In 2023, the export volume of hair shampoos from Vietnam stood at 9.26 million kilograms. Historical data reveals a fluctuating trend in the last decade, with a significant decline from 11.35 million kg in 2013 to 7.34 million kg in 2017, followed by a gradual recovery. The year-on-year variations highlight notable dips and rises, with -25.86% in 2015 and a peak positive variation of 14.6% in 2016. CAGR data indicates an average annual increase of 2.75% from 2018 to 2023, reflecting moderate growth.
Future trends suggest a continuous albeit slow growth, with a forecasted 5-year CAGR of 1.89% from 2023 to 2028, leading to an estimated export volume of 10.44 million kg by 2028. This projected growth underscores a steady upward trajectory for Vietnam's hair shampoo exports, emphasizing the importance of maintaining competitive quality and pricing in the international market.
Future trends to watch for:
- Emerging markets and potential new trade agreements.
- Shift in consumer preferences towards organic and eco-friendly shampoo products.
- Impact of global economic fluctuations on export demand.
- Technological advancements in production and distribution efficiency.
