From 2013 to 2023, the soap market size value per capita in Bolivia showed a general upward trend, growing from $4.2 in 2013 to $6.71 in 2023. The market experienced fluctuations, with a notable dip in 2014, but demonstrated consistent growth from 2015 onwards.
In the last two years, there was a year-on-year increase of approximately 3.3% from 2021 to 2022, and about 2.9% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) averaged around 2.7%.
Future trends to watch for include the potential impact of economic conditions, changes in consumer preferences, and environmental concerns driving demand for eco-friendly soap products.
# | 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 | ||
35 | 35 Bosnia and Herzegovina | 7.05 | 2023 | View data | ||
36 | 36 Ecuador | 6.71 | 2023 | View data | ||
37 | 37 Bolivia | 6.71 | 2023 | |||
38 | 38 Paraguay | 6.62 | 2023 | View data | ||
39 | 39 Dominican Republic | 6.24 | 2023 | View data | ||