Market Insights Consumer Beauty & Personal Care Skin Care

Face Skin Care - Mozambique

Mozambique

In Mozambique, the revenue generated in the Face market reached a substantial amount of US$290.30m in 2024.
This market segment is projected to experience an annual growth rate of 3.60% (CAGR 2024-2029).
When compared globally, in Japan stands out as the leading revenue generator in the Face market, with a staggering US$17,990m in 2024.
In terms of per capita figures, in Mozambique generates revenues of US$8.33 per person in 2024.
In Mozambique, the face market is experiencing a surge in demand for natural skincare products made from locally sourced ingredients.

Key regions: United States, Indonesia, United Arab Emirates, South Korea, Canada

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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.