The Dominican Republic's per capita soap market value showed fluctuation from 2013 to 2023, settling at USD 6.24 in 2023. The market saw a decline from 2014 to 2016, followed by an uptick in 2017 to 6.8 USD, and a gradual decrease through 2023. The market contracted by 1.25% in 2022 and 1.27% in 2023, signaling a steady downward trend recently. The 5-year CAGR reflects a mild decline, emphasizing a mature market with limited growth potential.
Looking forward, potential trends include increased demand for eco-friendly and organic products, innovation in product formulation, and targeting niche markets to drive value growth.
| # | 52 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 36.59 | 2023 | View data | ||
| 2 | 2 Norway | 30.26 | 2023 | View data | ||
| 3 | 3 Canada | 28.93 | 2023 | View data | ||
| 4 | 4 Guatemala | 26.94 | 2023 | View data | ||
| 5 | 5 Netherlands | 21.39 | 2023 | View data | ||
| 37 | 37 Bolivia | 6.71 | 2023 | View data | ||
| 38 | 38 Paraguay | 6.62 | 2023 | View data | ||
| 39 | 39 Dominican Republic | 6.24 | 2023 | |||
| 40 | 40 Estonia | 5.76 | 2023 | View data | ||
| 41 | 41 South Africa | 5.6 | 2023 | View data | ||
