The soap market in Spain experienced fluctuations from 2012 to 2022. Starting at $371.21 million in 2012, it peaked at $391.16 million in 2013 but saw a notable decline through 2015, reaching $324.38 million. A gradual recovery took place from 2016 to 2019, with values fluctuating around the $350-$380 million range. In 2020, the market dropped to $352.66 million, potentially influenced by external factors. Subsequent years saw modest recovery, with 2021 reaching $370.51 million and stabilizing slightly lower at $369.82 million in 2022.
- Year-on-year variations have shown significant changes, with a notable dip in 2014 (-10.27%) and a rise in 2018 (7.6%).
- Over the last five years, the CAGR indicated moderate growth with variations, peaking at 2.17% in 2021.
- Actual market stood just shy of $370 million in 2023.
Future trends to watch for include potential market stabilization or growth due to increased consumer awareness about hygiene, innovations in eco-friendly products, and shifts in consumer preferences towards premium and organic soap brands.
| # | 52 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,657,200,000 | 2023 | +4.14% | +5.44% | View data |
| 2 | 2 United Kingdom | 1,148,200,000 | 2023 | -0.26% | +0.39% | View data |
| 3 | 3 Germany | 1,113,300,000 | 2023 | +0.59% | -0.38% | View data |
| 4 | 4 France | 1,070,200,000 | 2023 | -0.84% | -1.46% | View data |
| 5 | 5 Canada | 1,029,900,000 | 2023 | -1.1% | -1.46% | View data |
| 9 | 9 Guatemala | 454,830,000 | 2023 | +3% | +3.53% | View data |
| 10 | 10 Ethiopia | 372,670,000 | 2023 | +2.66% | +3.2% | View data |
| 11 | 11 Spain | 369,140,000 | 2023 | -0.18% | +0.59% | |
| 12 | 12 Netherlands | 364,750,000 | 2023 | +1.78% | +3.36% | View data |
| 13 | 13 Philippines | 363,270,000 | 2023 | +2.19% | +2.32% | View data |
