The body care in Latin America market size is projected to grow by USD 3.4 billion from 2024 to 2029, registering a CAGR of 7.9 percent, according to the latest market data. The region’s youthful demographic is fueling demand for body care products that offer multifunctional benefits, such as moisturizing and sun protection, catering to the diverse climate conditions. Additionally, economic recovery in key markets like Brazil and Mexico is boosting consumer spending power, leading to greater adoption of premium body care products. The influence of global beauty trends, combined with a rising preference for natural and organic ingredients, is further propelling market growth across the region.
The report offers a comprehensive evaluation of the Latin America body care market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, pricing, distribution channel, and country. This comprehensive evaluation aids in identifying the growth potential within the body care industry.
Market Segmentation
The body care market in Latin America is classified into the following segments:
Product: firming body care, general purpose
Pricing: mass, premium
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America body care market is segmented on the basis of product, pricing, distribution channel, and country. By product, the body care market in Latin America has been segmented into firming body care, and general purpose. Based upon pricing, the body care market in Latin America is categorized into mass, and premium. On the basis of distribution channel, the body care market in Latin America has been segmented into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, and others. Geographically, the body care market in Latin America is also segmented into Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
The Latin America body care market is highly competitive. The prominent players operating in the Latin America body care market include Beiersdorf AG, Betterware de Mexico S.A.P.I. de C.V. (JAFRA), Colgate-Palmolive Company, Corporacion Belcorp, Corporacion Yanbal International, Coty Inc., Cria Sim Produtos de Higiene Ltda., Galderma S.A., Genomma Lab Internacional SAB de CV, Grisi Hnos. S.A de C.V., Grunenthal GmbH, Grupo Boticario, Grupo Omnilife S.A. de C.V., Grupo Silvio Santos, Haleon plc, House of Fuller S. de R.L. de C.V., Hypera S.A., Inversiones Cosmeticas Ltda, ISDIN. S.A., Kao Corporation, Kenvue Inc., Laboratorio Durandin S.A.I, Laboratorios Bago S.A., L’Occitane International S.A., L’Oreal S.A., Mary Kay Inc., Natura & Co, Oriflame Cosmetics S.A., Pierre Fabre S.A., Unilever PLC, Yves Rocher sa.
The report presents a detailed analysis of the Latin America body care market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America body care market.
Gain deep insights into the dynamics of the Latin America body care market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America body care market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewLatin America body care market – product analysis
Latin America body care market – pricing analysis
Latin America body care market – distribution channel analysis
Latin America body care market – country analysis
Key players and market share
– Beiersdorf AG
– Betterware de Mexico, S.A.P.I. de C.V. (JAFRA)
– Colgate-Palmolive Company
– Corporacion Belcorp
– Corporacion Yanbal International
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Latin America body care market 2019-2029
Chart Latin America body care market, net growth, 2019-2029
Chart Latin America body care market, growth rates, 2019-2029
Table Latin America body care market by product, 2019-2029
Chart Latin America body care market by product, CAGR historic and forecast, 2019-2029
Chart Latin America body care market by product, 2019-2029
Table Latin America body care market by pricing, 2019-2029
Chart Latin America body care market by pricing, CAGR historic and forecast, 2019-2029
Chart Latin America body care market by pricing, 2019-2029
Table Latin America body care market by distribution channel, 2019-2029
Chart Latin America body care market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latin America body care market by distribution channel, 2019-2029
Table Latin America body care market by country, 2019-2029
Chart Latin America body care market by country, CAGR historic and forecast, 2019-2029
Chart Latin America body care market by country, 2019-2029
Table Latin America body care market share (%), by companies, 2019-2023
Chart Latin America body care market, by companies, 2023
Table Latin America body care market share (%), by brands, 2019-2023
Chart Latin America body care market, by brands, 2023
Table Latin America – population (millions) and forecast
Table Latin America – consumer price index (CPI) and forecast
Table Latin America – gross domestic product and forecast
Table Latin America body care market: spend as a proportion of GDP (%)
Table Latin America body care market: consumption per capita (population)