Cosmetics - Singapore

  • Singapore
  • In 2024, the revenue in the Cosmetics market in Singapore amounts to US$196.50m.
  • It is projected to grow annually by 1.16% (CAGR 2024-2029).
  • When compared globally, in the United States generates the highest revenue in the Cosmetics market, reaching US$20,130m in 2024.
  • In terms of per person revenues, in Singapore generates US$32.46 in 2024.
  • Additionally, by 2024, 73% of sales in the Cosmetics market in Singapore will be attributable to Non-Luxury.
  • Singapore's cosmetics market is experiencing a surge in demand for skincare products due to its high-tech and innovative formulations.

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

 
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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.

Overview

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