Key regions: Germany, Europe, South Korea, France, China
The Skin Treatment (Pharmacies) market in Cameroon has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Skin Treatment (Pharmacies) market in Cameroon have been shifting towards more natural and organic products. Consumers are becoming increasingly aware of the potential harmful effects of synthetic ingredients and are seeking products that are gentle on their skin. This preference for natural products is in line with global trends, as consumers worldwide are also gravitating towards clean and green beauty options. Trends in the market indicate a growing demand for skincare products that target specific skin concerns. Consumers in Cameroon are looking for treatments that address issues such as acne, hyperpigmentation, and aging. This trend is driven by the desire for a more personalized skincare routine and the increasing availability of specialized products in pharmacies. Another trend in the market is the rising popularity of multi-step skincare routines. Inspired by the Korean beauty trend, consumers in Cameroon are adopting a more extensive skincare regimen, which includes multiple steps such as cleansing, toning, moisturizing, and applying serums and masks. This trend is driven by the belief that a comprehensive skincare routine leads to better skin health and a more youthful appearance. Local special circumstances in Cameroon, such as the prevalence of skin conditions like eczema and psoriasis, contribute to the growth of the Skin Treatment (Pharmacies) market. These conditions require specialized treatments that can be found in pharmacies, leading to increased sales in this segment. Additionally, the hot and humid climate in Cameroon can lead to skin issues such as excessive oiliness and acne, further driving the demand for skincare products. Underlying macroeconomic factors also play a role in the development of the Skin Treatment (Pharmacies) market in Cameroon. The country's growing middle class, increasing disposable income, and urbanization have resulted in a higher demand for personal care products, including skincare treatments. Additionally, the expansion of the retail sector, with the establishment of more pharmacies and beauty stores, has made skincare products more accessible to consumers. In conclusion, the Skin Treatment (Pharmacies) market in Cameroon is developing due to changing customer preferences towards natural and specialized products, emerging trends such as multi-step skincare routines, local special circumstances like prevalent skin conditions, and underlying macroeconomic factors such as a growing middle class and expanding retail sector.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. 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, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
