The detergents and cleaning compounds market in Greece, valued at 308.62 million euros in 2023, experienced shifts over the past decade with notable fluctuations. After peaking in 2016, the market saw a significant dip in 2017, followed by a moderate recovery. The past two years reflected stability with minor year-on-year declines of 0.53% and 0.77% in 2022 and 2023, respectively. The market's CAGR over the past five years was a negative 0.76%, indicating an overall slight downward trend.
Future trends to watch for:
- Emergence of eco-friendly and sustainable products as consumer awareness grows.
- Potential market recovery driven by post-pandemic consumer behavior changes.
- Digitalization and e-commerce could reshape distribution channels and access.
How does Greece rank in Detergents and Cleaning Coumpound Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,083,400,000 | 2023 | -0.21% | +2.35% | View data |
| 2 | 2 United Kingdom | 936,370,000 | 2023 | -5.98% | -5.03% | View data |
| 3 | 3 Portugal | 410,230,000 | 2023 | -0.71% | +1.76% | View data |
| 4 | 4 Ireland | 311,890,000 | 2023 | +5.05% | +7.76% | View data |
| 5 | 5 Greece | 308,620,000 | 2023 | -0.77% | -0.76% | |
| 6 | 6 Sweden | 237,160,000 | 2023 | -0.31% | -0.63% | View data |
| 7 | 7 Finland | 227,710,000 | 2023 | +0.46% | +1.45% | View data |