The Solid Soap market size per capita in Australia saw fluctuations between 2013 and 2023. From 2013 to 2015, there was a modest rise from $18.29 to $18.52. A decline began in 2016, reaching $17.11 in 2017, followed by a more pronounced decrease to $14.75 in 2018. Subsequently, the market experienced unstable recovery up to 2023, ending at $14.92 US Dollars per capita. Between 2022-2023, the market decreased by 1%, while over the last five years, the CAGR hovered near -0.8%.
Future trends to watch for:
- Consumer preferences shifting towards eco-friendly products could impact solid soap market demand.
- Increasing awareness regarding hygiene and health benefits might drive market stabilization or growth.
- Economic factors and consumer purchasing power will continue influencing market dynamics.
