The hair shampoos market in Uruguay showed a consistent upward trend over the last decade, with per capita value rising from $14.51 in 2013 to $18.48 in 2023. Notable growth occurred between 2019 and 2023, with significant year-on-year improvements, particularly in 2022 and 2023, culminating at $18.48 in 2023. This represents a Compound Annual Growth Rate (CAGR) of approximately 2.29% over the last five years, indicating stable growth despite economic challenges, which included a dip in 2020.
Future trends to watch for include an increasing consumer inclination towards premium and natural products, possibly driving up per capita spending. Observing the shift towards sustainability, brands incorporating eco-friendly practices might gain a competitive edge, suggesting potential market expansions and adjustments in consumer preferences.
| # | 55 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 33.91 | 2023 | View data | ||
| 2 | 2 Iceland | 31.41 | 2023 | View data | ||
| 3 | 3 Norway | 26.42 | 2023 | View data | ||
| 4 | 4 Denmark | 24.54 | 2023 | View data | ||
| 5 | 5 Australia | 20.8 | 2023 | View data | ||
| 7 | 7 Sweden | 18.6 | 2023 | View data | ||
| 8 | 8 Austria | 18.58 | 2023 | View data | ||
| 9 | 9 Uruguay | 18.48 | 2023 | |||
| 10 | 10 United Kingdom | 17.42 | 2023 | View data | ||
| 11 | 11 Saudi Arabia | 17.37 | 2023 | View data | ||
