The per capita value of hair shampoos in Guatemala showed a gradual decline from 2013 to 2016, hitting a low at $6.96 in 2016. However, an upward trend was observed from 2017 onwards, with a significant increase in 2018, peaking at $7.9. The years 2019 to 2023 show minor fluctuations, with a very slight increment, stabilizing at $7.56 in 2023. Year-on-year changes in 2022 and 2023 indicated slight growth rates of approximately 0.13%. The compound annual growth rate (CAGR) over the last five years was modest, reflecting an average annual increase of around 1.16%.
Future trends to watch for include a shift towards organic and sustainable shampoo products, driven by increased consumer awareness and environmental concerns. Additionally, market players might focus on innovation in product formulations and digital marketing strategies to broaden their customer base.
| # | 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 | ||
| 42 | 42 Nicaragua | 8.07 | 2023 | View data | ||
| 43 | 43 Bosnia and Herzegovina | 7.91 | 2023 | View data | ||
| 44 | 44 Guatemala | 7.56 | 2023 | |||
| 45 | 45 Paraguay | 6.85 | 2023 | View data | ||
| 46 | 46 Hungary | 6.78 | 2023 | View data | ||
