The Hair Shampoo market in Antigua and Barbuda has shown steady growth from 2013 to 2023, increasing from $537.5k to $654.46k. The market exhibited a temporary decline in 2020, possibly due to the pandemic, followed by a rebound in 2021 with a significant growth rate of 6.51%. Despite slower growth in 2022 and 2023, the average annual growth rate over the past five years remains positive at 1.19%.
Future trends to watch for include:
- Potential impacts of changing consumer preferences towards organic and eco-friendly products.
- Influence of digital marketing and e-commerce on market dynamics.
- Economic recovery and its effect on consumer spending in the beauty industry.