Market Insights Consumer Beauty & Personal Care

Cosmetics - Algeria

Algeria

In 2024, the revenue in the Cosmetics market in Algeria amounts to US$281.20m.
It is projected to grow annually by 1.52% (CAGR 2024-2029).
Compared to other countries around Worldwide, in the United States generates the highest revenue in the Cosmetics market, with US$20,130m in 2024.
In terms of per capita revenue, each person in Algeria generates US$6.08 in 2024.
Additionally, by 2024, 86% of the sales in the Cosmetics market will be attributed to Non-Luxury.
Algeria's cosmetics market is experiencing a surge in demand for natural and organic products, as consumers prioritize sustainability and eco-consciousness.

Key regions: Malaysia, Singapore, Worldwide, Indonesia, India

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Methodology

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.