DUBLIN--(BUSINESS WIRE)--Sep 3, 2018--The “Morocco Cosmetics Market Size, Share & Trends Analysis Report By Product (Skin & Sun Care, Makeup & Color Cosmetics, Hair Care, Fragrances), By Sales Channel (Retail, Online), By Gender, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The Morocco cosmetics market size is expected to reach USD 1.93 billion by 2025, registering a CAGR of 7.5% during the forecast period.
The growth can be attributed to surging demand for premium cosmetic products, majorly driven by increasing purchasing power of consumers.
Rising consumption of cosmetic products by women owing to increasing westernization in the country is estimated to be a key factor driving the market. Growing demand for personal care and grooming products from male consumers is also anticipated to bolster the growth of the market over the forecast period. E-commerce platforms are projected to play a significant role in supporting the growth of the Morocco cosmetics market owing to high convenience they offer to consumers.
The industry is registering an increase in the number of male consumers. Changing climatic conditions and lifestyles are prompting men to use cosmetic products in their daily routines. Fragrances, skin care, and hair care products are increasingly being used by both men as well as women.
Morocco has consistently outperformed other African countries in terms of its ranking in various global retail indexes. The relatively stable political atmosphere in the country and widening base of middle class population are providing a significant push to the market.
The country has made considerable strides in recent years related to investments in infrastructure. One such example is of investments made to improve infrastructure in the Tangier free trade zone. Such developments in the country are attracting investors from across the globe.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Morocco Cosmetics: Market Variables, Trends, and Scope
Chapter 4 Morocco Cosmetics Market: Product Estimates & Trend Analysis
Chapter 5 Morocco Cosmetics Market: Mode of Sales Estimates & Trend Analysis
Chapter 6 Morocco Cosmetics Market: Gender Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company ProfilesDabur International Erkul Cosmetics (ERKUL KOZMETIK SAN. ve TIC. A.S.) Botanica Natural Products Groupe Clarins Unilever PLC Avon Products, Inc. The Procter and Gamble Company Oriflame Holding AG The Estee Lauder Companies, Inc. Kao Corporation Shiseido Company, Limited L’Oral International Beiersdorf AG Revlon, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/t8qvm8/morocco_cosmetics?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180903005184/en/
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KEYWORD: MOROCCO AFRICA
INDUSTRY KEYWORD: RETAIL COSMETICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/03/2018 09:34 AM/DISC: 09/03/2018 09:34 AM