Key Market Indicators
The United States, France and the Netherlands respectively were numbers 2, 3 and 4 in this ranking. Soap sales are expected to reach almost $900 million by 2026, up from $815 million in 2020. This equates to a 1.4% year-on-year growth rate, compared to a 5.4% market average. Indonesia, Germany and the UK are the top three countries in this ranking. Meanwhile, German soap imports are predicted to hit 134.5 million kilograms by 2026, up from 116.2 million kilograms in 2021. This equates to an average annual growth rate of 2.5%, compared to a 4.7% rise since 1996. The US, Czech Republic and Russia are the next three countries in this ranking. Lastly, German soap exports are projected to reach 264.4 million kilograms by 2026, up from 235.5 million kilograms in 2021. This equates to a compound annual growth rate of 2%, compared to a 2.7% increase since 1996. The US, France and the Netherlands are the next three countries in this ranking.