Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - Ecuador

Ecuador

In Ecuador, the Natural Cosmetics market is projected to generate a revenue of €19.89m in 2024.
It is expected to witness an annual growth rate of 2.51% (CAGR 2024-2029).
In comparison to other countries, in China leads the global market with a revenue of €2,876m in 2024.
When considering the total population, the per person revenue in Ecuador is estimated to be €1.08 in 2024.
Ecuador's natural cosmetics market is flourishing, as consumers increasingly seek out sustainable and organic beauty products inspired by the country's rich biodiversity.

Key regions: United Kingdom, Indonesia, India, Canada, Worldwide

Marché

Région

Comparaison de régions

Monnaie

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.