Key Market Indicators
Italy's production of cleaning compounds is set to reach €1.7 billion by 2026, down 6.4% from the 2021 value of €2.5 billion. Since 2013, the year-on-year decline has been 5.3%. In 2021, Italy held the third place in the ranking, behind Spain at €2.5 billion and the United Kingdom at fourth place. Consumption of cleaning compounds is expected to reach €4.4 billion by 2026, growing 0.6% year on year. Demand increased 1.2% year on year. In this ranking, Spain, the United Kingdom and France took the top three spots. Sales of cleaning compounds are forecasted to reach $40.2 million by 2026, down 0.1% from the 2020 value of $39.9 million. The market fell 0.8% year on year. Italy, Germany and Argentina occupied the top three positions in the ranking.