Key Market Indicators
Shampoo sales are set to reach US$87 million by 2026, up from US$83 million in 2020. This growth is estimated to be 0.8% year on year CAGR, despite a decrease of 0.2% in 2020. Japan, the United Kingdom and France were the top three countries in this ranking respectively. Singaporean demand for shampoo imports is expected to see an average growth of 1.9% year on year, reaching 20,921,000 kilograms by 2026 from 18,659,000 kilograms in 2021. Since 2005, demand for shampoo in Singapore has seen an average increase of 2.2% year on year. Singaporean shampoo exports are forecasted to grow at a CAGR of 2.2%, reaching 16,471,000 kilograms by 2026 from 14,483,000 kilograms in 2021. Singapore saw a 1.9% year on year increase since 2005. In 2021, Singapore was ranked 23rd in the world, overtaken by Colombia with 14,483,000 kilograms. Germany, Italy and Poland took the second, third and fourth spots in this ranking respectively.
