From 2013 to 2023, the Personal Deodorants and Antiperspirants Market in Peru faced fluctuations, reaching a value of $144.95 million in 2023. Growth was uneven, with significant declines in 2016 and 2020, yet modest periods of recovery in 2021 and 2022. Year-on-year growth in 2022 and 2023 was slight, with increases of 0.8% and 0.77%, respectively. The 5-year CAGR until 2023 was 1.14%, suggesting a modest upward trajectory.
Future trends to watch for include:
- Potential for growth in eco-friendly and natural products as consumer preferences shift.
- Technological advancements in product formulation and delivery.
- Changing consumer behaviors and economic factors in Peru influencing demand.
How does Peru rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 16 | 16 Romania | 185,260,000 | 2023 | +1.86% | +0.94% | View data |
| 17 | 17 Belgium | 158,950,000 | 2023 | +0.2% | -1.77% | View data |
| 18 | 18 Peru | 144,950,000 | 2023 | +0.77% | +1.14% | |
| 19 | 19 Guatemala | 140,580,000 | 2023 | +2.51% | +0.32% | View data |
| 20 | 20 Israel | 129,320,000 | 2023 | +3.06% | +2.67% | View data |
