Brazil Cosmetics Market Size & Outlook, 2023-2030
Brazil cosmetics market, 2018-2030 (US$M)
Related Markets
Brazil cosmetics market highlights
- The Brazil cosmetics market generated a revenue of USD 4,655.2 million in 2023 and is expected to reach USD 6,577.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2023.
- Hair Care is the most lucrative product segment registering the fastest growth during the forecast period.
Cosmetics market data book summary
| Market revenue in 2023 | USD 4,655.2 million |
| Market revenue in 2030 | USD 6,577.7 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care, Hair Care, Makeup, Fragrance |
| Key market players worldwide | Coty Inc Class A, L'Oreal SA, The Estee Lauder Companies Inc Class A, Revlon, Avon Products, Unilever PLC, Seven & i Holdings Co Ltd, Godrej, Procter & Gamble Co, Beiersdorf AG, Henkel AG & Co KGaA, Kao Corp, Mizuno Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global cosmetics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,577.7 million by 2030.
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Cosmetics Market Scope
Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil cosmetics 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 cosmetics market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 42.56% in 2023. Horizon Databook has segmented the Brazil cosmetics market based on skin care, hair care, makeup, fragrance covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in the country have shown a preference for cosmetics that are local, prioritize skinfriendliness, and are crafted through eco-friendly methods. Brazil-based Natura Cosméticos, for instance, offers a diverse range of beauty products.
The brand takes pride in creating sustainable, ecofriendly products that utilize the rich biodiversity of South America. It offers an extensive range of skincare, haircare, makeup, and fragrance products. Each product is made from natural ingredients and ethical sourcing, adhering to the brand's commitment to the environment and societal responsibility.
According to Sebrae, a Brazilian organization that focuses on the research, development, and promotion of small enterprises, the men's cosmetics market in Brazil has witnessed significant growth over the last few years.
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Target buyers of Brazil cosmetics market databook
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Our clientele includes a mix of cosmetics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cosmetics market size, by product, 2018-2030 (US$M)
Brazil Cosmetics Market Outlook Share, 2023 & 2030 (US$M)
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