Product Code: ETC010457 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Azerbaijan Skin Care market currently, in 2023, has witnessed an HHI of 1018, Which has decreased slightly as compared to the HHI of 1058 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The skin care market in Azerbaijan is expected to grow at a CAGR of 4.8% during the forecast period 2020-2026. The current size of the Azerbaijani skin care market is estimated to be around USD XX billion and its total value (in terms of volume) stands at X million units. Increasing demand for natural and organic products, rising health consciousness, increasing disposable incomes, and availability of wide range of products are some factors driving growth in this region. In addition, increasing population with higher living standards along with growing awareness about personal grooming among youth are other key drivers that will help drive the growth in the sector over the forecast period. Moreover, development of new product launches through extensive marketing campaigns by major players also boosts up sales within this region as well.
However, counterfeit products available in local markets may restrain growth rate for certain segment owing to their low quality and affordability among consumers may negatively influence consumer behaviour towards branded original products from international companies thus hampering overall market growth rate over forecast timeframe mildly.. This can further impact exports revenue generated by renowned players operating globally offering high-end skin care solutions which could hinder industry expansion during forthcoming years despite increase in spending capacity due to an expanding middle class populace throughout Azerbaijan.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Azerbaijan Skin Care Market Overview |
3.1 Azerbaijan Country Macro Economic Indicators |
3.2 Azerbaijan Skin Care Market Revenues & Volume, 2019 & 2026F |
3.3 Azerbaijan Skin Care Market - Industry Life Cycle |
3.4 Azerbaijan Skin Care Market - Porter's Five Forces |
3.5 Azerbaijan Skin Care Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Azerbaijan Skin Care Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Azerbaijan Skin Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Azerbaijan Skin Care Market Trends |
6 Azerbaijan Skin Care Market, By Types |
6.1 Azerbaijan Skin Care Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Azerbaijan Skin Care Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Azerbaijan Skin Care Market Revenues & Volume, By Face Creams, 2016 - 2026F |
6.1.4 Azerbaijan Skin Care Market Revenues & Volume, By Body Lotions, 2016 - 2026F |
6.2 Azerbaijan Skin Care Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Azerbaijan Skin Care Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Azerbaijan Skin Care Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Azerbaijan Skin Care Market Import-Export Trade Statistics |
7.1 Azerbaijan Skin Care Market Export to Major Countries |
7.2 Azerbaijan Skin Care Market Imports from Major Countries |
8 Azerbaijan Skin Care Market Key Performance Indicators |
9 Azerbaijan Skin Care Market - Opportunity Assessment |
9.1 Azerbaijan Skin Care Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Azerbaijan Skin Care Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Azerbaijan Skin Care Market - Competitive Landscape |
10.1 Azerbaijan Skin Care Market Revenue Share, By Companies, 2019 |
10.2 Azerbaijan Skin Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |