The hair shampoo market size per capita in Mexico has seen a consistent decline from 2012 to 2022. Starting from $2.93 USD per capita in 2012, the value experienced minor increases until 2014, peaking at $3.18. However, from 2015 onwards, the market size has steadily decreased, reaching $1.06 in 2022. This represents a significant downward trend over the last decade.
For the last two years, the year-on-year variation shows a decline of approximately 8.7% from 2021 to 2022, following a similar 9.6% decrease from 2020 to 2021. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decline of around 4.3%.
Looking ahead, potential future trends to watch include the increasing popularity of natural and organic products, the influence of economic conditions on consumer spending, and potential market innovations, such as customized and eco-friendly packaging. Adoption of these trends could potentially alter the declining trajectory of the market.
| # | 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 | ||
| 53 | 53 Jamaica | 1.74 | 2023 | View data | ||
| 54 | 54 South Africa | 1.39 | 2023 | View data | ||
| 55 | 55 Mexico | 0.92 | 2023 | |||
