12 Things You Don’t Know About The Cosmetics Industry In Africa

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Written by Peter Pedroncelli
Africa and the Middle East is 3% of the global cosmetics market. Photo: CNN

Three percent of the global market

The global cosmetics market is dominated by Asia Pacific, with 36.2% of the market, as well as North America and Western Europe with 24% and 20.2% respectively, while Africa and the Middle East only account for 3% at the moment, setting the region out as a big potential for growth.