From 2013 to 2023, the value of the skin care and make-up powders market per capita in Morocco showed a progressive increase from $0.25 to $0.41. In 2023, this value stood notably at $0.41 per capita. The most significant growth occurred post-2017, with the market expanding at varied rates each year. Unlike the decline in 2020 due to potential market disruptions, the period from 2021 to 2023 saw renewed growth, culminating in an approximate 2.5% increase year-on-year. Over the last five years, the market experienced an average annual growth of just over 4% CAGR.
Future trends to watch include shifting consumer preferences towards natural and sustainable products, which could impact demand. Digital retailing expansion and increased brand presence may also play a crucial role in market dynamics. Further economic developments in Morocco could also influence disposable income levels, changing per capita spending on beauty products.
| # | 33 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 10.47 | 2023 | View data | ||
| 2 | 2 Norway | 7.65 | 2023 | View data | ||
| 3 | 3 Italy | 6.92 | 2023 | View data | ||
| 4 | 4 Japan | 6.68 | 2023 | View data | ||
| 5 | 5 New Zealand | 6.57 | 2023 | View data | ||
| 28 | 28 Armenia | 0.66 | 2023 | View data | ||
| 29 | 29 South Africa | 0.58 | 2023 | View data | ||
| 30 | 30 Morocco | 0.41 | 2023 | |||
| 31 | 31 Indonesia | 0.39 | 2023 | View data | ||
| 32 | 32 Kyrgyzstan | 0.14 | 2023 | View data | ||
