Market Insights Consumer Beauty & Personal Care

Cosmetics - Egypt

Egypt

In Egypt, the revenue in the Cosmetics market is projected to reach €821.60m in 2024.
It is expected to grow annually by 6.73% (CAGR 2024-2029).
In comparison to other countries, in the United States generates the highest revenue in the Cosmetics market, amounting to €18,470m in 2024.
When considering the population size, per person revenues in Egypt are estimated to be €7.18 in 2024.
Looking ahead to 2024, 96% of sales in the Cosmetics market will be attributed to Non-Luxury.
The cosmetics market in Egypt is experiencing a surge in demand for natural and organic products, driven by consumer preference for sustainable and eco-friendly options.

Key regions: Malaysia, Singapore, Worldwide, Indonesia, India

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. 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, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.