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Beauty and Personal Care Market in Africa 2023-2027

Beauty and Personal Care Market in Africa 2023-2027

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Global Beauty And Personal Care Market 2023-2027
The beauty and personal care market is forecasted to grow by USD 6652.65 mn during 2022-2027, accelerating at a CAGR of 7.54% during the forecast period. The report on the beauty and personal care market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for anti-aging products, rise in awareness regarding personal grooming and hygiene among end-users, and growing focus on afrocentric requirements.

Technavio's beauty and personal care market is segmented as below:

By ProductSkincareHair careColor cosmeticsFragrancesOthersBy Distribution ChannelOfflineOnlineBy Geographical LandscapeAfricaThis study identifies the emergence of beauty and personal care products with natural ingredients as one of the prime reasons driving the beauty and personal care market growth during the next few years. Also, growing online retailing of beauty and personal care products and growing popularity of multifunctional personal care products will lead to sizable demand in the market.

The report on the beauty and personal care market covers the following areas:Beauty and personal care market sizingBeauty and personal care market forecastBeauty and personal care market analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading beauty and personal care market vendors that include Adidas AG, Africology Pty Ltd., Amka Products Pty Ltd., Amway Corp., Beiersdorf AG, Chanel Ltd., Christian Dior SE, Church and Dwight Co. Inc., Colgate Palmolive Co., Coty Inc., Edgewell Personal Care Co., Esse Skincare, Godrej Consumer Products Ltd., House of Tara International, Johnson and Johnson, Kering SA, LOreal SA, Lulu and Marula Proprietary Ltd., Natura and Co Holding SA, Oriflame Cosmetics S.A., Pauline Cosmetics Ltd., Reckitt Benckiser Group Plc, Revlon Inc., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, Zaron Cosmetics and Beauty, and Tiger Brands Ltd.. Also, the beauty and personal care market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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