The Argentine soap market experienced fluctuations from 2012 to 2022, with per capita values peaking at 7.99 in 2013 and declining to 5.61 in 2022. This represents a notable decrease in market size per capita. In the short term, a negative trend persisted, with recent years showing further decline. Specifically, between 2021 and 2022, there was a drop in value of 1.75%. The market shrank at an average annual rate (CAGR) of approximately -2.87% over the last five years, indicating ongoing challenges.
Looking ahead, emerging trends could alter the market landscape. Key factors include economic recovery, consumer spending patterns, and increasing emphasis on hygiene and sustainability. Monitoring regulatory developments and innovations in product formulations could provide insights into potential market growth areas.
| # | 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 | ||
| 41 | 41 South Africa | 5.6 | 2023 | View data | ||
| 42 | 42 Kenya | 5.4 | 2023 | View data | ||
| 43 | 43 Argentina | 5.11 | 2023 | |||
| 44 | 44 Indonesia | 5.07 | 2023 | View data | ||
| 45 | 45 Armenia | 5.06 | 2023 | View data | ||
