The soap market in Slovakia reached a size of $67.762 million by 2023, showcasing a steady growth over the years. Observing the recent trends, the market experienced a 5.51% year-on-year increase in 2023 and maintained a healthy compounded annual growth rate (CAGR) of 7.86% over the past five years. These metrics indicate a robust upward trend coming from a roughly $34 million market in 2013, more than doubling by 2023.
Future trends to watch for:
- Further innovation in eco-friendly and organic soap products aligning with global sustainability trends.
- Potential impacts from regulatory changes and increasing environmental concerns.
- Shifts towards digital marketing and online retail sales enhancing consumer reach and convenience.
| # | 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 |
| 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% | View data |
| 35 | 35 Slovakia | 67,762,000 | 2023 | +5.51% | +7.86% | |
| 36 | 36 Bulgaria | 67,134,000 | 2023 | +1.31% | +1.1% | View data |
| 37 | 37 Croatia | 53,730,000 | 2023 | +0.71% | -0.11% | View data |
