The Personal Deodorants and Antiperspirants market in Cyprus experienced a consistent decline from 2013 to 2023, decreasing from 15.352 million USD in 2013 to 7.3426 million USD in 2023. Over the last two years, the market shrank by 4.83% in 2022 and 4.97% in 2023, indicating a persistent downward trend. The Compound Annual Growth Rate (CAGR) over the last five years was negative, at -4.21%, highlighting a continuous reduction in market value.
Future trends to watch for include potential market stabilization or revitalization efforts, shifts in consumer preferences towards natural or sustainable products, and the impact of technological advancements in product formulation and marketing strategies.
How does Cyprus rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 52 | 52 Armenia | 10,194,000 | 2023 | -2.16% | -3.69% | View data |
| 53 | 53 Montenegro | 7,957,300 | 2023 | +1.42% | +1.16% | View data |
| 54 | 54 Cyprus | 7,342,600 | 2023 | -4.97% | -4.21% | |
| 55 | 55 Madagascar | 7,159,900 | 2023 | +3.48% | +5.76% | View data |
| 56 | 56 Jamaica | 5,082,600 | 2023 | -2.74% | -3.95% | View data |
