The dentifrices market in Peru showed moderate fluctuations over the past decade, concluding at $4.03 USD per capita in 2023. Notably, the market experienced a decline from 2013 to 2016, followed by a gradual recovery and slight increases from 2017 onward. The year-on-year growth over the last two years was modest: 0.5% from 2022 to 2023 and 0.5% from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years stood at approximately 0.4%, indicating a stable but slow growth trajectory.
Future trends to watch for include:
- Innovations in oral care products driving consumer interest.
- Increased consumer awareness about oral hygiene boosting market demand.
- Potential impacts of economic factors on consumer spending behavior.
- Shift towards natural and organic dentifrice products.
| # | 53 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 21.28 | 2023 | View data | ||
| 2 | 2 New Zealand | 20.94 | 2023 | View data | ||
| 3 | 3 Australia | 20.28 | 2023 | View data | ||
| 4 | 4 Israel | 20.03 | 2023 | View data | ||
| 5 | 5 Latvia | 19.29 | 2023 | View data | ||
| 43 | 43 Philippines | 4.22 | 2023 | View data | ||
| 44 | 44 Kazakhstan | 4.1 | 2023 | View data | ||
| 45 | 45 Peru | 4.03 | 2023 | |||
| 46 | 46 South Africa | 3.36 | 2023 | View data | ||
| 47 | 47 Armenia | 2.53 | 2023 | View data | ||