The historical data shows a significant fluctuation in the sold production of shampoos in the Netherlands from 2013 to 2023. The peak production was recorded in 2013, with a value of 21.803 million Euros. However, there has been a steady decline in the production values, notably steep from 2016 onwards. By 2023, the value has decreased to 9.8671 million Euros, representing a year-on-year decline of 12.37% and a five-year CAGR of -6.24%.
The forecasted data suggest a continuing downward trend, with production expected to drop to 3.1079 million Euros by 2028. This indicates a forecasted 5-year CAGR of -18.2% and a forecasted 5-year growth rate of -63.38%.
Future trends to watch for include potential market shifts towards sustainable and eco-friendly products, changes in consumer behavior post-pandemic, and increased competition from international brands. Monitoring these factors could provide insight into opportunities for stabilization or growth within the market.
