Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - Vietnam

Vietnam

In Vietnam, the revenue in the Natural Cosmetics market is projected to reach US$59.86m in 2024.
It is expected to grow at an annual rate of 3.52% (CAGR 2024-2029).
When compared to the global market, in China generates the highest revenue of US$3,102m in 2024.
In terms of per person revenues, in Vietnam generates US$0.60 in 2024.
Vietnam's growing demand for natural cosmetics reflects a shift towards sustainable and eco-friendly beauty products in the country.

Key regions: United Kingdom, Indonesia, India, Canada, 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.