The personal deodorants and antiperspirants market in Spain has experienced a fluctuating trend from 2013 to 2023, with the market size value declining overall from 103.68 million euros in 2013 to 73.009 million euros in 2023. The market saw a peak revival in 2021, with a 12.62% year-on-year increase, but this was followed by sharp declines, notably an 18.61% drop in 2022 and a further 4.25% decrease in 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was -3.97%, highlighting the overall downward trend.
Future trends to watch for:
- Innovations in product formulations aimed at providing enhanced skin benefits.
- Growing demand for eco-friendly and sustainable packaging solutions.
- Influence of health and wellness trends on consumer preferences.
- The impact of inflation and economic factors on consumer spending behaviors.
How does Spain rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 73,009,000 | 2023 | -4.25% | -3.97% | |
| 2 | 2 Romania | 51,050,000 | 2023 | +4.3% | +1.62% | View data |
| 3 | 3 Austria | 43,425,000 | 2023 | +3.51% | +1.05% | View data |
| 4 | 4 Greece | 25,889,000 | 2023 | -1.34% | -2.77% | View data |
| 5 | 5 Belgium | 23,651,000 | 2023 | -4.37% | -4.9% | View data |
