The detergents and cleaning compound market in Portugal, measured in volume, stood at 321.08 million kilograms in 2023. Over the past decade, the market experienced fluctuations, peaking at 372 million kilograms in 2017. The recent decline seen since 2018 shows a slow recovery with positive yet modest growth of less than 1% in both 2022 and 2023. The compound annual growth rate (CAGR) for the last five years indicates an average annual contraction of 1.62%.
Future trends to watch for include:
- Increased demand for eco-friendly and sustainable cleaning products.
- Potential market recovery with innovative product offerings.
- Shifts in consumer preferences towards concentrated products reducing volume usage.
How does Portugal rank in Detergents and Cleaning Coumpound Market Size Volume?
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,078,100,000 | 2023 | +4.44% | +5.61% | View data |
| 2 | 2 France | 1,537,300,000 | 2023 | +0.12% | -0.28% | View data |
| 3 | 3 Italy | 1,416,700,000 | 2023 | -1.15% | +0.42% | View data |
| 4 | 4 Poland | 389,910,000 | 2023 | -3.45% | -1.57% | View data |
| 5 | 5 Romania | 347,090,000 | 2023 | +1.8% | +0.42% | View data |
| 6 | 6 Portugal | 321,080,000 | 2023 | +0.95% | -1.62% | |
| 7 | 7 Netherlands | 278,550,000 | 2023 | +0.07% | +1.23% | View data |
| 8 | 8 Greece | 175,910,000 | 2023 | +1.36% | -0.14% | View data |