Singapore’s Black Beauty Market is growing steadily with a projected CAGR of 12.9% due to its status as a multicultural, global trade hub. Drivers include a small but visible expat population and strong beauty import infrastructure. However, limited local market understanding of Afro-centric beauty needs and low product visibility are constraints. Key opportunities exist in luxury skincare and salon-grade haircare for curly textures. The trend in Singapore leans toward scientifically backed skincare with clean ingredients, and there's increasing consumer openness to niche brands that promote skin health, hyperpigmentation correction, and textured hair maintenance.
TABLE - Singapore Black Beauty Market Size & Forecast By Product Type 2021-2033
Product Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Haircare | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Skincare | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Cosmetics | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Grooming Tools | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Beauty Services | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis