Forecast: Personal Deodorants and Antiperspirants Market Size Value Per Capita in Chile

The personal deodorants and antiperspirants market in Chile is experiencing a steady decrease in per capita expenditure from 2024 to 2028. In 2023, the value stood at $13.80 USD per capita, marking the beginning of this downward trend. From 2024 onwards, the values are forecasted as follows: 2024 at $13.74 USD, 2025 at $13.68 USD, 2026 at $13.63 USD, 2027 at $13.58 USD, and 2028 at $13.52 USD.

Year-on-year percentage variation shows a marginal decline each year. Specifically:

  • 2024: -0.43%
  • 2025: -0.44%
  • 2026: -0.37%
  • 2027: -0.37%
  • 2028: -0.44%
The compound annual growth rate (CAGR) over the forecasted five-year period is approximately -0.41%.

Future trends to watch for include potential shifts in consumer preferences towards natural or eco-friendly deodorant options, which may impact the market dynamics. Additionally, economic factors such as changes in disposable income and inflation rates could further influence expenditure patterns in this segment.