The Nicaraguan hair shampoos market has shown a notable growth trajectory with values increasing from USD 6.56 per capita in 2013 to USD 8.07 in 2023. The year-on-year variations indicate a fluctuating yet steady increase, particularly over the last two years, where the per capita value saw increments of 1.53% in 2022 and 1.51% in 2023. The past five-year Compound Annual Growth Rate (CAGR) stands at approximately 1.97%, showcasing continued growth despite year-to-year fluctuations.
Future trends to watch include a potential shift towards natural and organic products, which are increasingly favored by consumers globally. Market players may also explore innovative formulations and sustainable packaging to capture consumer interest and a larger market share.
| # | 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 | ||
| 40 | 40 Bolivia | 8.65 | 2023 | View data | ||
| 41 | 41 Colombia | 8.24 | 2023 | View data | ||
| 42 | 42 Nicaragua | 8.07 | 2023 | |||
| 43 | 43 Bosnia and Herzegovina | 7.91 | 2023 | View data | ||
| 44 | 44 Guatemala | 7.56 | 2023 | View data | ||
