The shampoo market size in Germany has shown significant fluctuations over the past eleven years, exhibiting both periods of growth and decline. From 2012 to 2016, the market experienced strong growth, increasing from 361.33 million Euros to 521.95 million Euros. This was followed by a period of decline between 2017 and 2020, where market value consistently decreased, reaching a low of 479.95 million Euros in 2020. Recovery began in 2021, with values climbing back up to 519.7 million Euros by 2022. The year-on-year growth rates reflect these trends, with notable growth in the early years and periodic downturns, particularly between 2017 and 2020.
Key highlights:
- Recent year-on-year variations indicate a modest recovery: from 6.79% in 2021 to 1.4% in 2022.
- The CAGR over the last five years (2018-2022) stands at a modest 0.33%, reflecting the recovery phase post-decline.
- Future trends to monitor include consumer demand shifts towards natural and organic products, the impact of e-commerce growth, and potential economic influences post-pandemic.
How does Germany 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% | |
| 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 |