The Personal Deodorants and Antiperspirants market in Mexico has shown fluctuating trends over the past decade. In 2012, the per capita market size value was 2.96 USD, peaking in 2014 at 3.5 USD. However, it exhibited a downward trend from 2015, stabilizing at 1.73 USD in 2022. Over the last two years (2021-2022), the market saw a year-on-year decline of approximately -5.46%. The Compound Annual Growth Rate (CAGR) over the last five years (2017-2022) reflects a significant contraction of around -5.64%.
Looking ahead, market participants should watch for trends in consumer behavior shifting towards natural and sustainable products, technological improvements in product formulations, and an uptick in online sales channels. These factors could influence market recovery and growth in the near future.
| # | 56 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.43 | 2023 | View data | ||
| 2 | 2 Ireland | 15.07 | 2023 | View data | ||
| 3 | 3 Uruguay | 14.88 | 2023 | View data | ||
| 4 | 4 Israel | 14.56 | 2023 | View data | ||
| 5 | 5 Chile | 13.8 | 2023 | View data | ||
| 52 | 52 Jamaica | 1.69 | 2023 | View data | ||
| 53 | 53 Malaysia | 1.64 | 2023 | View data | ||
| 54 | 54 Mexico | 1.63 | 2023 | |||
| 55 | 55 Philippines | 0.89 | 2023 | View data | ||
| 56 | 56 Madagascar | 0.26 | 2023 | View data | ||
