Latin America Premium Hair Care Market Size & Outlook
Latin America premium hair care market, 2016-2028 (US$M)
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Latin America premium hair care market highlights
- The Latin America premium hair care market generated a revenue of USD 1,144.3 million in 2020.
- The market is expected to grow at a CAGR of 4.7% from 2021 to 2028.
- In terms of segment, shampoo was the largest revenue generating product in 2020.
- Dry Shampoo 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 1,144.3 million |
| Market revenue in 2028 | USD 1,652.2 million |
| Growth rate | 4.7% (CAGR from 2020 to 2028) |
| Largest segment | Shampoo |
| Fastest growing segment | Dry Shampoo |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shampoo, Dry Shampoo, Hair Color, Conditioner, Hair Styling Products, Hair Oil |
| Key market players worldwide | Procter & Gamble Co, L'Oreal SA, The Estee Lauder Companies Inc Class A, Johnson & Johnson, Unilever PLC, Beiersdorf AG, Kao Corp, Coty Inc Class A, Aveda, Alcora Corporation, John Masters Organics, OUAI, Living Proof |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global premium hair care market in 2020.
- Globally, Asia Pacific 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 12,687.7 million by 2028.
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Premium Hair Care Market Scope
Premium Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America premium 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 premium hair care market will help companies and investors design strategic landscapes.
Shampoo was the largest segment with a revenue share of 29.21% in 2020. Horizon Databook has segmented the Latin America premium hair care market based on shampoo, dry shampoo, hair color, conditioner, hair styling products, hair oil covering the revenue growth of each sub-segment from 2016 to 2028.
Central & South America is one of the most rapidly developing markets for cosmetic and personal care products globally owing to the rising demand from countries such as Brazil, Chile, and Argentina. According to a report by Informa PLC in 2019, close to 75% of the people in Central and South America considered hair regime an important part of their lifestyle.
Factors such as changing consumer lifestyle and increasing number of working women are expected to fuel the demand for premium hair care over the forecast period. In addition, the growing disposable income of consumers is expected to drive the regional market.
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Our clientele includes a mix of premium hair care 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 premium hair care market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America premium hair care market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America premium hair care market size, by country, 2016-2028 (US$M)
Latin America Premium Hair Care Market Outlook Share, 2020 & 2028 (US$M)
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