The US hair shampoo market demonstrated consistent growth from 2012 to 2019, with notable increases in value ranging from 7.51% to 16.44% year-on-year. However, growth began to stabilize and slightly decline in 2020 due to the global pandemic, with a -2.2% year-on-year variation. Post-2020, the market rebounded with an 8.21% increase in 2021, stabilizing again in 2022 with a 2.67% year-on-year increase. The compound annual growth rate (CAGR) over the last five years, from 2017 to 2022, averaged 3.18%. As of 2023, the hair shampoo market value in the US has shown steady growth, continuing to affirm its essential consumer product status.
Future trends to watch for include:
- Increased demand for organic and natural ingredient shampoos.
- Rising interest in personalized and specialized hair care products.
- E-commerce growth influencing purchasing patterns.
- Innovations in sustainable and environmentally friendly packaging.
How does the United States rank in Hair Shampoos Market Size Value?
# | 61 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Finland | 173,650,000,000 | 2023 | +48.25% | +385.32% | View data |
2 | 2 United States | 4,244,800,000 | 2023 | +2.55% | +2.58% | |
3 | 3 Japan | 1,234,400,000 | 2023 | +0.048% | -0.38% | View data |
4 | 4 United Kingdom | 1,211,600,000 | 2023 | +1.44% | +1.51% | View data |
5 | 5 France | 989,840,000 | 2023 | -0.21% | +1.7% | View data |