The personal deodorants and antiperspirants market in Saudi Arabia stood at 325.16 million USD in 2023. This market experienced a year-on-year variation of 1.77% from 2022 to 2023, reflecting moderate growth. Over the past five years, the CAGR stood at 2.41%, indicating consistent but cautious growth. Looking into the future, from 2024 onwards, the market is forecasted to see more subdued annual growth, with a forecasted 5-year CAGR of 1.37% and an overall growth rate of 7.02% by 2028.
Trends to watch for:
- Increased consumer demand for natural and organic products.
- Growing awareness of personal hygiene and wellness.
- Introduction of innovative products by major brands.
- Potential market fluctuations due to economic conditions and consumer spending habits.