Soap And Detergent Market in the United States
In value terms, soap and detergent production expanded modestly to $ in . The total output value increased at an average annual rate of +% over the period from 2013 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by %. Over the period under review, production reached the maximum level in and is likely to see steady growth in the near future.
The value of the soap and detergent market in the United States expanded significantly to $ in , rising 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 2013 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.