Cosmetics - Burkina Faso

  • Burkina Faso
  • The revenue generated in the Cosmetics market in Burkina Faso is projected to reach US$138.40m in 2024.
  • It is expected that the market will experience an annual growth rate of 4.90% (Compound Annual Growth Rate, CAGR) between 2024 and 2029.
  • When compared to other countries globally, in the United States leads in terms of revenue generated in the Cosmetics market, with an estimated amount of US$20,130m in 2024.
  • Considering the population figures, the per person revenue generated in Burkina Faso's Cosmetics market is expected to be US$5.81 in 2024.
  • Furthermore, it is predicted that by 2024, 99% of the sales in the Cosmetics market in Burkina Faso will be attributed to Non-Luxury.
  • The cosmetics market in Burkina Faso is experiencing a surge in demand for natural and organic beauty products.

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

 
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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.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Product Types
  • Global Comparison
  • Methodology
  • Key Market Indicators
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