The market size value per capita for Pre-Shave, Shaving, and After Shaving preparations in Peru has shown a declining trend from 2013 to 2023, decreasing from $0.43 in 2013 to $0.2 in 2023, representing a steady decline in consumer spending per capita in this category over the decade.
Year-on-year analysis displays a substantial decrease during the period, with variations of around 4.76% from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years reveals a decline, indicating ongoing contraction in the per capita spending.
Trends to watch for in the future include potential market recovery influenced by product innovations, changes in consumer grooming habits, and economic factors that might affect disposable income and consumer expenditure patterns in Peru.
