Beauty & Personal Care - Gambia

Gambia

The Beauty & Personal Care market in Gambia is projected to generate a revenue of US$144.80m in 2024.
It is expected to experience a steady annual growth rate of 4.79% (CAGR 2024-2029).
The largest segment within this market is the Personal Care segment, which is estimated to have a market volume of US$68.46m in 2024.
When compared globally, in the United States stands out as the country generating the highest revenue in the Beauty & Personal Care market, with a staggering amount of US$100bn in 2024.
In terms of per capita revenues, each individual in Gambia is expected to contribute US$50.96 in 2024.
Furthermore, online sales are anticipated to account for 2.6% of the total revenue in the Beauty & Personal Care market by 2024.
Gambia's Beauty & Personal Care market is witnessing a surge in demand for natural and organic products, driven by a growing awareness of sustainability and health-consciousness among consumers.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.