Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - Cyprus

Cyprus

The revenue generated in the Prestige Cosmetics market in Cyprus amounts to US$10.52m in 2024.
It is projected that the market will experience an annual growth rate of 3.56% (CAGR 2024-2028).
In comparison to other countries worldwide, in the United States generates the highest revenue of US$5,284m in 2024.
When considering the total population, the per person revenue in Cyprus is estimated to be US$8.30 in 2024.
Cyprus has witnessed a surge in demand for luxury cosmetics, with affluent consumers seeking exclusive and high-end beauty products.

Key regions: Italy, Russia, United Kingdom, France, South Korea

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The Prestige Cosmetics market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Prestige Cosmetics industry.