Market Insights Consumer Beauty & Personal Care

Personal Care - Puerto Rico

Puerto Rico

In 2024, the revenue in the Personal Care market in Puerto Rico is estimated to be US$302.30m.
It is projected to experience an annual growth rate of 2.09% (CAGR 2024-2029).
When compared to the global market, in the United States generates the highest revenue with US$46bn in 2024.
Furthermore, in terms of per capita figures, each person in Puerto Rico contributes US$92.48 in revenue in 2024.
The personal care market in Puerto Rico is witnessing a surge in demand for natural and organic products.

Key regions: Malaysia, India, Singapore, United Kingdom, United States

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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.