Over the past decade, the detergents and cleaning compound market in Belgium has experienced notable fluctuations. From 2012 to 2016, there was a significant and consistent decline in market volume, reaching a low in 2016. Starting in 2017, a modest recovery was observed with slight increases and stabilization until 2019. However, the market saw a notable dip again in 2021, followed by a minor recovery in 2022. Cumulatively, these variations represent a complex market environment with sporadic shifts and a general downward trend, as indicated by the overall CAGR of -1.33% over the last five years.
Future trends to watch for:
- Potential resurgence in demand for environmentally friendly and sustainable cleaning products.
- Technological advancements leading to more efficient and specialized cleaning solutions.
- Economic factors including raw material costs and consumer spending behavior affecting market volumes.
- Impact of post-COVID-19 hygiene awareness on product demand stabilization or growth.
How does Belgium rank in Detergents and Cleaning Coumpound Market Size Volume?
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,078,100,000 | 2023 | +4.44% | +5.61% | View data |
| 2 | 2 France | 1,537,300,000 | 2023 | +0.12% | -0.28% | View data |
| 3 | 3 Italy | 1,416,700,000 | 2023 | -1.15% | +0.42% | View data |
| 4 | 4 Poland | 389,910,000 | 2023 | -3.45% | -1.57% | View data |
| 5 | 5 Romania | 347,090,000 | 2023 | +1.8% | +0.42% | View data |
| 7 | 7 Netherlands | 278,550,000 | 2023 | +0.07% | +1.23% | View data |
| 8 | 8 Greece | 175,910,000 | 2023 | +1.36% | -0.14% | View data |
| 9 | 9 Belgium | 159,390,000 | 2023 | -7.43% | -4.44% | |
| 10 | 10 Sweden | 144,760,000 | 2023 | +0.24% | +0.86% | View data |
| 11 | 11 Croatia | 117,220,000 | 2023 | +0.88% | +0.34% | View data |
