The hair care market in Portugal fluctuated over the past decade, reaching a value of 56.758 million Euros in 2023. Despite the slight decline of 0.18% from 2022 to 2023, the average compound annual growth rate (CAGR) over the last five years stands at 0.09%. The market shows resilience, with varied growth patterns, such as a notable rise in 2016 and 2017, followed by stabilization in subsequent years.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly hair care products.
- Technological advancements in hair care solutions and formulations.
- Expansion in online retailing and digital marketing strategies.
How does Portugal rank in Hair Care Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 484,240,000 | 2023 | -2.12% | +1.12% | View data |
| 2 | 2 Spain | 364,700,000 | 2023 | -2.31% | +2.77% | View data |
| 3 | 3 France | 283,320,000 | 2023 | -2.75% | -3.08% | View data |
| 4 | 4 Poland | 97,318,000 | 2023 | -1.59% | -1.59% | View data |
| 5 | 5 Greece | 94,283,000 | 2023 | -2% | +0.99% | View data |
| 6 | 6 Portugal | 56,758,000 | 2023 | -0.18% | +0.09% | |
| 7 | 7 Finland | 40,244,000 | 2023 | +3.63% | +0.52% | View data |
| 8 | 8 Slovakia | 33,108,000 | 2023 | +4.61% | +3.43% | View data |
