Market Insights Consumer Beauty & Personal Care

Cosmetics - Estonia

Estonia

In Estonia, the revenue in the Cosmetics market is projected to reach US$28.29m in 2024.
It is anticipated to experience an annual growth rate of 2.30% (CAGR 2024-2029).
When compared to global figures, in the United States generates the highest revenue with US$20,130m in 2024.
In terms of per capita, in Estonia generates US$21.45 in revenue per person in 2024.
Additionally, it is estimated that 58% of sales in the Cosmetics market by 2024 will be attributed to Non-Luxury.
Estonia's cosmetics market is experiencing a surge in demand for natural and organic products, driven by increasing consumer awareness and preferences for sustainable and eco-friendly options.

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

Market

Region

Region comparison

Currency

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.