Nigeria Cosmetic Market is predicted to expand at a significant CAGR of 13.2% during 2025-2032, driven by rapid urbanization and increasing incomes

The revenue in the 'Cosmetics' segment of the beauty & personal care market in Nigeria was modeled to stand at ************ U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Cosmetics.

The Nigerien cosmetics market skyrocketed to $440M in 2024, increasing by 63% against the previous year. Overall, consumption showed resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

USD 3.43 Billion in 2024; projected USD 5.15 Billion by 2033; CAGR 4.69%.

The Nigerien market for beauty, make-up and skin care preparations skyrocketed to $151M in 2024, jumping by 147% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted prominent growth. Over the period under review, the market attained the maximum level in 2024 and is expected to retain growth in years to come.

Snapshot img

Africa Beauty And Personal Care Market Size 2024-2028

The Africa beauty and personal care market size is valued to increase USD 8.18 billion, at a CAGR of 8.51% from 2023 to 2028. Rising demand for anti-aging products will drive the Africa beauty and personal care market.

Major Market Trends & Insights

By Product - Skincare segment was valued at USD 4 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 81.93 million
Market Future Opportunities: USD 8177.50 million
CAGR from 2023 to 2028 : 8.51%

Market Summary

The market is experiencing significant growth, fueled by increasing consumer awareness and disposable income. According to market research, the market value is projected to reach USD16.2 billion by 2025, expanding at a steady pace. This expansion is driven by the rising demand for anti-aging products and the emergence of beauty and personal care items with natural ingredients. Consumers are increasingly concerned about the potential adverse health effects of synthetic chemicals used in these products. As a result, companies are responding by introducing more natural alternatives, such as herbal extracts and essential oils. This shift towards natural ingredients is not only beneficial for consumers' health but also appeals to the growing eco-consciousness movement.
Despite these opportunities, the market faces challenges, including regulatory issues and supply chain complexities. Governments across Africa are implementing stricter regulations on cosmetics and personal care products, which can impact production costs and market entry. Additionally, the lack of a well-established supply chain for raw materials can hinder growth. In conclusion, the market is poised for continued expansion, driven by increasing consumer demand and the shift towards natural ingredients. However, companies must navigate regulatory challenges and complex supply chains to capitalize on this growth.

What will be the Size of the Africa Beauty And Personal Care Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Beauty And Personal Care in Africa Market Segmented and what are the key trends of market segmentation?

The beauty and personal care in Africa industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Skincare
  Hair care
  Color cosmetics
  Fragrances
  Others


Distribution Channel

  Offline
  Online


Consumer Demographics

  Mass Market Consumers
  Premium Product Consumers
  Men's Grooming
  Baby and Child-Specific Products


Geography

  Middle East and Africa

    Egypt
    Kenya
    South Africa

By Product Insights

The skincare segment is estimated to witness significant growth during the forecast period.

Amidst the growing consciousness towards personal care and beauty in Africa, the market continues to evolve, with skincare leading the charge. House of Tara International, a Nigerian brand, exemplifies this trend, boasting a strong presence through its specialized offerings for women of color. This surge in demand is driven by the unique skincare needs of African consumers, with natural ingredients like shea butter and baobab oil gaining popularity. In 2021, House of Tara reported a 30% increase in sales, underscoring the potential of this sector. Brands are also focusing on marketing campaign effectiveness, ethical sourcing practices, and sustainable beauty practices to meet evolving consumer preferences.

Skincare ingredient sourcing, distribution channel optimization, and brand loyalty programs are crucial elements in this dynamic landscape. The cosmetics manufacturing process is undergoing digital transformation, with e-commerce platform integration, product safety assessment, and cosmetic preservative systems becoming essential components. Consumer purchase behavior and preference research guide product formulation, from color cosmetics to haircare. The industry's future lies in innovation, with anti-aging skincare technology, fragrance compound development, and ingredient traceability systems shaping the market.

Request Free Sample

The Skincare segment was valued at USD 4 billion in 2018 and showed a gradual increase during the forecast period.

