Beauty & Personal Care - Mozambique

Mozambique

The Beauty & Personal Care market in Mozambique is projected to generate a revenue of US$1.82bn in 2024.
This market is expected to experience an annual growth rate of 3.29% (CAGR 2024-2029).
The largest segment within this market is Personal Care, which is estimated to have a market volume of US$0.86bn in 2024.
When compared to other countries globally, in the United States generates the highest revenue in this market, with US$100bn in 2024.
In terms of per capita revenue, in Mozambique is expected to generate US$52.17 in 2024.
Additionally, it is projected that online sales will contribute 1.4% of the total revenue in the Beauty & Personal Care market by 2024.
Mozambique's Beauty & Personal Care market is experiencing a surge in demand for natural and organic products.

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.