Beauty & Personal Care - Iran

Iran

In 2024, the Beauty & Personal Care market in Iran is projected to generate a revenue of US$9.12bn.
It is expected to experience an annual growth rate of 2.78% (CAGR 2024-2029).
The largest segment within this market is Personal Care, which is estimated to reach a market volume of US$4.24bn in 2024.
When comparing the global market, in the United States stands out as the country generating the highest revenue in this sector, with US$100bn in 2024.
Looking at the per capita figures, an average of US$101.50 in revenue is generated per person in Iran in 2024.
Furthermore, it is predicted that 12.4% of the total revenue in the Beauty & Personal Care market will be generated through online sales by 2024.
Iran's beauty and personal care market is experiencing a surge in demand for natural and organic products, driven by a growing awareness of health and sustainability 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.