The export of hair preparations from Malaysia stood at 39.576 million USD in 2023. Analyzing the trends over the past decade shows fluctuation with significant dips and modest rebounds. After a low of 37.744 million USD in 2015, there was a positive trend until 2017, followed by another dip in 2018. However, from 2019 to 2023, exports stabilized with minor year-on-year variations of around 0.58%-0.6%. The 5-year CAGR from 2018 to 2023 is 1.69%, suggesting a gradual recovery and stabilization in the market.

Future trends to watch for include:

Continued stabilization in the market as forecasted growth continues with a 5-year CAGR of 0.43% from 2023 to 2028.
Gradual annual growth, with exports expected to reach 40.655 million USD by 2028.
Potential market disruptions or innovations in hair care products that could influence export values.