Market Insights Consumer Beauty & Personal Care Skin Care

Face Skin Care - Southeast Asia

Southeast Asia

In Southeast Asia, the revenue in the Face market is projected to reach US$4.86bn in 2024.
It is estimated that the market will experience an annual growth rate of 3.74% (CAGR 2024-2029).
When compared to other countries worldwide, in Japan generates the highest revenue in this market, amounting to US$17,990m in 2024.
Taking into account the total population, the per capita revenue in 2024 is US$7.01.
In Southeast Asia, the face mask market in Singapore is experiencing a surge in demand due to the implementation of strict COVID-19 safety measures.

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

Market

Region

Region comparison

Currency

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.