Latin America Professional Beauty Services Market Size & Outlook
The professional beauty services market in Latin America is expected to reach a projected revenue of US$ 28.1 million by 2030. A compound annual growth rate of 7.8% is expected of Latin America professional beauty services market from 2024 to 2030.
Revenue, 2023 (US$M)
$16.6
Forecast, 2030 (US$M)
$28.1
CAGR, 2024 - 2030
7.8%
Report Coverage
Latin America
Latin America professional beauty services market, 2018-2030 (US$M)
Latin America professional beauty services market highlights
- The Latin America professional beauty services market generated a revenue of USD 16.6 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, skin care was the largest revenue generating service in 2023.
- Skin Care is the most lucrative service segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 16.6 million |
| Market revenue in 2030 | USD 28.1 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Skin Care |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care |
| Key market players worldwide | Regis Corp, TONI&GUY Hairdressing, Franck Provost, Sally Beauty Holdings Inc, Coty Inc Class A, L'Oreal SA, Ulta Beauty Inc, Fantastic Sams Franchise |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global professional beauty services 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 163.1 million by 2030.
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Professional Beauty Services Market Scope
Professional beauty services market segmentation & scope
Make-up
Waxing/Hair-removal
Others
Hair Care
Hair Cut and Styling
Hair Coloring and Highlights
Hair Spa
Others
Nail Care
Manicure
Pedicure
Fiberglass & Silk Wraps
UV Gel Overlays & Extensions
Acrylic Overlays & Extensions
Massage and Spa Services
End Use
Men
Women
Countries
U.S.
Canada
Mexico
Denmark
Germany
France
Italy
UK
Spain
Norway
Sweden
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait
Professional Beauty Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America professional beauty services market
Related regional statistics
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