The import of hair shampoos to Singapore in 2023 stood at 19.6 million kilograms. Forecasted data from 2024 to 2028 indicates a steady increase in volumes. The year-on-year variation is approximately 2.4% from 2023 to 2024, 2.4% from 2024 to 2025, 2.3% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.1% from 2027 to 2028. This translates into a 2.3% CAGR over the five-year period.
Future trends to watch for:
- Changes in consumer preferences or shifts towards natural or organic products.
- Potential impacts of global trade policies affecting importation dynamics.
- Technological advancements in shampoo formulation and packaging.
