Morocco Cosmetics Market Size, Share & Trends Analysis, 2018-2025 - Surging Demand for Premium Cosmetic Products

DUBLIN, Sept. 3, 2018 /PRNewswire/ --

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.

Further Key Findings from the Report Suggest:

• The makeup & color cosmetics segment is likely to exhibit the highest CAGR of 8.1% during the forecast period
• Morocco has a significant competitive edge in the production and export of argan oil
• A major chunk of the demand for cosmetic products in Morocco is generated by people with a higher income and modern lifestyles, staying in large cities
• New product launches and establishment of strategic partnerships with luxury salons are expected to remain a critical success factor for the hair care market over the forecast period.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Morocco Cosmetics: Market Variables, Trends, and Scope
3.1 Market segmentation & scope
3.2 Penetration & growth prospect mapping
3.3 Value chain analysis
3.4 Skin care and high - end cosmetics - market trends
3.5 Morocco Consumer Behavior
3.6 Regulatory scenario
3.7 Morocco's demography
3.8 Market dynamics
3.8.1 Market driver analysis
3.8.1.1 Changing lifestyle and growing disposable income
3.8.1.2 Growing preference for natural ingredients in cosmetics
3.8.2 Market restraint analysis
3.8.2.1 Side effects and advanced beauty treatments
3.9 Key Opportunities Prioritized
3.10 Industry analysis - Porter's
3.11 PESTEL analysis
3.12 Product Price Mapping - By Key Companies

Chapter 4 Morocco Cosmetics Market: Product Estimates & Trend Analysis
4.1 Morocco cosmetics market share, by product, 2017 & 2025
4.2 Morocco cosmetics market estimates & forecasts, by product, 2014 - 2025 (USD Million)
4.2.1 Skin & sun care
4.2.2 Hair care
4.2.3 Deodorants
4.2.4 Makeup & color cosmetics
4.2.5 Fragrances

Chapter 5 Morocco Cosmetics Market: Mode of Sales Estimates & Trend Analysis
5.1 Morocco cosmetics market share, by mode of sales, 2017 & 2025
5.2 Morocco cosmetics market estimates & forecasts, by mode of sales, 2014 - 2025 (USD Million)
5.2.1 Retail
5.2.2 Online

Chapter 6 Morocco Cosmetics Market: Gender Estimates & Trend Analysis
6.1 Morocco cosmetics market share, by gender, 2017 & 2025
6.2 Morocco cosmetics market estimates & forecasts, by gender, 2014 - 2025 (USD Million)
6.2.1 Male
6.2.2 Female

Chapter 7 Competitive Landscape
7.1 Vendor Landscape
7.2 Competitive environment
7.3 Strategic Framework

Chapter 8 Company Profiles

• Dabur 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/h9z5gj/morocco_cosmetics?w=5

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content with multimedia:http://www.prnewswire.com/news-releases/morocco-cosmetics-market-size-share--trends-analysis-2018-2025---surging-demand-for-premium-cosmetic-products-300705938.html

SOURCE Research and Markets