The forecasted export of personal deodorants and antiperspirants from Malaysia shows a consistent decline from 2024 to 2028. Starting at 777.37 thousand kilograms in 2024, it decreases slightly each year to reach 766.15 thousand kilograms by 2028. This represents a gradual but continuous downward trend, with a year-on-year percentage decrease remaining steady. The Compound Annual Growth Rate (CAGR) over this five-year period illustrates a negative growth, indicating a shrinking export market for Malaysian personal deodorants and antiperspirants.
Looking ahead, it’s crucial to monitor potential factors that could influence these trends, including changes in global consumer preferences, advancements in product formulations, and shifts in international trade policies. Enhancements in product eco-friendliness and effectiveness, as well as strategic market expansions, could potentially reverse this declining trend.
