Market Insights Consumer Beauty & Personal Care Skin Care

Face Skin Care - Lesotho

Lesotho

Lesotho's revenue in the Face market for the year 2024 is recorded at €22.71m.
It is projected that this market segment will experience an annual growth rate of 3.84% (CAGR 2024-2029).
When comparing the revenue on a global scale, in Japan generates the highest amount of revenue with €16,510m in 2024.
Taking into consideration the total population figures, the per person revenue in Lesotho for 2024 amounts to €9.64.
Lesotho's face market is experiencing a surge in demand for natural skincare products made from locally sourced ingredients.

Key regions: United States, Indonesia, United Arab Emirates, South Korea, Canada

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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.