The forecast for household expenditure on personal care in Sweden indicates an upward trend from 573 Euros per capita in 2024 to 618 Euros per capita in 2028. This represents a consistent annual growth in spending. Compared to 2023, where the expenditure stood at 563 Euros per capita, the year-on-year percentage increases are:
- 2024: 1.8%
- 2025: 1.9%
- 2026: 1.9%
- 2027: 1.9%
- 2028: 2.0%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 1.9%, reflecting steady growth in the personal care sector.
Future trends to watch for include potential impacts of economic conditions, demographic shifts, and innovations in personal care products. Increased focus on organic and sustainable solutions may also drive changes in consumer spending behavior.
