The Solid Soap Market Size Value Per Capita in Colombia has been on a declining trend from 2013 to 2023. The data indicates a steady decrease in per capita expenditure on solid soap, reaching $2.93 in 2023 from $4.04 in 2013. The year-on-year decline for the last two years shows a decrease of 3.2% from 2021 to 2022 and a 3.0% decline from 2022 to 2023. Over the last five years (2019-2023), the compound annual growth rate (CAGR) has averaged a decrease of about 2.5% per year.
Future trends to watch for include:
- Shifts towards liquid soap alternatives may further impact solid soap sales.
- Increasing awareness of sustainability could drive interest in eco-friendly solid soaps.
- Economic factors and fluctuations in disposable income may influence consumer purchasing decisions in the hygiene product sector.
| # | 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 | ||
| 37 | 37 Latvia | 3.19 | 2023 | View data | ||
| 38 | 38 Armenia | 3.05 | 2023 | View data | ||
| 39 | 39 Colombia | 2.93 | 2023 | |||
| 40 | 40 Belarus | 2.62 | 2023 | View data | ||
| 41 | 41 Zambia | 2.13 | 2023 | View data | ||
