Beauty & Personal Care - Mauritius

  • Mauritius
  • In 2024, the Beauty & Personal Care market in Mauritius is projected to generate a revenue of US$154.80m.
  • This market is expected to experience an annual growth rate of 2.82% (CAGR 2024-2029).
  • The largest segment within this market is Personal Care, which is estimated to have a market volume of US$70.50m in 2024.
  • In comparison to other countries around Worldwide, in the United States generates the highest revenue in this market, with a total of US$101bn in 2024.
  • When considering the population of Mauritius, the per person revenue in the Beauty & Personal Care market is calculated to be US$118.90 in 2024.
  • Furthermore, it is projected that 13.9% of the total revenue in this market will be generated through online sales by 2024.
  • Mauritius has seen a growing demand for organic and natural beauty products, reflecting a shift towards more sustainable and environmentally friendly options.

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

 
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Analyst Opinion

The Beauty & Personal Care market in Mauritius has been seeing stagnant growth, influenced by factors like limited consumer spending, a preference for local products, and competition from international brands, which challenge market expansion and innovation.

Customer preferences:
In Mauritius, consumers are increasingly gravitating towards natural and organic beauty products, reflecting a growing awareness of health and environmental sustainability. This trend is fueled by a younger demographic that values transparency and ethical sourcing over traditional brand loyalty. Additionally, the rise of social media influencers has shifted purchasing decisions, with consumers often seeking recommendations from local beauty gurus. This cultural shift emphasizes the importance of authenticity and community, driving demand for locally-made products that resonate with Mauritian heritage.

Trends in the market:
In Mauritius, the Beauty & Personal Care market is experiencing a notable shift towards sustainable and eco-friendly products, driven by a younger, environmentally-conscious consumer base. This demographic prioritizes natural ingredients and ethical production practices, leading brands to adapt their offerings. The influence of social media is significant, as local beauty influencers shape consumer preferences and foster community engagement. This trend not only highlights the demand for authenticity but also encourages companies to innovate and emphasize their connection to Mauritian culture, potentially reshaping brand strategies and market dynamics.

Local special circumstances:
In Mauritius, the Beauty & Personal Care market is uniquely influenced by its diverse cultural heritage, which blends African, Indian, French, and Chinese traditions. This rich tapestry fosters a strong appreciation for local ingredients, such as sugarcane and botanical extracts, prompting brands to highlight their Mauritian roots. Additionally, the island's regulatory emphasis on sustainability and eco-friendly practices encourages companies to adopt greener formulations. The island's isolation also amplifies the appeal of locally-made products, as consumers seek to support homegrown brands that reflect their identity and values.

Underlying macroeconomic factors:
The Beauty & Personal Care market in Mauritius is significantly shaped by macroeconomic factors such as global economic trends, consumer spending patterns, and local economic stability. The island's steady GDP growth and rising disposable incomes enable consumers to invest in premium beauty products, fostering a demand for high-quality, locally-sourced items. Furthermore, favorable fiscal policies that support small and medium enterprises enhance the market for homegrown brands. The global shift towards natural and sustainable products aligns with local consumer preferences, reinforcing the importance of eco-friendly practices and innovative formulations that resonate with Mauritian values.

Methodology

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.

Overview

  • Revenue
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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