In 2023, the soap market size in Bulgaria reached approximately 67.134 million USD, marking a year-on-year growth of 1.31%. Over the past decade, fluctuations were evident with notable drops in 2014 and 2015, followed by a recovery trend from 2016 onwards. From 2019 to 2023, the market exhibited steady growth with a five-year Compound Annual Growth Rate (CAGR) of 1.1%.
The future trends in the Bulgarian soap market to watch for include:
- Increasing consumer preference for organic and eco-friendly products.
- Expansion of e-commerce platforms boosting sales.
- Potential impact of global supply chain dynamics on pricing and availability.
| # | 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 |
| 34 | 34 Dominican Republic | 68,085,000 | 2023 | -0.62% | -0.86% | View data |
| 35 | 35 Slovakia | 67,762,000 | 2023 | +5.51% | +7.86% | View data |
| 36 | 36 Bulgaria | 67,134,000 | 2023 | +1.31% | +1.1% | |
| 37 | 37 Croatia | 53,730,000 | 2023 | +0.71% | -0.11% | View data |
| 38 | 38 Morocco | 52,590,000 | 2023 | -0.18% | -0.051% | View data |