Shampoo Market Overview in Belgium
In value terms, shampoo production reached $ in 2019 estimated in export prices. In general, production enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. Over the period under review, production attained the maximum level in 2019 and is likely to see gradual growth in the immediate term.
The value of the shampoo market in Belgium stood at $ in 2019, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the market value increased by % y-o-y. Shampoo consumption peaked in 2019 and is likely to see gradual growth in years to come.