From 2013 to 2023, the hair shampoo market in Ecuador showed fluctuations in value per capita, dropping from $11.33 in 2013, before stabilizing around $9.59 to $10.15 from 2016 to 2018. A recovery phase was seen reaching $10.71 by 2019, followed by a dip to $9.98 in 2020. Recent years saw recovery with the value reaching $10.59 in 2023.
The market displayed a year-on-year increase in 2021 and maintained a growth trend into 2022-2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 is gentle, implying consistent but modest upward movement.
Future trends to watch include potential shifts in consumer preferences towards eco-friendly and natural products, as well as the impact of economic conditions on discretionary spending, which may influence per capita values.
| # | 55 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 33.91 | 2023 | View data | ||
| 2 | 2 Iceland | 31.41 | 2023 | View data | ||
| 3 | 3 Norway | 26.42 | 2023 | View data | ||
| 4 | 4 Denmark | 24.54 | 2023 | View data | ||
| 5 | 5 Australia | 20.8 | 2023 | View data | ||
| 29 | 29 Mauritius | 11.23 | 2023 | View data | ||
| 30 | 30 Greece | 10.73 | 2023 | View data | ||
| 31 | 31 Ecuador | 10.59 | 2023 | |||
| 32 | 32 Poland | 10.53 | 2023 | View data | ||
| 33 | 33 Japan | 9.84 | 2023 | View data | ||
