Global Soap Market
Market Overview
The global soap market expanded modestly to $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the global market remained at a somewhat lower figure.
In value terms, soap production reached $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of % against the previous year. Global production peaked at $ in ; however, from to , production stood at a somewhat lower figure.
China ( tons) remains the largest soap producing country worldwide, comprising approx. % of total volume. Moreover, soap production in China exceeded the figures recorded by the second-largest producer, Indonesia ( tons), threefold. The third position in this ranking was taken by Mexico ( tons), with a % share.
From 2007 to, the average annual growth rate of volume in China stood at +%. In the other countries, the average annual rates were as follows: Indonesia (+% per year) and Mexico (+% per year).
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the global market remained at a somewhat lower figure.In value terms, soap production reached $
in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of % against the previous year. Global production peaked at $ in ; however, from to , production stood at a somewhat lower figure.China (
tons) remains the largest soap producing country worldwide, comprising approx. % of total volume. Moreover, soap production in China exceeded the figures recorded by the second-largest producer, Indonesia ( tons), threefold. The third position in this ranking was taken by Mexico ( tons), with a % share.From 2007 to
, the average annual growth rate of volume in China stood at +%. In the other countries, the average annual rates were as follows: Indonesia (+% per year) and Mexico (+% per year).Consumption
In , the amount of soap consumed worldwide stood at tons, picking up by % on . The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak volume of tons. From to , the growth of the global consumption failed to regain momentum.
The global soap market value expanded modestly to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the global market failed to regain momentum.
, the amount of soap consumed worldwide stood at tons, picking up by % on . The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak volume of tons. From to , the growth of the global consumption failed to regain momentum.The global soap market value expanded modestly to $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the global market failed to regain momentum.Consumption by Country
China ( tons) constituted the country with the largest volume of soap consumption, comprising approx. % of total volume. Moreover, soap consumption in China exceeded the figures recorded by the second-largest consumer, India ( tons), threefold. The United States ( tons) ranked third in terms of total consumption with a % share.
In China, soap consumption expanded at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+% per year) and the United States (-% per year).
In value terms, Japan ($), China ($) and the United States ($) were the countries with the highest levels of market value in , with a combined % share of the global market. India, Pakistan, Brazil, the Philippines, Nigeria, Bangladesh, the UK, Italy, Mexico and Indonesia lagged somewhat behind, together comprising a further %.
In terms of the main consuming countries, the Philippines, with a CAGR of +%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In, the highest levels of soap per capita consumption was registered in Italy ( kg per person), followed by the UK ( kg per person), Japan ( kg per person) and the United States ( kg per person), while the world average per capita consumption of soap was estimated at kg per person.
In Italy, soap per capita consumption increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: the UK (-% per year) and Japan (-% per year).
tons) constituted the country with the largest volume of soap consumption, comprising approx. % of total volume. Moreover, soap consumption in China exceeded the figures recorded by the second-largest consumer, India ( tons), threefold. The United States ( tons) ranked third in terms of total consumption with a % share.In China, soap consumption expanded at an average annual rate of +
% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+% per year) and the United States (-% per year).In value terms, Japan ($
), China ($) and the United States ($) were the countries with the highest levels of market value in , with a combined % share of the global market. India, Pakistan, Brazil, the Philippines, Nigeria, Bangladesh, the UK, Italy, Mexico and Indonesia lagged somewhat behind, together comprising a further %.In terms of the main consuming countries, the Philippines, with a CAGR of +
%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.In
, the highest levels of soap per capita consumption was registered in Italy ( kg per person), followed by the UK ( kg per person), Japan ( kg per person) and the United States ( kg per person), while the world average per capita consumption of soap was estimated at kg per person.In Italy, soap per capita consumption increased at an average annual rate of +
% over the period from 2007-. In the other countries, the average annual rates were as follows: the UK (-% per year) and Japan (-% per year).Market Forecast
Driven by increasing demand for soap worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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