The Personal Deodorants and Antiperspirants market in Lithuania has shown steady growth over the past decade, reaching a market size value of 9.8547 million Euros in 2023. The market demonstrated fluctuations with notable growth between 2018 and 2020, a slight decline in 2021, and a recovery thereafter. Year-on-year percentage variations highlight growth in 2022 and a steady increase in 2023, with a CAGR of 3.06% over the last five years, reflecting moderate yet consistent expansion.
Future trends to watch for include:
- Increasing consumer preference for eco-friendly and natural ingredients.
- Rising demand for innovative product delivery methods, such as roll-ons and sprays.
- Potential market impact of regulatory changes related to health and safety standards.
- Increased competition with regional and global brands offering diversified product lines.
How does Lithuania 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% | View data |
| 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 |
| 7 | 7 Bulgaria | 18,152,000 | 2023 | +5.43% | +0.75% | View data |
| 8 | 8 Finland | 16,209,000 | 2023 | -0.12% | -1.78% | View data |
| 9 | 9 Lithuania | 9,854,700 | 2023 | +3.48% | +3.06% | |
| 10 | 10 Slovenia | 8,578,200 | 2023 | +2.67% | +1.75% | View data |
| 11 | 11 Estonia | 7,091,400 | 2023 | +4.79% | +0.49% | View data |