Request Free Sample

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The African beauty and personal care market presents a significant growth opportunity for brands seeking to cater to the diverse con

The size of the Cosmeceuticals Industry market was valued at USD 180.67 Million in 2023 and is projected to reach USD 282.61 Million by 2032, with an expected CAGR of 6.60% during the forecast period. Cosmeceuticals are a hybrid category of products that blend cosmetics and pharmaceuticals. They contain bioactive ingredients that offer both cosmetic and therapeutic benefits for the skin. Common ingredients in cosmeceuticals include retinol, vitamin C, peptides, and antioxidants like green tea extract. These products aim to improve skin health and appearance by addressing issues such as aging, hyperpigmentation, and acne. Unlike pharmaceutical drugs, cosmeceuticals do not require a prescription and are available over-the-counter. Recent developments include: July 2022: L'Oréal Professionnel Paris, the professional product division of the global beauty brand, launched its 'Curl Expression' range in Nigeria. It includes ten products designed specifically for natural and kinky hair textures., May 2022: Shiseido announced the launch of Ulé, a new conscious prestige skincare brand created by Shiseido in France. Eight products in the brand's debut launch are available on the brand's e-commerce website, along with a boutique to be opened in Paris., March 2022: P&G Ventures relaunched Bodewell, a skin care product line designed for those suffering from conditions such as eczema and psoriasis. The new product line combines active ingredients like colloidal oatmeal and salicylic acid with essential moisturizers and a novel botanical blend called BW22.. Key drivers for this market are: Increasing Aging Population drives the Market Growth, Technological Advancement and Product Innovation. Potential restraints include: Product Misrepresentation and Counterfeit Concerns. Notable trends are: Growing Ageing Population.

In 2017, approx. X units of brushes for the application of cosmetics were imported into Nigeria; moving up by X% against the previous year. In general, imports of brushes for the application of cosmetics continue to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2015, an increase of X% year-to-year. Nigeria imports peaked in 2017, and are likely to see steady growth in the near future.In value terms, imports of brushes for the application of cosmetics totaled $X in 2017.

The Africa Cosmeceuticals Market is Segmented by Product Type (Skin Care, Hair Care, Oral Care, Lip Care, Others), Category (Conventional, Natural/Organic), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, Specialist Beauty Retailers & Pharmacies, Others), and Geography (South Africa, Nigeria, Egypt, Kenya, Morocco, Rest of Africa). The Market Forecasts are Provided in Terms of Value (USD).

Analysis of Africa's cosmetics market, forecasting growth to 870K tons and $5.1B by 2035. Covers consumption, production, trade, key countries, and product segments with data on Nigeria, Egypt, South Africa, and Cote d'Ivoire.

Nigeria Beauty Facial Mask Market is expected to grow during 2025-2031

Statistics illustrates consumption, production, prices, and trade of Cosmetics in Nigeria from 2007 to 2024.

Strong economic momentum and rising aesthetic awareness shaped the future of Nigeria’s skincare industry. The Nigeria Skin Booster Market was valued at USD 10.41 million in 2024 and is projected to advance to USD 19.75 million by 2032, reflecting a growing preference for minimally invasive beauty treatments and innovative anti-aging solutions. Rising consumer spending power, coupled with access to advanced rejuvenation technologies, is expected to drive strong demand across dermatology clinics and wellness centers. Market participants are anticipated to introduce cutting-edge formulations that enhance hydration and collagen synthesis, appealing to an increasingly beauty-conscious generation. The Nigeria Skin Booster Market continues to attract international attention as brands focus on Africa’s high-growth aesthetic sector. With supportive healthcare infrastructure and heightened awareness of premium skincare, the market is projected to evolve into a leading regional hub for modern aesthetic care.

After three years of growth, the Nigerien talcum and cosmetic powder market decreased by -16.4% to $45M in 2024. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Discover the booming African marine collagen market! This in-depth analysis reveals a 6% CAGR, key players like Gelita AG, and lucrative opportunities in South Africa and Nigeria. Learn about market size projections, growth trends, and key challenges for 2025-2033. Invest wisely in this rapidly expanding sector. Notable trends are: Increased Application in Food and Beverage Segment.

Nigeria Packaging Market size was valued at USD 1.94 Billion in 2024 and is projected to reach USD 3.54 Billion by 2032, growing at a CAGR of 7.8% from 2025 to 2032.Packaging is the process of designing and wrapping things in materials that protect and maintain them during storage, transportation, and sales. It entails the use of diverse materials, such as paper, plastic, glass, and metal, to encapsulate objects and communicate brand identity.Packaging is important in product marketing because it protects products during transit and increases shelf appeal. It is utilized in a variety of industries, including food, pharmaceuticals, electronics, and cosmetics, where it not only protects but also gives vital information and supports sustainability through environmentally friendly materials.

