Beauty & Personal Care - Timor-Leste

Timor-Leste

The revenue in the Beauty & Personal Care market in Timor-Leste is projected to reach US$83.90m in 2024.
It is expected to experience an annual growth rate of 3.59% (CAGR 2024-2029).
The largest segment in this market is Personal Care, which is estimated to have a market volume of US$38.76m in 2024.
In comparison to other countries around Worldwide, in the United States generates the highest revenue, amounting to US$100bn in 2024.
When considering the total population, the per person revenue in Timor-Leste is estimated to be US$60.80 in 2024.
Online sales are projected to contribute 15.2% of the total revenue in the Beauty & Personal Care market by 2024.
Timor-Leste's beauty and personal care market is experiencing a surge in demand for natural and organic products, driven by a growing awareness of sustainable and eco-friendly beauty practices.

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.