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The global cosmetics market was estimated at USD 262.21 billion in 2022 and is expected to reach USD 272.43 billion in 2023.
The African cosmetics and beauty goods sector will experience a historic expansion. According to forecasts, the African beauty and personal care business is predicted to growby US$1.26 billion between 2021 and 2025. The sector is worth billions of dollars and is increasing by close to 10 percent every year.
GCC cosmetics market size, which was estimated at US $1.28 billion in 2021, is expected to increase to $2.4 Billion by 2030, at a 6.8% CAGR.
Indisputably, Egypt is one of the prime key players in the African continent when it comes to the Beauty & Personal Care products; with a total market size that is projected to grow by6.98% (2023-2027) resulting in a market volume of US$3.09bn in 2027.
The global cosmetics market was estimated at USD 262.21 billion in 2022 and is expected to reach USD 272.43 billion in 2023.
The African cosmetics and beauty goods sector will experience a historic expansion. According to forecasts, the African beauty and personal care business is predicted to growby US$1.26 billion between 2021 and 2025. The sector is worth billions of dollars and is increasing by close to 10 percent every year.
GCC cosmetics market size, which was estimated at US $1.28 billion in 2021, is expected to increase to $2.4 Billion by 2030, at a 6.8% CAGR.
Indisputably, Egypt is one of the prime key players in the African continent when it comes to the Beauty & Personal Care products; with a total market size that is projected to grow by6.98% (2023-2027) resulting in a market volume of US$3.09bn in 2027.