Indonesia's hair shampoo export volume stood at 14.811 million kilograms in 2023. Over the past two years, the volume increased by 2.25% in 2023 and 2.35% in 2022. The Compound Annual Growth Rate (CAGR) for the last five years is 3%, showing a moderately stable increasing trend since 2019. From a longer-term perspective, the export volume of hair shampoos has experienced fluctuations, such as a significant 20.34% rise in 2016 followed by a -13.38% decline in 2017. The forecasted CAGR from 2023 to 2028 is 1.71%, with an overall anticipated growth rate of 8.87% over these five years.
Future trends to watch for:
- Potential impact of global economic conditions on export volumes.
- Shifts in consumer preferences towards natural or organic products.
- Expansion into new geographic markets and its effects on export volumes.
- Regulatory changes in key markets affecting export dynamics.
