Market Insights Consumer Beauty & Personal Care

Cosmetics - Niger

Niger

In 2024, the revenue in the Cosmetics market in Niger amounts to US$155.10m.
It is projected that the market will experience an annual growth rate of 5.20% (CAGR 2024-2029).
When compared to other countries around Worldwide, in the United States generates the highest revenue in the Cosmetics market, reaching US$20,130m in 2024.
In terms of per capita revenue, in Niger generates US$5.49 per person in 2024.
Looking ahead to 2024, it is estimated that 82% of sales in the Cosmetics market will be attributed to Non-Luxury.
Despite its hot and dry climate, Niger's cosmetics market is thriving, with a focus on sun protection and skincare 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.