Beauty & Personal Care - Slovakia

Slovakia

The revenue generated in the Beauty & Personal Care market in Slovakia is estimated to be US$678.80m in 2024.
It is projected to experience an annual growth rate of 0.70% (CAGR 2024-2029).
Among the market segments, the Personal Care segment holds the largest market volume, amounting to US$303.10m in 2024.
In comparison to other countries, in the United States generates the highest revenue in the Beauty & Personal Care market, reaching US$100bn in 2024.
When considering the population, the per person revenue in Slovakia amounts to US$119.00 in 2024.
Furthermore, it is expected that 27.4% of the total revenue in the Beauty & Personal Care market will be generated through online sales by the year 2024.
Slovakia's beauty and personal care market is experiencing a surge in demand for natural and organic products.

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.