Latin America Organic Personal Care Market Size & Outlook
Latin America organic personal care market, 2017-2030 (US$M)
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Latin America organic personal care market highlights
- The Latin America organic personal care market generated a revenue of USD 1,057.8 million in 2022.
- The market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Oral Care 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,057.8 million |
| Market revenue in 2030 | USD 1,974.6 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Oral Care |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care, Hair Care, Oral Care |
| Key market players worldwide | The Estee Lauder Companies Inc Class A, Clorox Co, The Hain Celestial Group Inc, Amway Malaysia Holdings, Natura &Co Holding SA ADR, Bare Escentuals, Arbonne International, Neutrogena, Yves Rocher |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global organic personal care market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 11,703.7 million by 2030.
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Organic Personal Care Market Scope
Organic Personal Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America organic personal 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 organic personal care market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 50.27% in 2022. Horizon Databook has segmented the Latin America organic personal care market based on skin care, hair care, oral care covering the revenue growth of each sub-segment from 2017 to 2030.
Consumers across the region have shown a growing interest in organic cosmetics and personal care products. Fragrances, hair care, hygiene, makeup, and skin protection products made from plant-based ingredients are some of the most highly positioned variants in the minds of consumers with high purchasing power.
Furthermore, an increasing number of millennials in the region are willing to pay a higher price for premium products, mostly in the hair care section, particularly those that contain new organic ingredients targeting different hair care needs.
Conditioners and protecting agents are among the most sought-after premium and organic hair care products. Such trends are driving the organic personal care market in the region.
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Our clientele includes a mix of organic personal care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 organic personal care market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America organic personal care market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America organic personal care market size, by country, 2017-2030 (US$M)
Latin America Organic Personal Care Market Outlook Share, 2022 & 2030 (US$M)
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