Forecast: Export of Hair Shampoos from Mexico

The export of hair shampoos from Mexico experienced significant fluctuations between 2013 and 2023. After a considerable drop of 37.46% in 2014, exports continued to decline until 2016. A notable recovery occurred in 2017 with an increase of 49.42%, though it was followed by another dip in 2018. From 2019 onwards, the trend stabilized with modest annual variations. By 2023, the export volume stood at 103.64 million kilograms, reflecting a minor year-on-year growth of 0.84% and maintaining a 5-year CAGR of 2.41%.

For future trends, the forecast data indicates a steady incremental growth, with the export volume expected to reach 108.16 million kilograms by 2028. The forecasted 5-year CAGR stands at 0.67%, illustrating a period of gradual increase. Key trends to watch for include potential impacts from global market demand fluctuations, regulatory changes, and innovations in hair care products that could affect export volumes.

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