Product Code: ETC010456 | 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 | |
Ghana Skin Care market currently, in 2023, has witnessed an HHI of 1968, Which has decreased slightly as compared to the HHI of 2415 in 2017. The market is moving towards moderately 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 Ghana skin care market is expected to reach USD 59.5 million by 2026, growing at a CAGR of 5.6% during the forecast period of 2020-2026. The increasing awareness about skin care products and their benefits among young population are some of the factors driving the growth in this market. Also, rising disposable income levels across the country has enabled people to invest more in personal care items including skin care products such as exfoliators, cleansers and moisturizers etc., which is further boosting the demand for these kinds of items in Ghanaian markets. Additionally, an increased focus on organic skincare solutions due to changing consumer preferences towards natural ingredients will also support market growth during assessment years.
On the other hand, high cost related with premium branded beauty products coupled with lack of availability can act as restraining factor over next few years in Ghana Skin Care Market size & share analysis. In addition, regular changes in fashion trends and uncertain economic conditions are likely to limit its revenue potential during projected timeline.
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 Ghana Skin Care Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Skin Care Market Revenues & Volume, 2019 & 2026F |
3.3 Ghana Skin Care Market - Industry Life Cycle |
3.4 Ghana Skin Care Market - Porter's Five Forces |
3.5 Ghana Skin Care Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Ghana Skin Care Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Ghana Skin Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Skin Care Market Trends |
6 Ghana Skin Care Market, By Types |
6.1 Ghana Skin Care Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Ghana Skin Care Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Ghana Skin Care Market Revenues & Volume, By Face Creams, 2016 - 2026F |
6.1.4 Ghana Skin Care Market Revenues & Volume, By Body Lotions, 2016 - 2026F |
6.2 Ghana Skin Care Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Ghana Skin Care Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Ghana Skin Care Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Ghana Skin Care Market Import-Export Trade Statistics |
7.1 Ghana Skin Care Market Export to Major Countries |
7.2 Ghana Skin Care Market Imports from Major Countries |
8 Ghana Skin Care Market Key Performance Indicators |
9 Ghana Skin Care Market - Opportunity Assessment |
9.1 Ghana Skin Care Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Ghana Skin Care Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Ghana Skin Care Market - Competitive Landscape |
10.1 Ghana Skin Care Market Revenue Share, By Companies, 2019 |
10.2 Ghana Skin Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |