing in the US industry in United States is $46.1bn in 2024.
How many businesses are there in the Soap & Cleaning Compound Manufacturing in the US industry 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.
Has the Soap & Cleaning Compound Manufacturing in the US industry in United States grown or declined over the past 5 years?
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.
What is the forecast growth of the Soap & Cleaning Compound Manufacturing in the US industry in United States over the next 5 years?
Over the next five years, the Soap & Cleaning Compound Manufacturing in the US industry in United States is expected to grow.
What are the biggest companies in the Soap & Cleaning Compound Manufacturing in the US market in United States?
The biggest companies operating in the Soap & Cleaning Compound Manufacturing market in United States are Procter & Gamble Co, Ecolab Inc. and Unilever N V
What does the Soap & Cleaning Compound Manufacturing in the US in United States include?
Household soaps and detergents and Surface active agents are part of the Soap & Cleaning Compound Manufacturing in the US industry.
Which companies have the highest market share in the Soap & Cleaning Compound Manufacturing in the US in United States?
The company holding the most market share in United States is Procter & Gamble Co.
How competitive is the Soap & Cleaning Compound Manufacturing in the US industry in United States?
The level of competition is high and steady in the Soap & Cleaning Compound Manufacturing in the US industry in United States.
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Competitors
- There are no industries to display.
Complementors
- Inorganic Chemical Manufacturing in the US
- Organic Chemical Manufacturing in the US
- Cosmetic & Beauty Products Manufacturing in the US
- Chemical Product Manufacturing in the US
International industries
- Soap & Cleaning Compound Manufacturing in Canada
- Soap and Cleaning Compound Manufacturing in Australia
- Soap & Detergent Manufacturing in the UK
- Soap, Washing Powder and Synthetic Detergent Manufacturing in China
View all industries in United States
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
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:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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