The importation of hair shampoos to Chile exhibited periodic fluctuations from 2013 through 2023, reflecting alternating growth and decline phases. Notably, the market witnessed a significant increase of 15.34% in 2018 followed by a consistent uptrend in subsequent years, culminating with a 2.36% increase in 2023, reaching a value of 78.84 million USD. The year-on-year variations over the last two years suggest incremental and steady growth, with a rise of 2.47% in 2022. The CAGR over the past five years was relatively modest at 1.42%.
Looking ahead, forecasted data suggest a continued growth trajectory, projecting an average annual variation (CAGR) of 1.79% from 2024 to 2028, leading to a forecasted import value of 88.344 million USD in 2028. This forecast encapsulates a total projected growth rate of 9.29% over the five-year period.
Future trends to watch for include potential changes in consumer preferences towards premium or organic hair care products, shifts in global trade policies affecting import costs, and the impact of local production capabilities that may influence the volume and value of hair shampoo imports to Chile.