From 2012 to 2022, the Finnish shampoo market exhibited fluctuating values, peaking at 30.83 million Euros in 2022. The market saw significant annual variations, particularly notable:* 2014's 8.76% decline* 2017’s 20.02% surge* 2019’s 8.86% increase* 2020’s 8.14% drop.The last two years (2021-2022) returned stable year-on-year increases of 5.91% and 0.43%, respectively. The compound annual growth rate (CAGR) over the last five years stands at a modest 0.49%, indicating a slow yet stabilizing growth trend.
Future trends to watch include the impact of e-commerce expansion on market penetration, shifting consumer preferences towards sustainable and organic products, and potential market consolidations. These factors may influence the market dynamics and growth trajectory in the coming years.
How does Finland rank in Shampoo Market Size Value?
# | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 526,740,000 | 2023 | +1.35% | +1.04% | View data |
2 | 2 Spain | 265,250,000 | 2023 | -2.57% | -0.28% | View data |
3 | 3 Greece | 100,300,000 | 2023 | +2.86% | +4.24% | View data |
4 | 4 Poland | 80,131,000 | 2023 | -0.14% | +0.33% | View data |
5 | 5 Austria | 78,534,000 | 2023 | +4.45% | +3.51% | View data |
6 | 6 Ireland | 60,437,000 | 2023 | +0.61% | +2.1% | View data |
7 | 7 Portugal | 53,680,000 | 2023 | +0.69% | +0.065% | View data |
8 | 8 Finland | 30,719,000 | 2023 | +1.61% | +1.17% | |
9 | 9 Hungary | 30,213,000 | 2023 | +5.28% | +8.37% | View data |
10 | 10 Slovakia | 24,278,000 | 2023 | +2.54% | +1.94% | View data |