Beauty & Personal Care - Seychelles

Seychelles

Revenue in Seychelles' Beauty & Personal Care market is projected to reach US$9.39m in 2024.
The market is anticipated to grow at an annual rate of 11.80% (CAGR 2024-2029).
The largest segment within the market is Personal Care, which is estimated to have a volume of US$4.27m in 2024.
When compared globally, in the United States generates the highest revenue, amounting to US$100bn in 2024.
In terms of per capita figures, in the Seychelles generates US$86.70 in revenue per person in 2024.
Online sales are expected to contribute 38.7% of the total revenue in the Beauty & Personal Care market by 2024.
Seychelles has seen a surge in demand for natural and organic beauty products, driven by consumers' desire for sustainable and eco-friendly options.

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.