From 2012 to 2022, the Hair Shampoos Market in Belgium demonstrated a fluctuating growth trend in value per capita. The market value grew steadily from 2012 to 2014, dropping slightly in 2015, then recovering from 2016 onwards with some variance. Notable declines occurred in 2018 and 2020, but the market showed resilience with consistent growth up to 2022.
The market observed a year-on-year increase of approximately 5.6% from 2021 to 2022. However, the compound annual growth rate (CAGR) over the past five years was around 1.1%, indicating moderate growth and market stability. These metrics reflect a relatively stable market with slight growth fluctuations due to various factors, including economic conditions and consumer preferences.
Moving forward, trends to monitor include:
- Increasing demand for natural and organic hair care products
- Technological advancements in product formulations
- Growing consumer awareness about hair care routines
- Potential emergence of innovative distribution channels
