The soap market size in Paraguay demonstrated considerable fluctuation over the past decade, reaching a value of $47.576 million in 2023. Initial years showed declines, with a notable dip in 2014. Recovery began in 2015, peaking in 2019, followed by a slight contraction in 2020. Post-2020, the market showed progressive growth, with a year-on-year increase of 1.26% between 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) averaged 1.11%, reflecting moderate, consistent expansion.
Future trends to watch include increased consumer awareness of sustainability, driving demand for eco-friendly products, and the impact of economic conditions on consumer disposable income, influencing purchasing power in the soap market.
| # | 52 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,657,200,000 | 2023 | +4.14% | +5.44% | View data |
| 2 | 2 United Kingdom | 1,148,200,000 | 2023 | -0.26% | +0.39% | View data |
| 3 | 3 Germany | 1,113,300,000 | 2023 | +0.59% | -0.38% | View data |
| 4 | 4 France | 1,070,200,000 | 2023 | -0.84% | -1.46% | View data |
| 5 | 5 Canada | 1,029,900,000 | 2023 | -1.1% | -1.46% | View data |
| 38 | 38 Morocco | 52,590,000 | 2023 | -0.18% | -0.051% | View data |
| 39 | 39 Honduras | 50,342,000 | 2023 | +1.3% | +0.85% | View data |
| 40 | 40 Paraguay | 47,576,000 | 2023 | +1.26% | +1.11% | |
| 41 | 41 Slovenia | 38,732,000 | 2023 | +1.54% | +2.14% | View data |
| 42 | 42 Sri Lanka | 36,029,000 | 2023 | +2.02% | +2.01% | View data |
