The Solid Soap Market in the Philippines exhibited fluctuations between 2013 and 2023, with a value per capita of USD 1.3 in 2023. Notable year-on-year variations were seen, particularly observing an increase of 11.6% in 2019 and a steady pace afterward until 2023 where the market stabilized. From 2019 to 2023, there was a compound annual growth rate (CAGR) of 1.41%, indicating a slight upward trend, despite some intermediate declines.
Future trends to watch for include shifts towards sustainable and organic products, which could influence consumer preferences and potentially drive growth, alongside increased competition from liquid soap alternatives and innovations in packaging and formulation.
| # | 46 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bahrain | 16.82 | 2023 | View data | ||
| 2 | 2 Iceland | 16 | 2023 | View data | ||
| 3 | 3 Australia | 14.92 | 2023 | View data | ||
| 4 | 4 Saudi Arabia | 13.11 | 2023 | View data | ||
| 5 | 5 Austria | 12.81 | 2023 | View data | ||
| 42 | 42 Indonesia | 2.06 | 2023 | View data | ||
| 43 | 43 Mexico | 1.7 | 2023 | View data | ||
| 44 | 44 Philippines | 1.3 | 2023 | |||
| 45 | 45 Morocco | 0.94 | 2023 | View data | ||
| 46 | 46 Uganda | 0.68 | 2023 | View data | ||
