The analysis of Uruguay's dentifrices market from 2013 to 2023 shows a significant growth trend, with per capita values increasing from $4.7 to $6.22. After slight declines and fluctuations between 2013 and 2015, a upward movement was observed from 2016 onward, peaking in 2023. Notably, 2022 and 2023 recorded year-on-year increases of around 1.3% and 1.4% respectively. Over the last five years, the compound annual growth rate (CAGR) stood at approximately 2.0%, indicating healthy market growth.
Future trends to watch for include:
- The potential impact of inflation on consumer purchasing power.
- Growing demand for eco-friendly and sustainable dentifrice products.
- Technological advancements influencing new product formulations.
| # | 53 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 21.28 | 2023 | View data | ||
| 2 | 2 New Zealand | 20.94 | 2023 | View data | ||
| 3 | 3 Australia | 20.28 | 2023 | View data | ||
| 4 | 4 Israel | 20.03 | 2023 | View data | ||
| 5 | 5 Latvia | 19.29 | 2023 | View data | ||
| 33 | 33 Malta | 6.75 | 2023 | View data | ||
| 34 | 34 Spain | 6.34 | 2023 | View data | ||
| 35 | 35 Uruguay | 6.22 | 2023 | |||
| 36 | 36 Ecuador | 6.01 | 2023 | View data | ||
| 37 | 37 Guatemala | 5.12 | 2023 | View data | ||
