Market Insights Consumer Beauty & Personal Care

Cosmetics - Malta

Malta

The revenue generated in the Cosmetics market in Malta is estimated to reach US$11.86m in 2024.
It is projected to experience an annual growth rate of 2.78% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States generates the highest revenue in the market, with an expected revenue of US$20,130m in 2024.
On a per capita basis, the revenue generated per person in Malta's Cosmetics market is approximately US$22.11 in 2024.
Additionally, it is anticipated that 60% of the total sales in the Cosmetics market in Malta will be attributed to Non-Luxury by 2024.
Despite its small size, Malta has a flourishing cosmetics market, with a focus on natural and organic products.

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

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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.