From 2012 to 2022, the hair shampoo market in South Africa experienced a general downward trend in value per capita, initially dropping from 1.84 to a low of 1.32 in 2015, before showing a modest recovery thereafter. Notably, there was a slight uptick from 2016 through 2021, peaking again at 1.51 in 2018, though the overall decade saw a downward trajectory.
In 2022, the value per capita stood at 1.4 percent USD. For 2023, the market sustained a slight decline. Year-on-year variation indicates a decrease of 1.4 percent from 2021 to 2022. The CAGR from 2018 to 2022 has been relatively flat, displaying a small negative average variation per year over the last five years.
Future trends to watch for include the potential for an uptick driven by new product innovations, increasing consumer consciousness about hair health, and economic factors that may affect disposable income and spending habits on personal care items.
| # | 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 | ||
| 52 | 52 Namibia | 2.88 | 2023 | View data | ||
| 53 | 53 Jamaica | 1.74 | 2023 | View data | ||
| 54 | 54 South Africa | 1.39 | 2023 | |||
| 55 | 55 Mexico | 0.92 | 2023 | View data | ||