Colour cosmetics in Nigeria was also negatively impacted by poor economic conditions in 2023, as high inflation weakened consumer spending power as unit prices of all brands rose strongly. The strong rises in unit prices drove strong retail current value growth. However, all categories recorded declines in retail volume and value (constant 2023 prices) terms. With most colour cosmetics imported into the country, products were heavily affected by the economic crisis as the fall in the value of th...
Euromonitor International's Colour Cosmetics in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Colour Cosmetics market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Colour Cosmetics in Nigeria
Euromonitor International
May 2024
List Of Contents And Tables
COLOUR COSMETICS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Inflationary climate negatively impacts colour cosmetics in 2023