The Saudi Arabia Laundry Chemicals Market size is expected to exhibit a growth rate (CAGR) of 4.39% during the forecast period, i.e., 2024-2030.
Saudi Arabia Laundry Chemicals Market Driver:
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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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Saudi Arabia Laundry Chemicals Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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)
- 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)
- 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)
- By Region
- South
- East
- West
- Central
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - 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,
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