Key Market Indicators
The country ranked number 9 in 2021, France came ahead with 702,640 Kilograms. The United States, China and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking. Global shampoo sales are projected to reach just over $3.5 million by 2026, a 0.5% increase each year since 2020, when sales totaled $3.4 million. Japan, the United Kingdom and France were the top three markets in 2020, and market growth was 1.8% year-over-year. Malagasy shampoo exports are expected to reach 7,070 kilograms by 2026, a 0.2% decrease from 2021's 7,160 kilograms. Since 1995, Malagasy shampoo supply has increased 61.7% annually. Algeria was the top exporter in 2021, with Germany, Italy and Poland following in second, third and fourth place, respectively. Malagasy shampoo imports are expected to reach 702,640 kilograms in 2026, an annual growth rate of 2.6% since 2021, when imports totaled 602,990 kilograms. Since 1995, Malagasy demand for shampoo has risen 9.6% each year. France was the leading importer in 2021, followed by the United States, China and the United Kingdom in second, third and fourth place, respectively.