Market revenue in 2022 | USD 40.3 million |
Market revenue in 2030 | USD 60.4 million |
Growth rate | 5.2% (CAGR from 2022 to 2030) |
Largest segment | Women |
Fastest growing segment | Women |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Men, Women, Infant & Toddlers |
Key market players worldwide | Sam Villa, HairArt, Milano Collection Wigs, Giell, Genesis Display, La Rosa Holdings Corp |
Women was the largest segment with a revenue share of 63.52% in 2022. Horizon Databook has segmented the Latin America mannequin head market based on men, women, infant & toddlers covering the revenue growth of each sub-segment from 2017 to 2030.
The beauty and cosmetics industry in Central and South America has witnessed substantial growth in recent years, which can be attributed to various factors, such as changing consumer preferences, increased disposable income, and a growing emphasis on personal grooming and wellness. Consequently, the industry has seen a proliferation of beauty salons, makeup studios, and cosmetic brands operating in the region.
Mannequin heads are essential for makeup artists and hairstylists to showcase makeup products, wigs, and various hair accessories. They serve as test subjects for new cosmetics, hairstyles, and beauty treatments, ensuring that these products meet the high standards of the beauty industry.
They particularly play a significant role in advancing skills, promoting products, and driving creative innovation within the beauty industry, which thrives on constant reinvention and aesthetic evolution. As the beauty and cosmetics sector in Central and South America continues to expand, mannequin heads will continue to retain their status as essential tools for the beauty industry.
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