The export of hair shampoos from the Philippines has been on a downward trend from its peak value in 2023. Year-on-year analysis shows significant decreases forecasted from 2024 to 2028, starting at 407.13 thousand kilograms in 2024 and dropping to 138.88 thousand kilograms by 2028. This indicates a consistent decrease, with a forecasted compound annual growth rate (CAGR) reflecting an average decline of 24.8% per year over the five-year period from 2024 to 2028.
Future trends to watch for include shifts in international demand, changes in consumer preferences, and potential market disruptions such as economic downturns or new competitive products entering the market. Monitoring these factors can provide insights into whether the downward trend will continue or if there may be opportunities for market stabilization or growth.
