The hair care market in Finland experienced fluctuating growth from 2012 to 2022, with significant variations in market size value. While there were notable declines in 2014 and 2020, the years 2017 and 2019 showed strong positive growth. Despite these fluctuations, the market ended on a relatively stable note with minimal year-on-year increases from 2021 to 2022.
Year-on-Year Variations:
- 2012: -1.68%
- 2013: 0.38%
- 2014: -10.47%
- 2015: 6.75%
- 2016: -2.74%
- 2017: 19.48%
- 2018: -7.2%
- 2019: 8.51%
- 2020: -13.89%
- 2021: 3.6%
- 2022: 0.1%
The compound annual growth rate (CAGR) also varied over different periods, with a notable decline of -2.1% in 2022. However, a positive CAGR of 1.43% for 2021 suggests a potential recovery trend.
As we move into 2024, the hair care market in Finland is showing cautious optimism. Trends to watch for include increased demand for natural and organic products, technological advancements in hair care treatments, and the growing influence of e-commerce on product distribution.
How does Finland rank in Hair Care Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 484,240,000 | 2023 | -2.12% | +1.12% | View data |
| 2 | 2 Spain | 364,700,000 | 2023 | -2.31% | +2.77% | View data |
| 3 | 3 France | 283,320,000 | 2023 | -2.75% | -3.08% | View data |
| 4 | 4 Poland | 97,318,000 | 2023 | -1.59% | -1.59% | View data |
| 5 | 5 Greece | 94,283,000 | 2023 | -2% | +0.99% | View data |
| 6 | 6 Portugal | 56,758,000 | 2023 | -0.18% | +0.09% | View data |
| 7 | 7 Finland | 40,244,000 | 2023 | +3.63% | +0.52% | |
| 8 | 8 Slovakia | 33,108,000 | 2023 | +4.61% | +3.43% | View data |
| 9 | 9 Croatia | 25,585,000 | 2023 | +0.068% | +0.94% | View data |
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