Market Insights Consumer Beauty & Personal Care Personal Care

Shower & Bath - Colombia

Colombia

In Colombia, the revenue generated in the Shower & Bath market is estimated to reach €0.43bn in 2024.
It is projected to experience an annual growth rate of 7.59% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads the market with a revenue of €8,812m in 2024.
On a per person basis, the revenue generated in Colombia amounts to €8.30 in 2024.
Despite the growing popularity of luxurious shower and bath products in Colombia, there is still a strong preference for traditional, locally-made soaps and bath salts.

Key regions: Malaysia, United Arab Emirates, South Korea, Indonesia, United Kingdom

Mercado

Región

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Moneda

Methodology

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.