The Lithuanian soap market value per capita has experienced a steady growth from 2013 to 2023, increasing from $6.15 to $10.71. Between 2022 and 2023, there was a modest year-on-year increase of approximately 2.2%. Over the last five years, the compound annual growth rate (CAGR) was around 3.0%, indicating consistent expansion.
Future trends to watch for include potential market saturation as the per capita expenditure stabilizes and innovations in sustainable and luxury soap products, which may shift consumer preferences and influence market growth dynamics.
How does Lithuania rank in Soap Market Size Value Per Capita?
# | 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 | ||
22 | 22 Slovakia | 11.3 | 2023 | View data | ||
23 | 23 Sweden | 11.06 | 2023 | View data | ||
24 | 24 Lithuania | 10.71 | 2023 | |||
25 | 25 Belgium | 10.41 | 2023 | View data | ||
26 | 26 Peru | 9.76 | 2023 | View data | ||