Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - Hungary

Hungary

In Hungary, the revenue in the Natural Cosmetics market for 2024 is projected to reach €14.75m.
It is anticipated that the market will experience an annual growth rate of 2.12% (CAGR 2024-2029).
When comparing globally, in China generates the highest revenue in the Natural Cosmetics market, amounting to €2,846m in 2024.
In terms of per person revenues, in Hungary is expected to generate €1.48 in 2024.
Hungary's natural cosmetics market is booming, with a strong focus on locally sourced ingredients and traditional herbal remedies.

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.