Market Insights Consumer Beauty & Personal Care

Cosmetics - Bangladesh

Bangladesh

In 2024, the revenue in the Cosmetics market in Bangladesh amounts to US$1.29bn.
It is projected to grow annually by 3.74% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in the market, reaching US$20,130m in 2024.
In terms of per person revenues, in 2024, each individual in Bangladesh contributes US$7.38 to the total revenue.
Furthermore, by 2024, 83% of sales in the Cosmetics market in Bangladesh will be attributed to Non-Luxury.
The demand for natural and organic cosmetics in Bangladesh is rapidly growing, as consumers become more conscious about the ingredients they use on their skin.

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.