The Personal Deodorants and Antiperspirants market in Jamaica experienced a fluctuating trend from 2013 to 2023, with a notable decline over this period. The market stood at $5.0826 million in 2023, further marking a steady decrease from its 2013 value. Recent years show a negative year-on-year variation, with -2.74% in 2023 and -2.72% in 2022. The compound annual growth rate (CAGR) over the last five years was -3.95%, indicating a consistent downward trend.
Looking ahead, future trends to watch for include:
- Potential market recovery driven by increased consumer demand for natural and organic products.
- Influence of global health trends pushing sustainability and environmental retail strategies.
- Impact of technological advancements on product formulations and packaging.
- Expansion of e-commerce and online retail channels enhancing market reach.
How does Jamaica rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 54 | 54 Cyprus | 7,342,600 | 2023 | -4.97% | -4.21% | View data |
| 55 | 55 Madagascar | 7,159,900 | 2023 | +3.48% | +5.76% | View data |
| 56 | 56 Jamaica | 5,082,600 | 2023 | -2.74% | -3.95% | |
| 57 | 57 Malta | 3,146,600 | 2023 | -0.086% | -0.32% | View data |
| 58 | 58 Iceland | 2,456,200 | 2023 | +1.47% | +3.74% | View data |