The market for soap and organic surface-active products in Ireland exhibited fluctuations from 2013 through 2023, with a noticeable decline from 2013's value of 40.488 million Euros to 36.096 million Euros in 2023. The most significant decrease was during 2014-2017, followed by a recovery in 2018. Despite some volatility, the market experienced a positive trend with small year-on-year growth in 2021, 2022, and 2023. The Compound Annual Growth Rate (CAGR) over the last five years shows a slight negative figure of -1.1%, indicating a minor contraction.
Future trends to watch for:
- Increasing consumer awareness and demand towards eco-friendly and organic products could potentially drive future market growth.
- Regulatory changes emphasizing sustainability may influence market dynamics and demand patterns.
- Economic conditions and consumer spending power will continue to impact the market trajectory.
How does Ireland rank in Soap and Organic Surface-Active Products Market Size Value?
# | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 364,950,000 | 2023 | +1.35% | -0.031% | View data |
2 | 2 Germany | 355,670,000 | 2023 | +2.32% | -0.058% | View data |
3 | 3 France | 288,050,000 | 2023 | +3.03% | -0.46% | View data |
4 | 4 Ireland | 36,096,000 | 2023 | +0.25% | -1.1% | |
5 | 5 Austria | 29,068,000 | 2023 | +1.51% | -1.4% | View data |
6 | 6 Finland | 25,007,000 | 2023 | -0.23% | +4.06% | View data |