Australia’s soap suppliers Australia industry is booming and is set to continue this upward trend in the years to come. In 2017, the leading countries that supplied Australian soap were China, Thailand, the United States, and Singapore. These countries together accounted for Australia’s total soap imports. Other major countries to supply Australian soap include Malaysia, New Zealand, Canada, and Luxembourg. Among these countries, China recorded the highest CAGR (+X%).
Growth of the e-commerce Sector
Soap suppliers Australia are increasingly turning to e-commerce to expand their business. This trend is being fueled by increased consumer awareness of the importance of clean, hygienic living. A growing population and growing disposable income are helping to drive the demand for bar soaps.
In addition to physical distribution, e-commerce also offers a number of other benefits. Consumers can save significant money and receive their products faster than traditional retail stores. Online stores also feature convenient payment options and doorstep delivery. As such, the growth of the e-commerce sector is predicted to be significant in the coming years. Australia Post and IAB Australia recently published the latest eCommerce Industry Report. In the last six months, Australians made over 4.2 million e-commerce purchases. In addition, Australians made over 25 per cent of their purchases through mobile devices. Australia Post has tracked mobile purchases and found that e-commerce sites are a preferred method for making purchases.
The growth of e-commerce has been on the rise in Australia for some time. However, recent events like the Coronavirus pandemic have made the e-commerce sector grow faster. In lockdown situations, shoppers turned to online shopping to make purchases. Online shopping through social media is also a vital part of e-commerce in Australia. Using social media, like Facebook, to advertise products is crucial as it enables businesses to target niche audiences while building brand awareness.
Growth of the non-degradable Segment
The Soap Box Packaging suppliers in Australia and the Cleaning Compound Manufacturing industry are expected to grow modestly over the next five years, thanks to an increased focus on personal hygiene and industrial cleaning protocols. In addition, firms are likely to continue introducing higher-value specialty surfactants and sustainable cleaning products. However, deflationary price pressures will counter the full effects of these developments. The industry is also expected to face a number of challenges in the next five years.
The non-degradable segment is expected to grow at a faster rate than the biodegradable segment in Australia. The demand for non-degradable soap is driven by rising awareness about personal hygiene and the need for affordable soaps. The COVID-19 crisis has also shifted consumer preferences toward the use of hand hygiene products. In addition, increased cases of coronavirus infections are expected to increase the demand for hygiene products in homes, offices, and public places. This trend is expected to help the growth of the liquid soap segment in nearly all regions.
Key Trends in the Soap Industry
Sustainability is a key trend in the soap suppliers Australia industry, with the use of organic ingredients gaining in popularity. Furthermore, bio-surfactants are emerging as an alternative to synthetic surfactants. These ingredients don’t harm aquatic life when washed off. For instance, L’Oreal’s Garnier brand will be introducing shampoo bars in November 2020 which will eliminate the need for plastic containers, reducing environmental impact by 25%.
The market for Liquid Soap in Australia
The market for liquid soap paper labels in Australia is predicted to reach a valuation of AU$1.1 billion by 2021. The growing urbanization and preference for homemade soap are fueling the growth of this market. Other factors driving the market growth are the high cost of manufacturing and the huge variety of products.
In addition to these factors, strong demand for hand washing and hand soap from healthcare facilities and hospitals will increase the market. Increasing awareness about the benefits of handwashing is also driving the market growth of the segment. In addition, hospitals and QSRs will increasingly use liquid soap to maintain hygiene standards.
Demand for Liquid Soap is Largely Fueled
The demand for liquid soap is largely fueled by its antiseptic and antibacterial properties. With increasing awareness about hygiene and cleanliness, the global population is becoming increasingly health conscious. People use liquid soap suppliers in Australia to wash their hands and on various surfaces, such as furniture. In addition, companies are developing organic variants that do not contain harsh chemicals. These eco-friendly products are made from plant-derived ingredients. Furthermore, these products reduce the risk of fading colours and crumpled surfaces.
The market is segmented into two main segments: commercial and households. The commercial segment is further subdivided into hospitals, offices, malls, and restaurants. Among these, hospitals are expected to grow at the highest CAGR during the forecast period. The rise of infectious diseases has increased awareness and demand for liquid handwash among consumers. Furthermore, the use of liquid handwash in healthcare settings and increasing awareness about health issues are driving the regional market growth.
