Brazil Skin Lightening Products Market Size & Outlook
Brazil skin lightening products market, 2018-2030 (US$M)
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Brazil skin lightening products market highlights
- The Brazil skin lightening products market generated a revenue of USD 540.1 million in 2023 and is expected to reach USD 703.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Cleanser is the most lucrative product segment registering the fastest growth during the forecast period.
Skin lightening products market data book summary
| Market revenue in 2023 | USD 540.1 million |
| Market revenue in 2030 | USD 703.6 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Cleanser |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Creams, Cleanser, Face Mask |
| Key market players worldwide | L'Oreal SA, Beiersdorf AG, Shiseido Co Ltd, Procter & Gamble Co, Unilever PLC, Kao Corp, Avon Products, Himalaya Global, Lotus Herbals, VLCC Healthcare |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.8% of the global skin lightening products market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil skin lightening products market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 703.6 million by 2030.
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Skin Lightening Products Market Scope
Skin Lightening Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil skin lightening products 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 skin lightening products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 52.75% in 2023. Horizon Databook has segmented the Brazil skin lightening products market based on creams, cleanser, face mask covering the revenue growth of each sub-segment from 2018 to 2030.
Almost 82% of facial skincare product users in Brazil prefer products with organic ingredients. However, product launches have not been attuned to the consumers’ demand patterns in the country. Instead, companies have focused on high-performance through new technologies and chemical ingredients rather than the use of innovative botanical ingredients.
The Brazil skin lightening products market is highly competitive. The origin of the products is a key factor influencing the consumers’ purchasing behavior. A majority of consumers in the country prefer international brands owing to their high quality, which results from advanced R&D and the inclusion of superior ingredients.
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Our clientele includes a mix of skin lightening products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil skin lightening products market , including forecasts for subscribers. This country databook contains high-level insights into Brazil skin lightening products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil skin lightening products market size, by product, 2018-2030 (US$M)
Brazil Skin Lightening Products Market Outlook Share, 2023 & 2030 (US$M)
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