Key Market Indicators
Demand for Mosotho hair care products is set to grow over the next five years. It is currently estimated at $2.3 million, and is expected to reach $2.5 million by 2026. This represents an average growth of 1.5% year-on-year since 2008. In 2021, Mosotho ranked 115th in the world for hair care demand, with Bermuda taking the lead at $2.3 million. The United Kingdom, Germany and China took the second, third and fourth spots respectively. Exports of Mosotho hair care products are also predicted to rise between 2021 and 2026. They are currently valued at $6.9 million, and are expected to reach $8.2 million by 2026. This reflects an average growth rate of 2.8% year-on-year since 2008. In 2021, Mosotho was 115th in the world for hair care exports, with Mongolia in the lead at $6.9 million. The United States, Italy and France ranked second, third and fourth in this ranking.