Discover the booming cosmeceuticals market! This comprehensive analysis reveals a $180.67 million market in 2025, projected to grow at a 6.60% CAGR through 2033. Explore key trends, regional breakdowns, and leading companies shaping this dynamic sector. Learn more about skincare, haircare, and other cosmeceutical product types. Recent developments include: July 2022: L'Oréal Professionnel Paris, the professional product division of the global beauty brand, launched its 'Curl Expression' range in Nigeria. It includes ten products designed specifically for natural and kinky hair textures., May 2022: Shiseido announced the launch of Ulé, a new conscious prestige skincare brand created by Shiseido in France. Eight products in the brand's debut launch are available on the brand's e-commerce website, along with a boutique to be opened in Paris., March 2022: P&G Ventures relaunched Bodewell, a skin care product line designed for those suffering from conditions such as eczema and psoriasis. The new product line combines active ingredients like colloidal oatmeal and salicylic acid with essential moisturizers and a novel botanical blend called BW22.. Notable trends are: Growing Ageing Population.

Discover the booming cosmetic packaging laminated tubes market! Explore market size ($5B in 2025), CAGR (6%), key players (Essel-Propack, Albea, etc.), regional trends, and future projections to 2033. Learn about ABL, PBL, and application segments in this comprehensive market analysis.

Snapshot img

Ginger Market Size 2024-2028

The ginger market size is forecast to increase by USD 3.77 billion at a CAGR of 7.9% between 2023 and 2028. The ginger market is experiencing significant growth due to the perceived health benefits associated with ginger oil and ginger beer. Ginger oil, known for its medicinal properties, is widely used in the food and beverage industry, as well as in traditional medicine, for its anti-inflammatory, antioxidant, and digestive properties. Ginger oil is a natural relaxant oil. The oil, applied topically or inhaled, provides relief from migraines, nervous tension, anxiety, depression, fatigue, mental strain, and other mental conditions. Ginger beer, a carbonated beverage made from ginger, sugar, water, and yeast, offers health benefits such as aiding digestion, relieving nausea, and boosting the immune system. However, the market faces challenges from intense price competition, which puts pressure on manufacturers to reduce costs and maintain profitability. Despite this, the market is expected to continue its growth trajectory, driven by increasing consumer awareness and demand for natural and healthy food and beverage options.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The aromatic and flavorful ingredient has gained significant attention in the food and beverage industry due to its versatility and natural health benefits. Ginger rhizomes contain various bioactive components, including gingerols and shgaols, which contribute to its unique aroma and flavor. These components have been the subject of extensive research due to their pharmacological effects. Ginger is known for its anti-inflammatory properties, which help reduce inflammation and pain. Additionally, it possesses antiemetic properties, making it an effective remedy for nausea and vomiting.

Furthermore, ginger's antioxidant properties help protect cells from damage caused by free radicals. Ginger's versatility extends beyond the food industry. It is widely used in natural health products and dietary supplements. The root is often consumed as a medicinal ingredient, and its extracts are used in various value-added products. The clean-label trend in the food industry has led to an increased demand for natural ingredients like ginger. The production of ginger involves sustainable and ethical farming practices. Companies like Buderim Ginger have adopted these practices to ensure the highest quality and ethical standards. Freeze-drying is a popular method used to preserve ginger's bioactive components and maintain its flavor and aroma.

Ginger's use is not limited to food and beverages. It is also used as a spice and a medicinal root in various traditional practices. The demand for ginger continues to grow as consumers seek natural alternatives for health and wellness. In conclusion, ginger is a tropical plant with a rich history and numerous health benefits. Its versatility and natural properties make it a valuable ingredient in the food and beverage industry, as well as in natural health products and dietary supplements. Sustainable and ethical farming practices ensure a consistent supply of high-quality ginger, making it a popular choice for consumers seeking natural alternatives for health and wellness.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product Type

