In 2023, the soap market size value in Israel stood at 155.35 million US dollars, indicating a marginal decline of 0.19% from the previous year. Over the past decade, the market has experienced fluctuations, peaking in 2013 and witnessing a general downtrend afterwards, with some recoveries, notably in 2021. The compound annual growth rate (CAGR) over the last five years stands at approximately -0.048%, reflecting a relatively stable but slightly contracting market landscape.
Future trends to watch for:
- Increased consumer focus on sustainability and eco-friendly products, potentially driving demand for natural and organic soaps.
- Growing health and hygiene awareness post-pandemic, possibly influencing market dynamics.
- Technological advances in soap formulation and packaging, which could attract new consumer segments.
- Potential economic factors that may impact consumer spending power and market growth.
| # | 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 |
| 20 | 20 Austria | 181,080,000 | 2023 | +0.035% | -0.19% | View data |
| 21 | 21 Norway | 164,840,000 | 2023 | +0.71% | -0.054% | View data |
| 22 | 22 Israel | 155,350,000 | 2023 | -0.19% | -0.048% | |
| 23 | 23 Kazakhstan | 144,780,000 | 2023 | -1.37% | -1.29% | View data |
| 24 | 24 Nicaragua | 131,280,000 | 2023 | +1.98% | +1.42% | View data |
