Forecast: Personal Deodorants and Antiperspirants Market Size Value in Turkey

The personal deodorants and antiperspirants market in Turkey has exhibited a downward trend from 2013 through 2023. The value in 2023 stood at 165.56 million USD, reflecting a consistent decline over the years. Specifically, the year-on-year variation from 2022 to 2023 was a decrease of 1.73%, while the average annual decline (CAGR) over the last five years (2019-2023) was -1.2%. Looking forward, the forecast for the five-year period from 2024 to 2028 indicates an average annual decline (CAGR) of -1.53%, which results in a cumulative projected market decrease of 7.41% by 2028.

Future trends to watch for:

  • Potential shifts in consumer preferences towards natural or organic products.
  • Market impact of economic fluctuations and consumer purchasing power.
  • Innovations and advancements in product formulations and packaging.
  • Marketing and promotional strategies by leading brands to reignite market interest.
  • Regulatory changes affecting product ingredients and safety standards.

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