Soap In Bars Market Overview in Sweden
In value terms, soap in bars production totaled $26M in 2010 estimated in export prices. Over the period under review, soap in bars production continues to indicate an extraordinary increase. The growth pace was the most rapid in 2010 with an increase of 73% year-to-year. In that year, soap in bars production reached its peak level and is likely to continue its growth in the immediate term.
The revenue of the soap in bars market in Sweden amounted to $36M in 2010, surging by 3.3% 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). Overall, the total market indicated a strong expansion from 2007 to 2010: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2010 figures, soap in bars consumption increased by +68.9% against 2007 indices. The most prominent rate of growth was recorded in 2009 with an increase of 59% year-to-year. Over the period under review, the soap in bars market attained its maximum level in 2010 and is likely to continue its 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 other than for toilet use.
In value terms, soap and organic surface-active products in bars for toilet use ($12M) and soap and organic surface-active products in bars other than for toilet use ($10M) were the products with the highest levels of market value in 2010.
Soap in bars other than for toilet use experienced the highest growth rate of market size, among the main consumed products over the period under review.