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Middle East Soap and Detergent Market, By Soap, By Detergent, By Countries and Forecast 2028
13-Jul-2022 | Navi Mumbai | News-Press Release
Market Reports on Saudi Arabia Provides the Trending Market Research Report on "Middle East Soap And Detergent Market Outlook (2022-2028): Market Forecast By Soap (By Product (Bath And Body Soap, Kitchen Soap, Laundry Soap), By Verticals (Residential, Commercial & Industrial)), By Detergent (By Product (Laundry Cleaning Detergent, Household Cleaning Detergent, Dishwashing Detergent), By Verticals (Residential, Commercial & Industrial), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain))" under Consumer Goods Market Research Reports category. The Soap And Detergent Market Database in Middle East is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Middle East Soap And Detergent Market Report comprehensively covers the Middle East Soap and Detergent Market by countries, by types and by verticals. Middle East Soap and Detergent Market report provides an unbiased and detailed analysis of soap and detergent market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Middle East Soap And Detergent Market Synopsis
Middle East market revenues witnessed a steady growth in previous years owing to progress in residential and hospitality sectors. However, the market was affected positively in 2020 by the ongoing pandemic of COVID-19, which triggered a boost in market on the back of growing hygiene consciousness. However, the market declined in 2021 as the consumption of soap and detergent reduced with decline in number of covid cases.
Initially in year 2020, due to COVID-19 pandemic led measures, lockdowns and restriction on international trade resulted in a slight slowdown in the of essential raw materials such as sulphonic acid, sodium hydroxide, potassium hydroxide resulting in reduced production of soaps and detergents. However, with upliftment of lockdown restrictions and regulatory measures to revive economic activity, demand for soap and detergent took a boost detergent was resumed to meet the demands of reviving economy.
Middle East Soap And Detergent Market size is projected to grow at a CAGR of 8.6% respectively during 2022-2028. Soaps and detergents are very essential for our personal hygiene. Owing to lockdown imposed during 2020 and the fear of spread of coronavirus in Oman, it led to boost the Middle East soap and detergent market on account of hygiene awareness.
Market by Verticals Analysis
By verticals, residential sector accounted for the largest share on the account of rapid growth in the population in the Middle Eastern countries along with growing awareness among people towards personal hygiene. The residential sector gained more momentum during 2020 as people were at home due to lockdown impositions and were required to maintain hygiene and cleanliness to prevent the spread of the disease.
Market by Country Analysis
By countries, Saudi Arabia and UAE accounted for largest market revenue share in Middle East soap and detergent market for 2021 and is also expected to be at the top in forecast years on account of growing tourism and hotel industry. Further, in Saudi Arabia and UAE growing migration is leading to an increase in demand for residential units, thus, directly to the Middle East soap and detergent market growth. Moreover, the large soap and detergent companies either have production plants in industrial areas of Saudi Arabia itself or they distribute their products in the above mentioned countries through importing products from their plants in other GCC nations and rest of the world. Also, tourism infrastructure in Saudi Arabia and UAE is already quite robust due to the presence of religiously and holiday destination significant locations such as Mecca and Medina and Dubai in UAE is further expected to grow. In hospitality sector, hotel laundry industry plays a vital role for clean & hygienic towels and bed linen. Therefore, the demand of Saudi Arabia soap and detergent in Hospitality industry will increase.
Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2018 to 2021.
Base Year: 2021
Forecast Data until 2028.
Key Performance Indicators Impacting the Market.
Key Highlights of the Report
Middle East Soap and Detergent Market Overview
Middle East Soap and Detergent Market Outlook
Middle East Soap and Detergent Market Forecast
Middle East Soap and Detergent Market Share
Historical Data and Forecast of Middle East Soap and Detergent Market Revenues, for the Period 2018-2028F
Historical Data and Forecast of Middle East Soap and Detergent Market Revenues, By Types for the Period 2018-2028F
Historical Data and Forecast of Middle East Soap and Detergent Market Revenues, By Regions for the Period 2018-2028F
Historical Data and Forecast of Middle East Soap and Detergent Market Revenues, By Verticals for the Period 2018-2028F
Market Drivers and Restraints
Middle East Soap and Detergent Market Trends
Industry Life Cycle
Middle East Soap and Detergent Market - Porter's Five Forces
Market Opportunity Assessment
Company Revenue Shares
Market Competitive Benchmarking
Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
Bath and Body Soap
Commercial & Industrial
Laundry Cleaning Detergent
Household Cleaning Detergent
Commercial & Industrial
Browse our full report with Table of Contents:
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