As of 2023, the average expenditure per household on personal deodorants in Canada stood at approximately 20.05 CAD. Moving forward, the forecasted data indicates a gradual increase, reaching 21.45 CAD by 2028. The year-on-year growth ranges from approximately 1.43% to 1.47% over the forecast period, with a compound annual growth rate (CAGR) of around 1.46% from 2024 to 2028.
Future trends to watch for include:
- Emerging consumer preferences for natural and eco-friendly deodorants.
- The impact of inflation and purchase power on spending behavior.
- Technological advancements in product formulation and delivery.
