The hair shampoo market size in Guatemala reached a value of $135.1 million in 2023, reflecting a moderate year-on-year increase of 1.99%. Over the last two years, the market has shown consistent growth with a rise of 3.75% in 2021 and 2.05% in 2022. Analyzing the last five years, the market experienced an average annual growth rate (CAGR) of 0.92%. Notably, the market has seen fluctuations over the past decade with significant growth observed in 2018 at 11.72%.
Future trends to watch for include increased demand for organic and natural shampoos due to rising consumer preference for eco-friendly products. Furthermore, the expanding middle class and increased urbanization are likely to spur further market growth.
How does Guatemala rank in Hair Shampoos Market Size Value?
| # | 61 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 173,650,000,000 | 2023 | +48.25% | +385.32% | View data |
| 2 | 2 United States | 4,244,800,000 | 2023 | +2.55% | +2.58% | View data |
| 3 | 3 Japan | 1,234,400,000 | 2023 | +0.048% | -0.38% | View data |
| 4 | 4 United Kingdom | 1,211,600,000 | 2023 | +1.44% | +1.51% | View data |
| 5 | 5 France | 989,840,000 | 2023 | -0.21% | +1.7% | View data |
| 29 | 29 Morocco | 143,160,000 | 2023 | +1.82% | +1.64% | View data |
| 30 | 30 Denmark | 141,210,000 | 2023 | +2.53% | +1.6% | View data |
| 31 | 31 Guatemala | 135,100,000 | 2023 | +1.99% | +0.92% | |
| 32 | 32 Switzerland | 132,610,000 | 2023 | +1.58% | +1.05% | View data |
| 33 | 33 Portugal | 121,860,000 | 2023 | -3.21% | -4.03% | View data |
