Household expenditure on personal care in Norway stood at 728 Euros per capita in 2023. In 2024, it is forecasted to increase to 740 Euros per capita, representing a year-on-year rise of 1.65%. The upward trend continues, with spending projected to reach 787 Euros per capita by 2028. This demonstrates a consistent annual growth rate across the forecast period. Notably, from 2025 to 2026, and from 2026 to 2027, the year-on-year variations are 1.60% and 1.44%, respectively. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.57%.
Future trends to watch for include shifts in consumer preferences towards sustainable and organic personal care products, as well as technological advances in the beauty and personal care sector that may influence spending behaviors and impact overall household expenditure.
