From 2013 to 2023, the personal deodorants and antiperspirants market in Nicaragua exhibited steady growth, with the per capita value increasing from $5.82 to $7.31 in US Dollars. Notably, from 2021 to 2023, the market experienced a consistent upward trajectory with year-on-year increases. The compound annual growth rate (CAGR) over the past five years is positive, reflecting a healthy market expansion. In 2023, the market stands prominently at $7.31 per capita.
Future trends to watch for:
- Rising consumer awareness of personal hygiene could drive further market growth.
- An increased preference for eco-friendly and natural products might shape product offerings.
- The influence of global brands entering the market could intensify competition and innovation.
| # | 56 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.43 | 2023 | View data | ||
| 2 | 2 Ireland | 15.07 | 2023 | View data | ||
| 3 | 3 Uruguay | 14.88 | 2023 | View data | ||
| 4 | 4 Israel | 14.56 | 2023 | View data | ||
| 5 | 5 Chile | 13.8 | 2023 | View data | ||
| 26 | 26 Guatemala | 8.08 | 2023 | View data | ||
| 27 | 27 Portugal | 7.54 | 2023 | View data | ||
| 28 | 28 Nicaragua | 7.31 | 2023 | |||
| 29 | 29 Australia | 7.27 | 2023 | View data | ||
| 30 | 30 Italy | 6.79 | 2023 | View data | ||
