Market Insights Consumer Beauty & Personal Care

Cosmetics - Cameroon

Cameroon

In Cameroon, the revenue generated in the Cosmetics market is estimated to reach US$217.30m in 2024.
It is projected to grow at an annual rate of 4.85% (CAGR 2024-2029).
When compared globally, in the United States is the leading market, generating US$20,130m in 2024.
In terms of per capita income, each person in Cameroon is expected to generate US$7.39 in revenue in 2024.
Non-Luxury will account for 82% of total sales in the Cosmetics market by 2024.
Cameroon is experiencing a rise in demand for natural and organic cosmetics, reflecting a growing consumer preference for sustainable and eco-friendly beauty products.

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.