Latin America Facial Cleansing Balm Market Size & Outlook
The facial cleansing balm market in Latin America is expected to reach a projected revenue of US$ 70.8 million by 2030. A compound annual growth rate of 10.7% is expected of Latin America facial cleansing balm market from 2024 to 2030.
Revenue, 2023 (US$M)
$34.7
Forecast, 2030 (US$M)
$70.8
CAGR, 2024 - 2030
10.7%
Report Coverage
Latin America
Latin America facial cleansing balm market, 2018-2030 (US$M)
Latin America facial cleansing balm market highlights
- The Latin America facial cleansing balm market generated a revenue of USD 34.7 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, men was the largest revenue generating gender in 2023.
- Men is the most lucrative gender segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 34.7 million |
| Market revenue in 2030 | USD 70.8 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Men |
| Fastest growing segment | Men |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Men |
| Key market players worldwide | Kao Corp, Shiseido Co Ltd, Procter & Gamble Co, L'Occitane International SA, E.l.f. Beauty Inc, L'Oreal SA, Charlotte Tilbury Beauty, AMOREPACIFIC, The Estee Lauder Companies Inc Class A, Unilever PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.8% of the global facial cleansing balm market in 2023.
- 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 440.5 million by 2030.
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Facial Cleansing Balm Market Scope
Facial cleansing balm market segmentation & scope
Age Group
Teenagers (Ages 13-19)
Young Adults (Ages 20-30)
Adults (Ages 31-50)
Mature Adults (Age 51 & Above)
Type
Hypermarkets & Supermarkets
Specialty Stores
Pharmacies & Drugstores
Online
Others
Facial Cleansing Balm Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America facial cleansing balm market
Related regional statistics
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