Market Insights Consumer Beauty & Personal Care

Cosmetics - Spain

Spain

The revenue generated in the Cosmetics market in Spain amounts to US$1.20bn in 2024.
It is projected to grow annually by 2.38% (CAGR 2024-2029).
When compared globally, in the United States leads in revenue generation with US$20,130m in 2024.
In terms of per capita figures, each person in Spain generates US$25.27 in revenue in 2024.
By 2024, 53% of sales in the Cosmetics market in Spain will be attributed to Non-Luxury.
Spain's cosmetics market is experiencing a surge in demand for organic and natural beauty products.

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.