The hair shampoos market in Singapore showed varied trends over the years. Between 2012 and 2015, the market experienced significant growth, peaking at 84.253 million USD in 2015, showing a CAGR of 9.15%. However, from 2016 to 2020, the market faced volatility, with a notable decline, indicating weakening consumer demand or market saturation. Post-2020, the market began a recovery phase, with an uptrend noted in 2021 and 2022. The last five years' CAGR, which reflects the average yearly variation, stood at -0.25%, suggesting a relatively stable but marginally declining market over the recent period.
Future trends to watch for in the Singapore hair shampoo market in 2024 include:
- Increasing consumer preference for eco-friendly and natural ingredient-based products
- Rising demand for specialized shampoos catering to specific hair care needs
- Impact of digital and e-commerce channels on market dynamics
- Potential market expansion driven by innovation and premium product lines
How does Singapore 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 |
36 | 36 Bolivia | 100,150,000 | 2023 | +2.53% | +2.28% | View data |
37 | 37 Ireland | 93,489,000 | 2023 | -2.42% | -1.11% | View data |
38 | 38 Singapore | 84,793,000 | 2023 | +0.99% | +0.5% | |
39 | 39 South Africa | 83,995,000 | 2023 | -0.18% | -0.69% | View data |
40 | 40 Hungary | 67,003,000 | 2023 | +1.82% | +1.37% | View data |