Latin America Beauty And Personal Care Products Market Size & Outlook
Latin America beauty and personal care products market, 2016-2030 (US$M)
Related Markets
Latin America beauty and personal care products market highlights
- The Latin America beauty and personal care products market generated a revenue of USD 30.5 million in 2022.
- The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 30.5 million |
| Market revenue in 2030 | USD 47.4 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Color cometics |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin care, Hair care, Color cometics, Fragrances |
| Key market players worldwide | Unilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.9% of the global beauty and personal care products market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 396.3 million by 2030.
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Beauty And Personal Care Products Market Scope
Beauty And Personal Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America beauty and personal care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beauty and personal care products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 36.39% in 2022. Horizon Databook has segmented the Latin America beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.
There is an increasing regional demand for all-natural, safe, and clean formulations in beauty and personal care products, driven by consumers' growing awareness and preference for eco-friendly and health-conscious options.
Local brands in the region are gaining popularity by providing a wide variety of innovative personal beauty and care products made from natural and plant-based ingredients. For instance, TSU Cosméticos, a popular beauty brand based in Argentina, is well-known for its extensive product range.
TSU Cosméticos' mission revolves around encouraging self-expression and creativity, evident in their diverse offerings. The skincare line, featuring indigenous ingredients such as argan oil and aloe vera, enjoys immense popularity among its clientele.
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Target buyers of Latin America beauty and personal care products market databook
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Our clientele includes a mix of beauty and personal care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America beauty and personal care products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America beauty and personal care products market size, by country, 2016-2030 (US$M)
Latin America Beauty And Personal Care Products Market Outlook Share, 2022 & 2030 (US$M)
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