The skin care and make-up powders market per capita in South Africa displayed a downward trend from 2013 to 2023, starting at $0.75 and decreasing to $0.58. Notably, from 2022 to 2023, the market remained stable, registering no significant growth or decline.
In the past two years, the market varied slightly, reflecting a marginal yet consistent stabilization post-pandemic. Analyzing the last five years, the Compound Annual Growth Rate (CAGR) indicates an overall negative trend, significantly impacted by economic factors and shifting consumer preferences.
Looking ahead, key trends to monitor include evolving consumer demands towards natural and sustainable products, potential economic recovery affecting consumer purchasing power, and technological advancements in product formulations. These could influence market dynamics significantly, potentially altering current trajectories.
| # | 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 | ||
| 27 | 27 Moldova | 0.74 | 2023 | View data | ||
| 28 | 28 Armenia | 0.66 | 2023 | View data | ||
| 29 | 29 South Africa | 0.58 | 2023 | |||
| 30 | 30 Morocco | 0.41 | 2023 | View data | ||
| 31 | 31 Indonesia | 0.39 | 2023 | View data | ||
