The shampoo market in Croatia experienced fluctuation in value over the last decade, peaking in 2019 at 22.078 million euros and decreasing thereafter, hitting 19.593 million euros in 2023. The compound annual growth rate over the past five years shows a decreasing trend of 1.3%. Specific upticks such as the 14.53% rise in 2018 contrast with declines post-2019, including a notable year-on-year reduction of 5.71% in 2021.
Future trends to watch for include:
- The impact of new product innovations and natural ingredient preferences.
- Growth in online retail affecting traditional sales channels.
- Consumer spending shifts due to economic conditions and potential impacts on discretionary products like shampoos.
How does Croatia rank in Shampoo Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 526,740,000 | 2023 | +1.35% | +1.04% | View data |
| 2 | 2 Spain | 265,250,000 | 2023 | -2.57% | -0.28% | View data |
| 3 | 3 Greece | 100,300,000 | 2023 | +2.86% | +4.24% | View data |
| 4 | 4 Poland | 80,131,000 | 2023 | -0.14% | +0.33% | View data |
| 5 | 5 Austria | 78,534,000 | 2023 | +4.45% | +3.51% | View data |
| 10 | 10 Slovakia | 24,278,000 | 2023 | +2.54% | +1.94% | View data |
| 11 | 11 Bulgaria | 24,124,000 | 2020 | +12.08% | +1.42% | View data |
| 12 | 12 Croatia | 19,593,000 | 2023 | -0.27% | -1.3% | |
| 13 | 13 Lithuania | 13,888,000 | 2023 | +1.64% | +2.83% | View data |
| 14 | 14 Latvia | 8,075,500 | 2023 | +2.57% | +2.27% | View data |
