Beauty & Personal Care - Suriname

Suriname

Suriname's Beauty & Personal Care market is projected to generate a revenue of US$37.04m in 2024.
This market segment is expected to experience an annual growth rate of 4.46% (CAGR 2024-2029).
Among the various segments within this market, the largest one is Personal Care, which is estimated to have a market volume of US$17.22m in 2024.
When compared globally, in the United States leads in revenue generation, reaching US$100bn in 2024.
In terms of per capita figures, Suriname's population is anticipated to generate a revenue of US$58.90 per person in 2024.
Furthermore, online sales are expected to contribute 23.6% of the total revenue in the Beauty & Personal Care market by 2024.
Suriname's beauty and personal care market is seeing a rise 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.