Beauty & Personal Care - Zimbabwe

Zimbabwe

The revenue in the Beauty & Personal Care market in Zimbabwe is projected to reach US$602.60m in 2024.
This market is expected to experience an annual growth rate of 1.40% (CAGR 2024-2029).
The largest segment in this market is Personal Care, which is estimated to have a market volume of US$285.40m in 2024.
When compared globally, in the United States generates the highest revenue, amounting to US$100bn in 2024.
In terms of per capita income, each person in Zimbabwe is expected to generate US$35.40 in revenue in 2024.
Additionally, it is projected that 6.5% of the total revenue in the Beauty & Personal Care market will come from online sales by 2024.
Zimbabwe's beauty and personal care market is witnessing a surge in demand for natural, organic products in line with the country's growing focus on sustainable living.

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.