The hair shampoo market in Cyprus demonstrated fluctuations from 2013 to 2023. By 2023, the market size value stood at 17.194 million USD. Initial growth was observed in 2013 and 2014, followed by a sharp decline in 2015. The market showed minor recoveries and setbacks, with a substantial decrease during 2020. Over the past two years, a slight downward trend continued. The five-year CAGR indicates a moderate annual decline.
Future trends to watch for:
- Emergence of organic and eco-friendly products.
- Increased focus on personalized hair care solutions.
- Potential recovery post-pandemic disruptions, driven by innovative offerings.
How does Cyprus rank in Hair Shampoos Market Size Value?
| # | 61 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 173,650,000,000 | 2023 | +48.25% | +385.32% | View data |
| 2 | 2 United States | 4,244,800,000 | 2023 | +2.55% | +2.58% | View data |
| 3 | 3 Japan | 1,234,400,000 | 2023 | +0.048% | -0.38% | View data |
| 4 | 4 United Kingdom | 1,211,600,000 | 2023 | +1.44% | +1.51% | View data |
| 5 | 5 France | 989,840,000 | 2023 | -0.21% | +1.7% | View data |
| 52 | 52 Estonia | 19,496,000 | 2023 | +1.82% | +1.97% | View data |
| 53 | 53 Armenia | 17,514,000 | 2023 | -2.44% | -1.66% | View data |
| 54 | 54 Cyprus | 17,194,000 | 2023 | -1.64% | -1.51% | |
| 55 | 55 Mauritius | 14,237,000 | 2023 | +1.22% | +1.83% | View data |
| 56 | 56 Iceland | 11,558,000 | 2023 | +1.64% | +1.8% | View data |
