Cosmetics - Cyprus
Cyprus- In Cyprus, the revenue generated in the Cosmetics market is expected to amount to US$27.92m in 2024.
- This market is projected to grow annually by 2.08% (CAGR 2024-2029).
- When compared globally, United States leads the way in terms of revenue, with US$20bn generated in 2024.
- In relation to the total population of Cyprus, per person revenues are estimated to be US$22.01 in 2024.
- Furthermore, it is predicted that 55% of sales in the Cosmetics market in Cyprus will be attributed to Non-Luxury by 2024.
- Cyprus has seen a surge 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
Definition:
The Cosmetics covers decorative cosmetics used for beautification and enhancing appearance. The segment includes for the face, lips, eyes, nails and natural cosmetics. Excluded are products applied to the skin for cleansing and care. Cosmetics include products such as makeup, lipsticks, mascara, and nail polishes.
Structure:
The market consists of 5 different segments:
- The Face Cosmetics cover decorative cosmetics that primarily serve as beauty products for the face including foundation makeup, concealers, face powders, BB and CC creams etc.
- The Lip Cosmetics cover decorative cosmetics that serve as beauty products for the lips including lipsticks, lipliner, and lip gloss.
- The Eyes Cosmetics covers beauty products for the eyes including mascara, eyeliner, eye shadow, and makeup for eyebrows.
- The Nails Cosmetics cover beauty products for the nails including polishes and top coats.
- The Natural Cosmetics cover beauty products for the face, eyes, and nails made completely or partially from natural ingredients and containing low or minimal amounts of synthetic chemicals.
Additional Information:
The market comprises revenue, average revenue per capita, sales channel, and luxury share. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
In-Scope
- Facial make up
- Lipsticks
- Eye make up
- Nail care & color
- Natural cosmetics
Out-Of-Scope
- Skin care
- Facial cleansing products
- Professional products & services
