Market Insights Consumer Beauty & Personal Care Cosmetics

Face Cosmetics - Morocco

Morocco

In Morocco, the Face market recorded a revenue of US$49.97m in 2024.
It is projected to experience a Compound Annual Growth Rate (CAGR) of 7.75% from 2024 to 2029.
When compared globally, in the United States leads in revenue generation with an impressive US$7,461m in 2024.
Considering the population size, per person revenues of US$1.31 were generated in Morocco in 2024.
"Morocco's face market is experiencing a surge in demand for natural and organic skincare products, reflecting the country's strong cultural appreciation for traditional beauty remedies."

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

Market

Region

Region comparison

Currency

Methodology

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.