The import of hair lacquers to Saudi Arabia stood at 151.76 thousand kilograms in 2023. Forecasts from 2024 to 2028 indicate a declining trend. With 2024 marking imports at 140.81 thousand kilograms, we observe a year-on-year decrease of 8.3% from 2023. For the subsequent years, the volume further decreases annually: 2025 at 129.76 thousand kilograms (-7.9%), 2026 at 118.92 thousand kilograms (-8.4%), 2027 at 108.3 thousand kilograms (-8.9%), and 2028 at 97.89 thousand kilograms (-9.6%). The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -8.6%.
Future trends to watch for may include changes in consumer behavior towards haircare products, potential regulatory changes affecting imports, and the impact of local production capabilities. Additionally, shifts in fashion trends and economic conditions could significantly influence the import volumes of hair lacquers.
