Analysis of Soap Market Size Value Per Capita in Mexico reveals fluctuating trends over the past decade. From a high of $3.01 in 2014, the market experienced a decline, reaching $2.4 in 2022. The year-on-year variation for the last two years shows a decrease of 2% in 2021 and a further 1.6% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) indicates an average annual decrease of approximately 0.6%.
Future trends to watch for include shifts in consumer preferences towards eco-friendly and organic products and the impact of economic factors such as inflation and disposable income on market size. Additionally, innovations in product formulations and packaging could influence market dynamics.
| # | 52 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 36.59 | 2023 | View data | ||
| 2 | 2 Norway | 30.26 | 2023 | View data | ||
| 3 | 3 Canada | 28.93 | 2023 | View data | ||
| 4 | 4 Guatemala | 26.94 | 2023 | View data | ||
| 5 | 5 Netherlands | 21.39 | 2023 | View data | ||
| 48 | 48 Ethiopia | 3.31 | 2023 | View data | ||
| 49 | 49 Philippines | 3.29 | 2023 | View data | ||
| 50 | 50 Mexico | 2.23 | 2023 | |||
| 51 | 51 Sri Lanka | 1.64 | 2023 | View data | ||
| 52 | 52 Morocco | 1.4 | 2023 | View data | ||
