The soap market in Peru reached a value of 322.51 million USD in 2023, showing a modest growth trend. Over the last decade, the market has experienced fluctuations with notable declines in 2018 and 2020. From 2019 to 2023, the year-on-year growth was predominantly positive, albeit at a slow pace. The five-year compound annual growth rate (CAGR) from 2019 to 2023 stood at 1.93%, indicating stable market dynamics.
Looking ahead, trends to monitor include:
- Increased demand for organic and eco-friendly products.
- Potential impact of economic conditions on purchasing power.
- Influence of global supply chain disruptions on product availability and pricing.
| # | 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 |
| 13 | 13 Philippines | 363,270,000 | 2023 | +2.19% | +2.32% | View data |
| 14 | 14 South Africa | 345,240,000 | 2023 | +1.32% | +0.98% | View data |
| 15 | 15 Peru | 322,510,000 | 2023 | +1.61% | +1.93% | |
| 16 | 16 Poland | 316,570,000 | 2023 | +0.22% | +0.16% | View data |
| 17 | 17 Kenya | 311,500,000 | 2023 | +7.72% | +9.67% | View data |
