The detergents and cleaning compounds market in Bulgaria demonstrated fluctuating volume trends over the past decade. By 2023, the market volume reached 86.989 million kilograms, marking slight year-on-year growth at 0.26%. Notably, the period was marked by a significant dip in 2020, dropping by 17.37%, but saw a robust recovery in the following years. The compound annual growth rate (CAGR) over the last five years was at 0.8%, indicating resilience and gradual growth post-2020.
Future trends to watch for include:
- Increasing demand for eco-friendly and bio-based products.
- Technological advancements in product formulations.
- Impact of regulatory changes on production and distribution.
How does Bulgaria 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 |
| 13 | 13 Finland | 102,610,000 | 2023 | +0.74% | +0.94% | View data |
| 14 | 14 Denmark | 92,427,000 | 2023 | -1.85% | -2.05% | View data |
| 15 | 15 Bulgaria | 86,989,000 | 2023 | +0.26% | +0.8% | |
| 16 | 16 Slovakia | 86,353,000 | 2023 | -0.88% | +3.49% | View data |
| 17 | 17 Lithuania | 35,879,000 | 2023 | +0.4% | -0.62% | View data |
