The source forecast that, between 2022 and 2027, the fragrance sector in China would grow at a compound annual growth rate (CAGR) of 11.6 percent. Meanwhile, the hair care and skin care sectors' CAGR in the Middle East and Africa region was projected to reach 12 percent.
Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region
Characteristic
Asia-Pacific excluding China
China
North America
Western Europe
Middle East and Africa
Latin America
Eastern Europe
Australasia
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McKinsey & Company. (May 22, 2023). Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/
McKinsey & Company. "Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region." Chart. May 22, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/
McKinsey & Company. (2023). Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/
McKinsey & Company. "Compound Annual Growth Rate (Cagr) of Selected Beauty Product Categories between 2022 and 2027, by Region." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/
McKinsey & Company, Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region Statista, https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/ (last visited August 24, 2024)
Compound annual growth rate (CAGR) of selected beauty product categories between 2022 and 2027, by region [Graph], McKinsey & Company, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/1447719/cagr-selected-beauty-product-categories-by-region/