The Personal Deodorants and Antiperspirants market in Austria experienced significant fluctuations from 2012 to 2022. Between 2012 and 2013, the market saw impressive growth with increases of 17.03% and 34.69% year-on-year, respectively. After reaching a peak in 2013, the market experienced a moderate decline of 2.54% in 2014 and a marginal decrease of 2.61% in 2015.
From 2016 to 2019, the market maintained stability with modest growth rates ranging from 0.93% to 1.3%, while 2020 to 2021 marked slight declines of 1.55% and 1.57% respectively. By 2022, the market bounced back with a 2.56% increase year-on-year. The compound annual growth rate (CAGR) over the past five years was 0.39%, reflecting a relatively stagnated yet stable market.
As we move into 2024 and beyond, future trends to watch for include the potential impact of rising consumer preferences for natural and organic products, a growing emphasis on sustainable and eco-friendly packaging, and advancements in product formulations that offer enhanced skin benefits. Additionally, shifts in consumer lifestyle and increasing disposable incomes are likely to influence the market dynamics.
How does Austria rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 73,009,000 | 2023 | -4.25% | -3.97% | View data |
| 2 | 2 Romania | 51,050,000 | 2023 | +4.3% | +1.62% | View data |
| 3 | 3 Austria | 43,425,000 | 2023 | +3.51% | +1.05% | |
| 4 | 4 Greece | 25,889,000 | 2023 | -1.34% | -2.77% | View data |
| 5 | 5 Belgium | 23,651,000 | 2023 | -4.37% | -4.9% | View data |
