Consumer & Retail

According to a market report by Lucintel, the future of the soap and detergent based fragrance market looks promising with opportunities in the conventional retail, online sale, B2B, and B2B – TP markets. The global soap and detergent based fragrance market is expected to reach an estimated $9.8 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are increasing consumer spending along with improvement in the standard of living and growing awareness among people about hygiene and cleanliness owing to rise of infectious disease.



In this market, household detergents, industrial soaps & detergents, household soaps are the major segments of soap and detergent based fragrance market by product. Lucintel forecast that household detergents will remain the largest segment over the forecast period due to increased consumer awareness of personal hygiene.



Within this market, online sales is expected to witness the highest growth due to increasing preference of consumers for online shopping as they find can purchase items from the comfort of home.



North America will remain the largest region due to rapid urbanization and increasing spending of people in beauty and personal car items in the region.

Avon Products, CavinKare, Henkel, Lion Corporation, The Estée Lauder Companies, Amway Corporation, Coty, and Clarins S.A. are the major suppliers in the global soap and detergent based fragrance market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global soap and detergent based fragrance market by product, distribution channel, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Soap and Detergent based Fragrance Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global soap and detergent based fragrance market by product, distribution channel, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global soap and detergent based fragrance market by product (household detergents, industrial soaps & detergents, household soaps, and others), distribution channel(conventional retail, online sales, B2B, and B2B - TP), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?