The Hungarian hair shampoo market reached a value of 67.003 million USD in 2023. An analysis of the past two years indicates a stable increase, with year-on-year growth rates of 1.87% in 2022 and 1.82% in 2023. Over the last five years, the market has experienced an average annual growth (CAGR) of 1.37%, showing moderate and consistent expansion. A significant drop occurred in 2015 and 2020, but the industry managed to recover, showing resilience post-2020.
Future trends to watch include:
- The influence of consumer preferences towards environmentally friendly and organic shampoos on market growth.
- Technological advancements in hair care formulations that may drive innovation.
- Potential economic factors affecting consumer spending power and discretionary purchases in the personal care sector.
- The impact of e-commerce expansion on traditional retail distribution channels.
How does Hungary 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 |
| 38 | 38 Singapore | 84,793,000 | 2023 | +0.99% | +0.5% | View data |
| 39 | 39 South Africa | 83,995,000 | 2023 | -0.18% | -0.69% | View data |
| 40 | 40 Hungary | 67,003,000 | 2023 | +1.82% | +1.37% | |
| 41 | 41 Uruguay | 64,262,000 | 2023 | +1.46% | +2.44% | View data |
| 42 | 42 Croatia | 58,744,000 | 2023 | +0.68% | +0.47% | View data |
