The personal deodorants and antiperspirants market in Brunei saw fluctuating dynamics from 2013 to 2023. The market size in 2023 stood at $2.3401 million, representing a continued slight decline from 2022 at -0.87% year-on-year. Over the past decade, market value experienced a mixed trend, affected by several factors including consumer preferences and economic influences. The compound annual growth rate over the last five years was -1.24%. Notably, 2021 saw a brief recovery with a 4.33% increase year-on-year, indicating attempted rebounds amidst the downturns.
Future trends to watch include the increasing consumer shift towards natural and sustainable personal care products, which may influence market growth positively. The adoption of innovative product formulations and advanced grooming solutions presents potential for market expansion, while economic conditions and shifting consumer lifestyles could further affect market dynamics. Monitoring the global influence of sustainability movements may also provide insights into emerging consumer behaviors.
How does Brunei rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 57 | 57 Malta | 3,146,600 | 2023 | -0.086% | -0.32% | View data |
| 58 | 58 Iceland | 2,456,200 | 2023 | +1.47% | +3.74% | View data |
| 59 | 59 Brunei | 2,340,100 | 2023 | -0.87% | -1.24% | |
