Market Insights Consumer Beauty & Personal Care

Skin Care - Sudan

Sudan

In Sudan, revenue generated in the Skin Care market is projected to reach US$445.60m by the year 2024.
This market is expected to experience an annual growth rate of 1.57% (CAGR 2024-2029).
Comparatively, in the United States leads globally in terms of revenue generated, with a staggering US$24,350m in 2024.
When considering the population size, per person revenues are estimated to be US$9.03 in 2024.
Looking ahead to 2024, it is anticipated that [max[maxNon-LuxuryRevenueShare]RevenueShareValue] of the sales within the Skin Care market will be attributed to [maxNon-LuxuryRevenueShare].
Despite the economic challenges in Sudan, there is a growing interest in natural and organic skincare products among 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.