Latin America Luxury Hair Care Market Size & Outlook
Latin America luxury hair care market, 2018-2030 (US$M)
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Latin America luxury hair care market highlights
- The Latin America luxury hair care market generated a revenue of USD 2,347.9 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, shampoos was the largest revenue generating product in 2023.
- Hair Coloring Products 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,347.9 million |
| Market revenue in 2030 | USD 4,724.6 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Shampoos |
| Fastest growing segment | Hair Coloring Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shampoos, Conditioners, Hair Coloring Products, Hair Styling Products, Hair Oil |
| Key market players worldwide | L'Oreal SA, The Estee Lauder Companies Inc Class A, Kaneka Corp, Kao Corp, KOSE Corp, Seven Haircare, Alcora Corporation, Jose Eber Hair, Philip Kingsley, Kevin Murphy |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.2% of the global luxury hair care market in 2023.
- Globally, North America 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 9,300.2 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America luxury hair care 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 luxury hair care market will help companies and investors design strategic landscapes.
Shampoos was the largest segment with a revenue share of 32.26% in 2023. Horizon Databook has segmented the Latin America luxury hair care market based on shampoos, conditioners, hair coloring products, hair styling products, hair oil covering the revenue growth of each sub-segment from 2018 to 2030.
All major countries in Central and South America, including Brazil, are witnessing an increase in per capita consumption of beauty and personal care products, a trend expected to drive the market.
Increased awareness of lifestyle changes and investments in luxury hair care products among both men and women has accelerated market growth. Furthermore, as disposable incomes rise in Brazil, individuals managing demanding work schedules seek premium self-care solutions.
This economic upswing is poised to significantly boost the luxury hair care market, providing relief to consumers who prioritize indulgent grooming experiences, thus driving demand for high-end hair care products.
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Target buyers of Latin America luxury hair care market databook
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Our clientele includes a mix of luxury hair care 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 continent-level data and insights on the Latin America luxury hair care market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America luxury hair care market size, by country, 2018-2030 (US$M)
Latin America Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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