Soap In Bars Market Overview in Peru
In value terms, soap in bars production totaled $11M in 2010 estimated in export prices. The total output value increased at an average annual rate of +9.8% over the period from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of 20% against the previous year. Over the period under review, soap in bars production attained its peak figure level in 2010 and is expected to retain its growth in the immediate term.
The revenue of the soap in bars market in Peru amounted to $46M in 2010, increasing by 8.5% 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 +9.7% over the period from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 when the market value increased by 26% y-o-y. Soap in bars consumption peaked in 2010 and is likely to see steady growth in the near future.
From 2007 to 2010, the most notable rate of growth in terms of soap in bars consumption, amongst the main consumed products, was attained by soap in bars for toilet use.
In value terms, the most traded types of soap and organic surface-active products in bars in Peru were soap and organic surface-active products in bars for toilet use ($26M) and soap and organic surface-active products in bars other than for toilet use ($22M).
Soap in bars for toilet use recorded the highest rates of growth with regard to market size, in terms of the main consumed products over the period under review.