The hair shampoo market in Bosnia and Herzegovina has been on a declining trend from 2013 to 2023, with the market size standing at 25.336 million USD in 2023. The past two years showed an average year-on-year decrease of approximately 2%, and the last five years had a compound annual growth rate of -2.68%. This indicates a sustained contraction in market value over the decade.
Future trends to watch for include the growing demand for organic and eco-friendly products, as well as innovations in personalization and digital marketing strategies by companies aiming to revitalize market growth.
How does Bosnia and Herzegovina rank in Hair Shampoos Market Size Value?
| # | 61 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 173,650,000,000 | 2023 | +48.25% | +385.32% | View data |
| 2 | 2 United States | 4,244,800,000 | 2023 | +2.55% | +2.58% | View data |
| 3 | 3 Japan | 1,234,400,000 | 2023 | +0.048% | -0.38% | View data |
| 4 | 4 United Kingdom | 1,211,600,000 | 2023 | +1.44% | +1.51% | View data |
| 5 | 5 France | 989,840,000 | 2023 | -0.21% | +1.7% | View data |
| 47 | 47 Bulgaria | 34,334,000 | 2023 | -0.35% | -0.23% | View data |
| 48 | 48 Dominican Republic | 33,550,000 | 2023 | +1.56% | +1.42% | View data |
| 49 | 49 Bosnia and Herzegovina | 25,336,000 | 2023 | -2.12% | -2.68% | |
| 50 | 50 Latvia | 21,115,000 | 2023 | +0.73% | +0.53% | View data |
| 51 | 51 Slovenia | 19,997,000 | 2023 | -2.83% | -2.62% | View data |
