Shampoo Market Overview in Belgium
In value terms, shampoo production totaled $ in 2019 estimated in export prices. In general, production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of % year-to-year. Shampoo production peaked in 2019 and is expected to retain growth in years to come.
The size of the shampoo market in Belgium surged to $ in 2019, jumping by % against 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). Overall, consumption posted a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of % year-to-year. Over the period under review, the market reached the maximum level in 2019 and is likely to see gradual growth in the near future.