The Moroccan soap market per capita value has experienced minor fluctuations over the past decade. In 2023, the value per capita was $1.4. Observing the short-term trends between 2022 and 2023, the market saw a decline of approximately 0.7%. Analyzing the compound annual growth rate (CAGR) over the last five years from 2018 to 2023, there is an annual average decline of around 0.86%. These percentages illustrate a gradual contraction in the market’s per capita value over recent years.
Future trends to monitor include innovations in eco-friendly and sustainable soap products, as awareness and demand for environmentally conscious products continue to grow. Additionally, economic factors, such as inflation and consumer spending power in Morocco, will likely influence market performance moving forward.
| # | 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 | ||
| 50 | 50 Mexico | 2.23 | 2023 | View data | ||
| 51 | 51 Sri Lanka | 1.64 | 2023 | View data | ||
| 52 | 52 Morocco | 1.4 | 2023 | |||
