Between 2012 and 2022, the soap market size value per capita in South Africa showed fluctuations but generally maintained a stable trend. Starting at 5.46 USD in 2012, the value saw slight decreases in 2013 and 2014, followed by a consistent upward trajectory from 2015 to 2019, peaking at 5.69 USD. The market size experienced a minor dip in 2020, likely due to the economic impact of the COVID-19 pandemic, but began to recover from 2021 onwards. The year-on-year variation for the last two years indicated a small yet positive trend, with a 1.09% increase from 2020 to 2021 and a -0.18% drop from 2021 to 2022. Over the last five years, the CAGR remained relatively flat.
Future trends to watch for include potential market growth driven by increasing hygiene awareness post-pandemic, innovations in soap formulations targeting eco-conscious consumers, and the influence of economic conditions on consumer spending power. Keeping an eye on these factors will be crucial for predicting market shifts.
| # | 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 | ||
| 39 | 39 Dominican Republic | 6.24 | 2023 | View data | ||
| 40 | 40 Estonia | 5.76 | 2023 | View data | ||
| 41 | 41 South Africa | 5.6 | 2023 | |||
| 42 | 42 Kenya | 5.4 | 2023 | View data | ||
| 43 | 43 Argentina | 5.11 | 2023 | View data | ||
