Market Insights Consumer Beauty & Personal Care Personal Care

Deodorants - Ethiopia

Ethiopia

In 2024, the Deodorants market in Ethiopia is projected to generate a revenue of US$269.50m.
According to the CAGR (Compound Annual Growth Rate) for the period of 2024-2029, the market is expected to grow annually by 3.53%.
When compared to other countries globally, in the United States leads the market with a revenue of US$5,784m in 2024.
In terms of per person revenues, in Ethiopia generates US$2.08 in 2024.
Ethiopia's deodorant market is experiencing a surge in demand due to the country's growing urban population and increasing focus on personal hygiene.

Key regions: United Arab Emirates, Canada, Malaysia, Indonesia, Singapore

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.