The soap market size in the Dominican Republic was valued at $68.085 million in 2023. Over the past decade, the market exhibited fluctuations with a noticeable decline from 2013 to 2016, a recovery in 2017, and relative stabilization post-2017. Years 2020 to 2023 show a slight negative trend with year-on-year variations averaging -0.62%, and a five-year CAGR of -0.86%. This suggests a moderate decline in market value.
Future trends to watch for include potential growth driven by increasing personal hygiene awareness, new product innovations, and sustainability initiatives. Monitoring economic conditions and consumer preferences will be crucial in predicting future market directions.
| # | 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 |
| 32 | 32 Finland | 87,549,000 | 2023 | +1.23% | +1.5% | View data |
| 33 | 33 Bolivia | 81,077,000 | 2023 | +4.16% | +3.71% | View data |
| 34 | 34 Dominican Republic | 68,085,000 | 2023 | -0.62% | -0.86% | |
| 35 | 35 Slovakia | 67,762,000 | 2023 | +5.51% | +7.86% | View data |
| 36 | 36 Bulgaria | 67,134,000 | 2023 | +1.31% | +1.1% | View data |
