The Personal Deodorants and Antiperspirants market in Saudi Arabia exhibited considerable growth in the early years, with values increasing from 216.1 million USD in 2012 to 319.52 million USD in 2022. This growth was accompanied by noticeable fluctuations, including both positive and negative year-on-year variations. Notably, there were significant dips in 2017 and 2020, with the market contracting by -12.54% and -4.17%, respectively.
Overall, the market showed resilience with an average annual growth rate (CAGR) of 3.41% over the past 5 years, indicating a moderate upward trend despite periodic setbacks. Particularly, the market rebounded with a 7.27% increase in 2021 and a small increment in 2022.
Future trends to watch for in this market include increased consumer interest in natural and organic products, advancement in product formulations for better efficacy, and rising preference for sustainable and environmentally friendly packaging. Monitoring the impact of these factors could provide strategic insights for capturing future growth in the market.
How does Saudi Arabia rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 7 | 7 Canada | 406,370,000 | 2023 | -0.33% | -0.53% | View data |
| 8 | 8 Russia | 340,600,000 | 2023 | -3.13% | -2.65% | View data |
| 9 | 9 Saudi Arabia | 325,160,000 | 2023 | +1.77% | +2.41% | |
| 10 | 10 Colombia | 277,560,000 | 2023 | +0.85% | +0.59% | View data |
| 11 | 11 Chile | 266,960,000 | 2023 | +0.21% | -0.31% | View data |
