Market Insights Consumer Beauty & Personal Care

Skin Care - Seychelles

Seychelles

In Seychelles, the revenue generated in the Skin Care market is projected to reach US$2.60m in 2024.
It is anticipated that the market will experience an annual growth rate of 11.25% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads the market in terms of revenue, with US$24,350m expected in 2024.
Taking into account the total population, the per person revenue in Seychelles is estimated to be US$23.99 in 2024.
Furthermore, by 2024, approximately [max[maxNon-LuxuryRevenueShare]RevenueShareValue] of the sales in the Skin Care market will be attributed to [maxNon-LuxuryRevenueShare].
Seychelles' skin care market is flourishing with a focus on natural and organic products, catering to the country's eco-conscious and luxury-seeking consumers.

Key regions: United Arab Emirates, Malaysia, United Kingdom, South Korea, Indonesia

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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.