Saudi Arabia Laundry Chemicals Market Set for Rapid Growth at 4.39% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Saudi Arabia Laundry Chemicals Market, The Saudi Arabia Laundry Chemicals Market size is estimated to grow at a CAGR of around 4.39% during the forecast period, i.e., 2024–30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Saudi Arabia Laundry Chemicals Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2024-2030
CAGR (2024-2030): 4.39%

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Saudi Arabia Laundry Chemicals Market Segmentation Breakdown:

The Saudi Arabia Laundry Chemicals Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

By Type
- Emulsifiers- Market Size & Forecast 2019-2030, Volume (Thousand Tons)
- Detergent- Market Size & Forecast 2019-2030, (Thousand Tons)
- Bleaches- Market Size & Forecast 2019-2030, (Thousand Tons)
- Fabric Softeners- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (pH Adjusters, Blocking Agents, etc.) - Market Size & Forecast 2019-2030, (Thousand Tons)

Detergent holds a significant share in the Saudi Arabia Laundry Chemicals Market. Saudi Arabia experiences water hardness issues in several regions, especially Riyadh since water in the nation contains high mineral content, like calcium and magnesium ions.

By Distribution Channel
- Retail Stores- Market Size & Forecast 2019-2030, (Thousand Tons)
- Hypermarkets & Supermarkets- Market Size & Forecast 2019-2030, (Thousand Tons)
- Online- Market Size & Forecast 2019-2030, (Thousand Tons)
- Business-to-Business (B2B)- Market Size & Forecast 2019-2030, (Thousand Tons)

Online stores held a dominant share in the Saudi Arabia Laundry Chemicals Market. In recent years, the government of Saudi Arabia has invested heavily to improve the country's digital infrastructure.

By Application
- Commercial Laundry- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Hospitality- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Healthcare- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Food & Beverage- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Textile & Apparel- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Others (Educational Institutions, Offices, etc.) - Market Size & Forecast 2019-2030, (Thousand Tons)
- Home Laundry- Market Size & Forecast 2019-2030, (Thousand Tons)

Geographical Growth Insights:

By Region

South
East
West
Central

MarkNtel Advisors Highlights Key Market Drivers for Saudi Arabia Laundry Chemicals Market:

Expansion of Tourism & Hotel Chains Amplifying the Demand for the Laundry Chemicals – In recent years, there has been a surge in inbound tourism across the country due to the rising live events & prevalence of the cultural heritage sites, like the Nabatean city of Hegra (Mada'in Salih), Al-Hijr (Madain Salih), etc. According to the United Nations World Tourism Organization, in 2023, the country welcomed around 27.42 million inbound tourists, an increase of about 64.78% compared to 2022. The surging number of inbound tourists necessitates the usage of laundry chemicals to clean linens, towels, and clothing during their stays, driving the Saudi Arabia Laundry Chemicals Market. In addition, the increasing inbound tourism is also resulting in the requirement for proper hotel accommodation. As a result, several hotel chains are expanding in Saudi Arabia. For instance,

In 2024, Hilton, a leading Hotel Group, announced its plan to open around 60 new hotels in Saudi Arabia to cater to the accommodation demand of growing inbound tourists.

These hotels and resorts have high laundry requirements to ensure that guest rooms, linens, towels, and uniforms are clean, fresh, and hygienic. Therefore, there is a consistent need for laundry chemicals in the hospitality sector in Saudi Arabia.

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A Comprehensive Analysis of Leading Companies in Saudi Arabia Laundry Chemicals Market

WETICO
Galgorm Group (P&G)
Unilever Middle East & North Africa
Henkel AG & Co. KGaA
Church & Dwight Co., Inc.
Saudi Industrial Detergents Co.
Ecolab
Dow Chemicals
Technical Chemical Laboratories (TCL)
International Flavors & Fragrances Inc.
Abudawood
Basic Chemical Industries (BCI)
ENICHEM S.p.A.
Reza Chemical Industries
Others

What are the Challenge driving the Saudi Arabia Laundry Chemicals Market?

Cultural & Religious Sensitivities to Downturn the Demand for Laundry Chemicals – Laundry Chemicals typically contain ingredients derived from animals, such as enzymes or surfactants sourced from animal products. In addition, certain laundry chemicals, such as fabric softeners or stain removers, also contain alcohol as a solvent or preservative. Along with it, these laundry chemicals also have fragrances and essential oils to impart scents. Hence, these ingredients conflict with Islamic dietary laws or cultural preferences is hampering market growth.

Further, the government of Saudi Arabia is also imposing restrictions on the usage of certain ingredients in laundry chemicals to ensure compliance with cultural & religious sensitivities. As a result, the leading market players are now specifying labeling and packaging requirements for laundry chemicals, including clear identification of ingredients, safety warnings, and compliance with religious guidelines.

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