The per capita value of the soap market in Ireland has demonstrated a downward trend from 2013 to 2023, starting at $32.47 and decreasing to $21.3 in 2023. Despite this decline, there was a temporary uptick in 2020, likely due to increased hygiene awareness during the COVID-19 pandemic, followed by a stabilization from 2021 to 2023. Year-on-year variations highlight a decrease from 2020 to 2023, with 2021 showing a slight decline of 1.35% and a subsequent steady fall of around 1.37% annually in subsequent years. Over the past five years, the market's CAGR stands at approximately -0.84%.
Looking ahead, potential market shifts could be driven by increased consumer demand for organic and eco-friendly soap products. Additionally, market recovery might be influenced by broader economic conditions and the implementation of sustainability trends in product manufacturing.
| # | 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 | ||
| 6 | 6 Ireland | 21.3 | 2023 | |||
| 7 | 7 Austria | 20.07 | 2023 | View data | ||
| 8 | 8 Nicaragua | 19.72 | 2023 | View data | ||
