The hair shampoos market in Portugal has seen a downward trend from 2013 to 2023, with its size decreasing to 121.86 million USD by 2023. A significant drop was observed in 2015 and 2019, with high year-on-year negative percentages. From 2021 to 2023, the market continues to decline, with year-on-year reductions of around 3%. Over the last five years, the CAGR indicates an average decline of 4.03% annually, reflecting consistent decrease in market size.
In the future, the market may experience shifts driven by trends such as innovation in natural and organic ingredients, increased consumer awareness towards sustainable products, and brands expanding their digital presence to engage younger demographics.
How does Portugal rank in Hair Shampoos Market Size Value?
| # | 61 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 173,650,000,000 | 2023 | +48.25% | +385.32% | View data |
| 2 | 2 United States | 4,244,800,000 | 2023 | +2.55% | +2.58% | View data |
| 3 | 3 Japan | 1,234,400,000 | 2023 | +0.048% | -0.38% | View data |
| 4 | 4 United Kingdom | 1,211,600,000 | 2023 | +1.44% | +1.51% | View data |
| 5 | 5 France | 989,840,000 | 2023 | -0.21% | +1.7% | View data |
| 31 | 31 Guatemala | 135,100,000 | 2023 | +1.99% | +0.92% | View data |
| 32 | 32 Switzerland | 132,610,000 | 2023 | +1.58% | +1.05% | View data |
| 33 | 33 Portugal | 121,860,000 | 2023 | -3.21% | -4.03% | |
| 34 | 34 Greece | 113,650,000 | 2023 | -2.85% | -4.39% | View data |
| 35 | 35 Mexico | 107,750,000 | 2023 | -15.11% | -11.67% | View data |
