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 68% 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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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.