Colombia Soap Market (2020-2026) | Forecast, Size, Analysis, Value, Industry, Growth, Outlook, Share, Revenue, Trends, Companies & COVID-19 IMPACT

Colombia Soap Market Synopsis

The soap market in Colombia is highly competitive and dominated by well-established brands. The industry has grown significantly over the past few years, with a compound annual growth rate of 4.2% between 2013 and 2017. This growth was mainly driven by increased disposable income levels, economic stability as well as new product launches targeted at specific consumer needs. In terms of market share, Unilever leads the way with about 30%, followed by domestic players FAB y Colgate-Palmolive which share around 25%. Private label products also account for an important part of total sales, representing 15-20% of the sector?s total value.

In terms of product preferences among Colombian consumers, liquid soaps are increasingly popular due to their convenience and practicality when compared to solid bars; approximately 60% of all purchases are now concentrated on these formats while bar soaps have been steadily losing ground since 2015. In terms of price segments, budget/economy products continue to dominate although mid-range prices are gaining traction as more sophisticated consumers become willing to pay a premium for quality items such as natural or organic alternatives that guarantee better results (e.g., moisturizing effects).

Key Highlights of the Report:

• Colombia Soap Market Outlook
• Market Size of Colombia Soap Market, 2019
• Forecast of Colombia Soap Market, 2026
• Historical Data and Forecast of Colombia Soap Revenues & Volume for the Period 2016 - 2026
• Colombia Soap Market Trend Evolution
• Colombia Soap Market Drivers and Challenges
• Colombia Soap Price Trends
• Colombia Soap Porter's Five Forces
• Colombia Soap Industry Life Cycle
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Bar Soap for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Liquid Soap for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Application for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Household for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Other for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Modern Trade for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Traditional Trade for the Period 2016 - 2026
• Historical Data and Forecast of Colombia Soap Market Revenues & Volume By Online for the Period 2016 - 2026
• Colombia Soap Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Distribution Channel
• Colombia Soap Top Companies Market Share
• Colombia Soap Competitive Benchmarking By Technical and Operational Parameters
• Colombia Soap Company Profiles
• Colombia Soap Key Strategic Recommendations

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