From 2013 to 2023, the solid soap market value per capita in Malta showed a noticeable decline from 6.6 USD to 3.76 USD. Between 2022 and 2023, the market value decreased by approximately 4.6%, indicating a continuing downward trend. The five-year compound annual growth rate (CAGR) also reflects this decline at around a 6% decrease per annum.
Future trends to watch for include a potential shift in consumer preferences towards liquid or alternative hygienic products, pushing traditional solid soap demand further down. Environmental sustainability trends might favor eco-friendly soaps, which could stabilize or even revive the market slightly.
| # | 46 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bahrain | 16.82 | 2023 | View data | ||
| 2 | 2 Iceland | 16 | 2023 | View data | ||
| 3 | 3 Australia | 14.92 | 2023 | View data | ||
| 4 | 4 Saudi Arabia | 13.11 | 2023 | View data | ||
| 5 | 5 Austria | 12.81 | 2023 | View data | ||
| 33 | 33 Ecuador | 3.96 | 2023 | View data | ||
| 34 | 34 Bulgaria | 3.81 | 2023 | View data | ||
| 35 | 35 Malta | 3.76 | 2023 | |||
| 36 | 36 South Africa | 3.28 | 2023 | View data | ||
| 37 | 37 Latvia | 3.19 | 2023 | View data | ||
