From 2012 to 2022, the hair shampoo market size in Canada experienced fluctuations with notable periods of decline between 2013 and 2015. Both 2014 and 2015 reported negative year-on-year variations of -2.31% and -0.8% respectively. However, from 2016 onward, the market regained momentum, reporting consistent growth with an annual year-on-year increase, peaking at 6.51% growth in 2018.
The growth trend continued more moderately from 2019 onwards, with 2021 showing minimal gains at 0.21%, and a slight improvement to 1.03% in 2022. The five-year compound annual growth rate (CAGR) from 2018 to 2022 was 2.71%.
Looking ahead into 2024, it is essential to monitor shifts in consumer preferences, potential disruptions from new entrants, and trends in sustainable and natural product lines that could influence market dynamics.
How does Canada 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% | View data |
| 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 |
| 6 | 6 Russia | 836,100,000 | 2023 | +0.019% | +0.71% | View data |
| 7 | 7 Spain | 799,740,000 | 2023 | +7.32% | +8.64% | View data |
| 8 | 8 Canada | 777,260,000 | 2023 | +0.76% | +1.63% | |
| 9 | 9 Germany | 769,580,000 | 2023 | +1.3% | +1.31% | View data |
| 10 | 10 Italy | 708,050,000 | 2023 | +0.84% | +1.21% | View data |
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