Cosmetics - Russia

  • Russia
  • In 2024, the revenue in the Cosmetics market in Russia amounts to US$3.12bn.
  • It is projected that the market will grow annually by 2.50% (CAGR 2024-2029).
  • When comparing this to the global market, in the United States generates the most revenue with US$20,130m in 2024.
  • Considering the total population, in 2024, per person revenues of US$21.66 are generated in Russia.
  • Furthermore, it is estimated that by 2024, 67% of sales in the Cosmetics market in Russia will be attributable to Non-Luxury.
  • Russia's growing middle class is fueling a surge in demand for premium cosmetic products, leading to the expansion of luxury beauty brands in the country.

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

 
Market
 
Region
 
Region comparison
 
Currency
 

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.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)