Product Code: ETC5261885 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Cosmetic Products Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.81% in 2027, following an initial rate of 8.18%, before easing to 6.02% at the end of the period.
By 2027, the Cosmetic Products market in Bhutan is anticipated to reach a growth rate of 12.81%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The cosmetic products market in Bhutan is expanding, driven by a growing consumer base and increasing interest in personal grooming and skincare. The market encompasses a wide range of products, including skincare, haircare, makeup, and fragrances. Consumers are becoming more conscious of the ingredients in cosmetic products, leading to a preference for natural and organic formulations. The influence of global beauty trends and the availability of international brands are also contributing to the diversification and growth of the cosmetic products market in Bhutan.
The cosmetic products market in Bhutan is driven by the increasing disposable incomes and changing lifestyles, leading to higher spending on beauty and personal care products. The influence of global beauty trends and the growing availability of a wide range of cosmetic products, from skincare to makeup, contribute to the market`s growth. Furthermore, the rising awareness about grooming and self-care among both men and women supports the expansion of the cosmetic products market in Bhutan.
The Bhutan cosmetic products market faces several challenges, including limited access to high-quality raw materials and advanced manufacturing technologies. The high cost of importing ingredients and finished products makes it difficult for local manufacturers to compete with international brands. Additionally, there is a lack of innovation and limited investment in research and development, which affects the variety and quality of locally produced cosmetic products. Consumer awareness and demand for cosmetic products are also relatively low, as many individuals prioritize basic necessities over luxury items. Regulatory challenges and the absence of stringent quality standards further complicate the market landscape.
The overall cosmetic products market in Bhutan is expanding due to rising consumer demand for beauty and personal care items. Government policies aimed at supporting local entrepreneurs in the cosmetics industry and reducing import dependency play a crucial role in market growth. Regulations ensuring product safety and quality, as well as initiatives to promote natural and organic cosmetic products, further influence the market dynamics.
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 Bhutan Cosmetic Products Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Cosmetic Products Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Cosmetic Products Market - Industry Life Cycle |
3.4 Bhutan Cosmetic Products Market - Porter's Five Forces |
3.5 Bhutan Cosmetic Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bhutan Cosmetic Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bhutan Cosmetic Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Cosmetic Products Market Trends |
6 Bhutan Cosmetic Products Market Segmentations |
6.1 Bhutan Cosmetic Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Cosmetic Products Market Revenues & Volume, By Skin Care Products, 2021-2031F |
6.1.3 Bhutan Cosmetic Products Market Revenues & Volume, By Color Cosmetics, 2021-2031F |
6.1.4 Bhutan Cosmetic Products Market Revenues & Volume, By Hair Care Products, 2021-2031F |
6.1.5 Bhutan Cosmetic Products Market Revenues & Volume, By Fragrance And Deodorants, 2021-2031F |
6.1.6 Bhutan Cosmetic Products Market Revenues & Volume, By Sun Care Products, 2021-2031F |
6.1.7 Bhutan Cosmetic Products Market Revenues & Volume, By Soaps, Bath, & Shower Products, 2021-2031F |
6.1.9 Bhutan Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2021-2031F |
6.1.10 Bhutan Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2021-2031F |
6.2 Bhutan Cosmetic Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Cosmetic Products Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.2.3 Bhutan Cosmetic Products Market Revenues & Volume, By Pharmacy & Drug Stores, 2021-2031F |
6.2.4 Bhutan Cosmetic Products Market Revenues & Volume, By Department Stores, 2021-2031F |
6.2.5 Bhutan Cosmetic Products Market Revenues & Volume, By Direct Selling, 2021-2031F |
6.2.6 Bhutan Cosmetic Products Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.7 Bhutan Cosmetic Products Market Revenues & Volume, By Beauty Salons, 2021-2031F |
6.2.8 Bhutan Cosmetic Products Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Bhutan Cosmetic Products Market Revenues & Volume, By Others, 2021-2031F |
7 Bhutan Cosmetic Products Market Import-Export Trade Statistics |
7.1 Bhutan Cosmetic Products Market Export to Major Countries |
7.2 Bhutan Cosmetic Products Market Imports from Major Countries |
8 Bhutan Cosmetic Products Market Key Performance Indicators |
9 Bhutan Cosmetic Products Market - Opportunity Assessment |
9.1 Bhutan Cosmetic Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bhutan Cosmetic Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bhutan Cosmetic Products Market - Competitive Landscape |
10.1 Bhutan Cosmetic Products Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Cosmetic Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |