Analysis of the Washing and Cleaning Preparations market size per capita in Armenia from 2013 to 2023 shows a fluctuating trend. In 2023, the market size stood at $21.73 per capita, reflecting a slight year-on-year decline of -0.32% from 2022. Over the last two years, there has been a minor decrease of -0.08% from 2021. The Compound Annual Growth Rate (CAGR) over the last five years highlights a modest growth of approximately 1.6% annually since 2018.
Future trends to watch for include:
- Potential impact of increased environmental awareness influencing cleaning product preferences.
- Economic fluctuations impacting disposable income and spending on non-essential items.
- Technological advancements in cleaning product formulations and delivery methods.
- Potential market saturation influencing the overall growth rate in the near term.
| # | 52 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 113.47 | 2023 | View data | ||
| 2 | 2 Austria | 112.97 | 2023 | View data | ||
| 3 | 3 Barbados | 105.33 | 2023 | View data | ||
| 4 | 4 New Zealand | 101.95 | 2023 | View data | ||
| 5 | 5 Norway | 93.23 | 2023 | View data | ||
| 37 | 37 Bulgaria | 22.62 | 2023 | View data | ||
| 38 | 38 Chile | 22.57 | 2023 | View data | ||
| 39 | 39 Armenia | 21.73 | 2023 | |||
| 40 | 40 Botswana | 19.96 | 2023 | View data | ||
| 41 | 41 El Salvador | 16.11 | 2023 | View data | ||
