The data shows that from 2013 to 2023, household expenditure on personal care in France increased gradually from €29.25 billion to €32.42 billion, with a noticeable dip in 2020 due to unforeseen circumstances, likely influenced by the COVID-19 pandemic. There was a strong recovery in 2021 and 2022, but the year-on-year growth rate in 2023 leveled out to 0.4%. Across the last five years, the compound annual growth rate (CAGR) was 0.79%. Moving forward from 2024 through 2028, the CAGR is forecasted to be around 0.92%, indicating a steady yet moderate rise.

Future trends to watch for:

Potential impacts of economic fluctuations or global events on disposable incomes.
Shifts in consumer preferences towards eco-friendly and sustainable personal care products.
Technological advancements in personal care products driving potential spikes in expenditure.