  Fresh ginger
  Dried ginger
  Others


Application

  Food industry
  Pharmaceutical industry
  Cosmetic industry
  Others


Geography

  APAC

    China
    India


  Middle East and Africa

    Nigeria


  Europe



  North America



  South America

By Product Type Insights

The fresh ginger segment is estimated to witness significant growth during the forecast period. The market is experiencing notable expansion, particularly in the segment of fresh ginger. This growth can be attributed to the escalating demand for this versatile spice in various industries, including food and beverages, pharmaceuticals, cosmetics, and more. Fresh ginger offers a multitude of health benefits, making it an indispensable ingredient in many applications. These health advantages not only make ginger a popular choice for consumers seeking sustainable food options and chemical-free produce but also contribute significantly to the growth of The market. Organic ginger, derived from sustainably cultivated soil, further enhances the market's value by offering health benefits free from synthetic additives and pesticides. Additionally, the production of value-added ginger extracts and ginger oil adds to the market's value proposition. By focusing on organic farming practices and biodiversity, The market is poised for continued growth and success

According to Cognitive Market Research, The Global Deodorized Cocoa Butter market will grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.

The demand for deodorized cocoa butter is rising due to the increased consumer awareness of cocoa butter's nutritional and therapeutic benefits and rising demand for chocolate, frozen desserts, and nutritional drinks, which are expected to drive market growth.
Demand for chocolate and confectionery remains higher in the deodorized cocoa butter market.
The Offlinecategory held the highest deodorized cocoa butter market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific deodorized cocoa butter marketwill experience the strongest growth until 2030.

Growing Demand for Clean-Label Ingredients to Provide Viable Market Output

The deodorized Cocoa Butter Market is the increasing demand for natural and clean-label ingredients, particularly in the food and cosmetic industries. Consumers are becoming conscious of their products' ingredients and actively seeking natural alternatives. Cocoa butter, with its natural origin, fits well into this trend. In the food sector, it is a healthier substitute for synthetic fats in confectionery, bakery, and dairy products due to its creamy texture and appealing taste.

Ashish Pande has been appointed as the new Country Head of Olam Agri in Nigeria, starting September 23, 2022. Olam Agri, a prominent agribusiness company specializing in food, feed, and fiber, made this decision.

(Source:www.olamgroup.com/news/all-news/news-bites/olam-agri-appoints-ashish-pande-as-country-head-in-nigeria.html)

Its antioxidant-rich properties also align with the broader health and wellness movement. Likewise, cocoa butter is favored in cosmetics for its moisturizing and emollient attributes, making it a valuable ingredient in clean-label skincare and cosmetic formulations.Cocoa butter's natural origin and the absence of synthetic additives make it an eco-friendly choice. Manufacturers are increasingly adopting cocoa butter in their formulations to cater to environmentally conscious consumers, contributing to the market's growth.

Expanding Chocolate Industry to Propel Market Growth

The expansion of the global chocolate industry is a pivotal driver for the deodorized cocoa butter market. Chocolate remains a beloved indulgence worldwide, and the industry is continuously evolving. As consumer tastes shift toward premium and gourmet chocolates and increased disposable income levels in emerging markets, the demand for high-quality cocoa products like cocoa butter rises in tandem. Cocoa butter is crucial in chocolate production, impacting texture, flavor, and the coveted melt-in-the-mouth quality. With the heightened interest in high-quality chocolates and innovations in chocolate formulations (such as healthier and specialty chocolates), the requirement for specific types of cocoa butter to achieve desired characteristics surges, driving substantial growth in the cocoa butter market.

Market Dynamics of Deodorized Cocoa Butter

Fluctuating Cocoa Prices and Supply Concerns to Hinder Market Growth

The Deodorized Cocoa Butter Market is the volatility of cocoa prices and supply concerns. Cocoa butter is obtained from cocoa beans and the cost of cocoa beans is prone to change because of different factors such as climate conditions, crop illnesses, and geopolitical concerns in key cocoa-producing areas such as West Africa. These fluctuations can lead to unpredictable cost variations for cocoa butter manufacturers, impacting their profit margins and pricing strategies. Additionally, supply chain disruptions related to cocoa bean sourcing can create challenges in maintaining a consistent supply of cocoa butter, affecting the market's stability and potentially leading to shortages or higher prices for consumers and businesses.

Impact of COVID–19 on the Deodorized Cocoa Butter Market

The COVID-19 pandemic had a notable impact on the deodorized cocoa butter market. with lockdowns, disruptions in supply chains, and reduced consumer spending on non-essential products, the market witnessed a slowdown in demand during the initial phases of the pandemic. As consumer priorities shifted towards essential items, the sales of deodorized cocoa butter in cosmetics and personal care products and the hospitality industry were adversely affected. H...