Market Insights Consumer Beauty & Personal Care

Cosmetics - Central Asia

Central Asia

In Central Asia, the revenue in the Cosmetics market in 2024 amounts to US$554.80m.
Looking ahead, the market is projected to grow annually by 4.95% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in the Cosmetics market, with US$20,130m in 2024.
In terms of per person revenues, US$7.00 is generated in 2024.
Moreover, by 2024, 95% of sales in the Cosmetics market will be attributed to Non-Luxury.
In Central Asia, the demand for natural and organic cosmetics is rapidly growing, as consumers prioritize products that are environmentally-friendly and promote healthy lifestyles.

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.