The Solid Soap (Not for Toilet Use) market in Mexico has seen a decline from 2013 to 2023, with the per capita value dropping from $0.56 to $0.38. Over the last two years, the market experienced a year-on-year decrease of 2.44% in 2022 and 5% in 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 is approximately -4.74%, illustrating a steady contraction of the market over the five years.
Future trends to watch for include potential market shifts due to environmental concerns encouraging the use of eco-friendly solid soaps, new product innovations, or changing consumer preferences influenced by sustainability and organic product trends. Monitoring shifts in consumer behavior and potential economic impacts on discretionary spending will be crucial for market forecasting.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 6.73 | 2023 | View data | ||
| 2 | 2 Norway | 6.65 | 2023 | View data | ||
| 3 | 3 Lithuania | 4.37 | 2023 | View data | ||
| 4 | 4 Japan | 4.26 | 2023 | View data | ||
| 5 | 5 Lebanon | 3.22 | 2023 | View data | ||
| 15 | 15 Uganda | 0.95 | 2023 | View data | ||
| 16 | 16 Bosnia and Herzegovina | 0.67 | 2023 | View data | ||
| 17 | 17 Mexico | 0.38 | 2023 | |||
| 18 | 18 Ukraine | 0.19 | 2023 | View data | ||
