The average expenditure per household on body soaps in Canada is projected to increase steadily from CAD 70.6 in 2024 to CAD 77.3 in 2028. In 2023, expenditures stood at CAD 69. With year-on-year growth, there is an approximate annual increase of 2.4%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be around 2.3%.

Future trends to watch for:

Innovation in sustainable and eco-friendly body soaps, which may drive higher market penetration.
Changes in consumer preferences toward premium and organic products could influence expenditure patterns.
Potential economic shifts impacting household spending power in Canada.