The Romanian market for pre-shave, shaving, and after-shave products has experienced fluctuations in recent years, with a notable decline since 2019. As of 2023, the market stands at 8.73 million euros, indicating a gradual decrease beginning with a 15.54% drop in 2019. The last five years reflect a negative compound annual growth rate of 6.33%, highlighting a consistent downward trend. Significant variation is evident, with recent years showing a persistent decline in market value.
Future trends to watch include:
- The potential impact of rising consumer preference for electric shavers and trimmers.
- Increasing demand for natural and organic grooming products.
- The effect of economic changes and consumer spending behaviors on personal care expenditures.
How does Romania rank in Pre-Shave, Shaving and After-Shave Products Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 39,068,000 | 2023 | -0.33% | +0.95% | View data |
| 2 | 2 Romania | 8,726,500 | 2023 | -5.83% | -6.33% | |
| 3 | 3 Greece | 7,218,500 | 2023 | -0.9% | -1.08% | View data |
| 4 | 4 Bulgaria | 5,760,500 | 2023 | -0.057% | -0.93% | View data |
| 5 | 5 Croatia | 5,013,100 | 2023 | -3.9% | -3.43% | View data |