Market Insights Consumer Beauty & Personal Care Cosmetics

Face Cosmetics - Croatia

Croatia

In Croatia, the revenue in the Face market is projected to reach US$17.75m units of currency in the year 2024.
This market segment is expected to experience an annual growth rate of 1.66% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States generates the highest revenue in this market with an estimated value of US$7,461m units of currency in 2024.
In terms of per capita income, the revenue generated per person in Croatia's Face market is approximately US$4.45 units of currency in 2024.
Croatia is experiencing a growing trend in the face market, with an increasing demand for natural and sustainable skincare products.

Key regions: United Arab Emirates, India, Indonesia, South Korea, Worldwide

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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.