The soap market size in Sweden per capita has shown a declining trend from 2013 to 2023, starting at $18.26 and reaching $11.06 by 2023, a substantial decrease over the decade. A notable downturn occurred after 2014 with the most significant drop between 2014 and 2015. The year-on-year decrease continued steadily from 2019 to 2023, with around a -3.31% change from 2022 to 2023. The five-year compound annual growth rate (CAGR) indicates an average annual decline of approximately 3.79%.
Future trends to watch include potential recovery fueled by eco-friendly and organic product innovations, alongside demographic shifts and changing consumer preferences that could stabilize or reverse the declining trajectory.
# | 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 | ||
21 | 21 Italy | 11.66 | 2023 | View data | ||
22 | 22 Slovakia | 11.3 | 2023 | View data | ||
23 | 23 Sweden | 11.06 | 2023 | |||
24 | 24 Lithuania | 10.71 | 2023 | View data | ||
25 | 25 Belgium | 10.41 | 2023 | View data | ||