The Latin America beauty and personal care products market is expected to experience robust growth, with a projected increase of USD 61.2 billion and a compound annual growth rate (CAGR) of approximately 7.9% throughout the forecast period. In Latin America, the beauty and personal care market is benefiting from a rising consumer appetite for both affordable and luxury beauty products. The region’s strong cultural connection to beauty and grooming, particularly in Brazil and Mexico, drives consistent demand for hair care, skincare, and cosmetics. The growth of e-commerce platforms is further facilitating market expansion, offering convenience and access to global beauty brands. Additionally, increasing awareness of personal hygiene and wellness, spurred by the COVID-19 pandemic, has resulted in higher demand for hygiene and skincare products.
The report provides a comprehensive analysis of the Latin America beauty and personal care products industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, price range, consumer group, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the beauty and personal care products sector.
Market Segmentation
The segmentation of the Latin America beauty and personal care products market is outlined below:
Product type: bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, sun care products
Price range: mass, premium
Consumer group: baby/child, adult
Distribution channel: supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The Latin America beauty and personal care products market is categorized by product type, price range, consumer group, distribution channel and country. The market is classified by product type into bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, and sun care products. Price range segmentation includes mass, and premium. Consumer group segments cover baby/child, and adult. Distribution channel segmentation includes supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, and others. Geographically, the market is segmented into Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
The beauty and personal care products market is dominated by key players, including Natura & Co, Unilever PLC, L’Oreal S.A., Colgate-Palmolive Company, The Procter & Gamble Company (P&G), Grupo Boticario, Beiersdorf AG, Kenvue Inc., Coty Inc., Corporacion Belcorp, PUIG SL, Mary Kay Inc., Corporacion Yanbal International, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Genomma Lab Internacional SAB de CV, Kimberly-Clark Corporation, Betterware de Mexico S.A.P.I. de C.V. (JAFRA), Haleon plc, The Estee Lauder Companies Inc., Wella AG and Henkel AG & Co. KGaA.
This report presents an extensive analysis of major entities in the beauty and personal care products market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America beauty and personal care products market.
Gain in-depth analysis and forecasts for the key segments of the Latin America beauty and personal care products market: product type, price range, consumer group, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America beauty and personal care products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America beauty and personal care products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latin America Beauty and Personal Care Products Market – Product Type Analysis
Latin America Beauty and Personal Care Products Market – Price Range Analysis
Latin America Beauty and Personal Care Products Market – Consumer Group Analysis
Latin America Beauty and Personal Care Products Market – Distribution Channel Analysis
Latin America Beauty and Personal Care Products Market – Country Analysis
Key Players and Market Share
– Natura & Co
– Unilever PLC
– L’Oreal S.A.
– Colgate-Palmolive Company
– The Procter & Gamble Company (P&G)
– Grupo Boticario
– Beiersdorf AG
– Kenvue Inc.
– Coty Inc.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latin America Beauty and Personal Care Products Market 2019-2029
Chart Latin America Beauty and Personal Care Products Market, Net Growth, 2019-2029
Chart Latin America Beauty and Personal Care Products Market, Growth Rates, 2019-2029
Table Latin America Beauty and Personal Care Products Market by Product Type, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Product Type, 2019-2029
Table Latin America Beauty and Personal Care Products Market by Price Range, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Price Range, 2019-2029
Table Latin America Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Consumer Group, CAGR Historic and Forecast, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Table Latin America Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Table Latin America Beauty and Personal Care Products Market by Country, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Beauty and Personal Care Products Market by Country, 2019-2029
Table Latin America Beauty and Personal Care Products Market Share (%), by Companies, 2019-2023
Chart Latin America Beauty and Personal Care Products Market, by Companies, 2023
Table Latin America Beauty and Personal Care Products Market Share (%), by Brands, 2019-2023
Chart Latin America Beauty and Personal Care Products 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 Beauty and Personal Care Products Market: Spend as a Proportion of GDP (%)
Table Latin America Beauty and Personal Care Products Market: Consumption per Capita (Population)
Companies Mentioned
Natura & Co
Unilever PLC
L’Oreal S.A.
Colgate-Palmolive Company
The Procter & Gamble Company (P&G)
Grupo Boticario
Beiersdorf AG
Kenvue Inc.
Coty Inc.
Corporacion Belcorp
PUIG SL
Mary Kay Inc.
Corporacion Yanbal International
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Genomma Lab Internacional SAB de CV
Kimberly-Clark Corporation
Betterware de Mexico, S.A.P.I. de C.V. (JAFRA)
Haleon plc
The Estee Lauder Companies Inc.
Wella AG
Henkel AG & Co. KGaA