The per capita value of the Manicure or Pedicure Preparations Market in New Zealand decreased steadily from 2013 to 2023. Starting at $6.11 in 2013, it reached $3.92 by 2023. This marks a significant decline of approximately 35.9% over the decade. The past two years alone saw a decrease from $4.31 in 2021 to $3.92 in 2023, reflecting a year-on-year decline of 4.6% in 2022 and 4.6% in 2023. The compound annual growth rate (CAGR) over the last five years indicates an average yearly decrease of 4.9%.

Future trends to watch for include:

Potential market stabilization as consumer behavior adjusts post-pandemic.
Emerging trends in sustainable and organic manicure preparations boosting market interest.
Impact of economic conditions on discretionary spending for beauty products.