Market Insights Consumer Beauty & Personal Care

Cosmetics - Guatemala

  • Guatemala
  • In 2024, the revenue in the Cosmetics market in Guatemala amounts to €209.80m.
  • It is projected that the market will experience an annual growth rate of 5.68% (CAGR 2024-2029).
  • When comparing the global market, it is worth noting that in the United States generates the highest revenue, amounting to €18,660m in 2024.
  • To put the revenue into perspective, in 2024, each person in Guatemala generates a per capita revenue of €11.43.
  • Furthermore, by 2024, approximately 86% of the sales in the Cosmetics market will be attributed to Non-Luxury.
  • Guatemala's cosmetics market is witnessing a surge in demand for natural and organic beauty products.

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

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Methodology

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.

Vue d’ensemble

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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