The Personal Deodorants and Antiperspirants market in Belgium experienced a fluctuating trend over the past decade. From 2012 to 2022, the market started at €35.912 million and saw peaks and troughs, ending at €24.73 million in 2022. The year-on-year variations reflect significant drops and moderate increases, with the most notable declines in 2014 (-11.5%) and 2015 (-22.13%). Conversely, growth periods such as 2013 (1.76%) and 2017 (7.95%) highlight the market's volatility. The compound annual growth rate (CAGR) from 2018 to 2022 stands at -3.49%, indicating a general declining trend.
Looking forward:
- Monitor changes in consumer preferences towards natural and organic products.
- Evaluate the impact of rising concerns about the health effects of certain chemicals used in deodorants and antiperspirants.
- Consider the influence of marketing strategies and product innovation on customer retention and acquisition.
- Account for potential economic factors influencing disposable incomes and spending habits.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 73,009,000 | 2023 | -4.25% | -3.97% | View data |
| 2 | 2 Romania | 51,050,000 | 2023 | +4.3% | +1.62% | View data |
| 3 | 3 Austria | 43,425,000 | 2023 | +3.51% | +1.05% | View data |
| 4 | 4 Greece | 25,889,000 | 2023 | -1.34% | -2.77% | View data |
| 5 | 5 Belgium | 23,651,000 | 2023 | -4.37% | -4.9% | |
| 6 | 6 Croatia | 18,389,000 | 2023 | +1.83% | +0.97% | View data |
| 7 | 7 Bulgaria | 18,152,000 | 2023 | +5.43% | +0.75% | View data |
