The per capita value of the hair shampoo market in Cyprus experienced fluctuations between 2013 and 2023, peaking in 2014 at $20.35 and gradually declining to $14.09 in 2023. Year-on-year variations reflected a general decreasing trend, with a minor recovery in 2021 followed by slight declines. The compound annual growth rate (CAGR) over the last five years indicates a consistent downward trend, demonstrating a shrinking market value per capita for shampoos in Cyprus.
Future trends worth observing include:
- Innovation in sustainable and environmentally friendly products.
- Increasing demand for natural and organic ingredients.
- Market expansion influenced by changes in consumer hair care routines.
| # | 55 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 33.91 | 2023 | View data | ||
| 2 | 2 Iceland | 31.41 | 2023 | View data | ||
| 3 | 3 Norway | 26.42 | 2023 | View data | ||
| 4 | 4 Denmark | 24.54 | 2023 | View data | ||
| 5 | 5 Australia | 20.8 | 2023 | View data | ||
| 17 | 17 Singapore | 14.69 | 2023 | View data | ||
| 18 | 18 France | 14.64 | 2023 | View data | ||
| 19 | 19 Cyprus | 14.09 | 2023 | |||
| 20 | 20 Spain | 13.54 | 2023 | View data | ||
| 21 | 21 Estonia | 13.38 | 2023 | View data | ||
