Key Market Indicators
Portuguese Cleaning Compound Production is projected to surge to €370 million by 2028 from €270 million in 2023, marking a 4.7% annual growth rate. Over the past decade, the country's supply has increased by an average of 8.6% annually. In 2023, Portugal ranked 14th globally in this sector, trailing Hungary, which also recorded €270 million in production. Spain, the United Kingdom, and Poland held the second, third, and fourth positions, respectively. On the consumption front, Portuguese demand for cleaning compounds is expected to reach approximately €800 million by 2028, up from €680 million in 2023. This reflects a 2.4% annual growth rate. Since 2013, demand has risen by an average of 4.7% each year. In terms of consumption rankings, Italy, the United Kingdom, and France occupied the second, third, and fourth slots, respectively.
