Beauty & Personal Care - Nepal

  • Nepal
  • The revenue generated in the Beauty & Personal Care market in Nepal is estimated to reach US$1.82bn in 2024.
  • It is projected that the market will experience an annual growth rate of 3.48% (CAGR 2024-2029).
  • The largest segment within this market is Personal Care, which is expected to have a market volume of US$0.86bn in 2024.
  • When compared globally, in the United States generates the highest revenue in this market, amounting to US$100bn in 2024.
  • In relation to the total population of Nepal, the per person revenue is estimated to be US$58.38 in 2024.
  • Furthermore, it is predicted that 9.9% of the total revenue in the Beauty & Personal Care market in Nepal will be generated through online sales by 2024.
  • Nepal's Beauty & Personal Care market is embracing natural and herbal ingredients, with a focus on traditional Ayurvedic remedies.

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

 
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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.

Methodology

Forecasts:

Overview

  • Revenue
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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