Latin America Dna-based Skin Care Products Market Size & Outlook
Latin America dna-based skin care products market, 2016-2028 (US$M)
Related Markets
Latin America dna-based skin care products market highlights
- The Latin America dna-based skin care products market generated a revenue of USD 439.9 million in 2020.
- The market is expected to grow at a CAGR of 4.9% from 2021 to 2028.
- In terms of segment, creams was the largest revenue generating product in 2020.
- Serums 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 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 439.9 million |
| Market revenue in 2028 | USD 646.5 million |
| Growth rate | 4.9% (CAGR from 2020 to 2028) |
| Largest segment | Creams |
| Fastest growing segment | Serums |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Creams, Serums |
| Key market players worldwide | The Beauty Health Co Ordinary Shares - Class A, Imagene Labs, EpigenCare, ALLÉL, SkinDNA Clinics, Skinshift, LifeNome Inc. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.5% of the global dna-based skin care products market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,087.9 million by 2028.
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DNA-based Skin Care Products Market Scope
DNA-based Skin Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America dna-based skin 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 dna-based skin care products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 52.88% in 2020. Horizon Databook has segmented the Latin America dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
All major countries in this region, including Brazil and Mexico, have been experiencing a rise in the per capita consumption of skincare. The growing trend of personal care and healthy skin among women as well as men is expected to positively impact the DNA-based skincare products market during the forecast period.
Moreover, many renowned brands are also investing in personalized and customized skincare products, which is likely to favor science-driven skincare products. Many brands in the region have been developing a customized skincare regime through various methods such as questionnaire, Q&A rounds, e-consultations, and through DNA-testing.
For instance, Geologie is a customized skincare brand in the region which offers a set of Q&As for every individual, wherein the questions vary from age, gender, concerns, meal concerns, skin texture, and skin conditions to decipher the individual’s skin care regime according to the Q&A analysis.
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Our clientele includes a mix of dna-based skin care products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America dna-based skin care products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America dna-based skin care products size, by country, 2016-2028 (US$M)
Latin America DNA-based Skin Care Products Market Outlook Share, 2020 & 2028 (US$M)
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