The Canadian market for soap, excluding solid soap, is forecasted to reach a value of 132.58 million USD in 2024. This represents consistent year-on-year growth, projected to increase to 137.72 million USD by 2028.

The average annual compound growth rate (CAGR) for the forecast period from 2024 to 2028 is stable. It is important to note that the last recorded actual value for this market in 2023 is essential for context, yet not provided here.

Future trends to watch for include:

Increasing consumer demand for eco-friendly and sustainable product formulations.
Regulations impacting production or imports influencing market dynamics.
Potential shifts in consumer preferences towards liquid and foam soap products.
Innovation in packaging and ingredients aimed at capturing market share.