Latin America Skin Care Products Market 2024

$1,275.00

Description

According to the latest estimates, the skin care products market in Latin America is set to achieve an incremental growth of USD 8.8 billion, accelerating at a CAGR of almost 8.5% during the forecast period 2024-2029. The growing middle class, characterized by higher disposable incomes, is driving substantial expenditure on premium and luxury skincare products. Additionally, urbanization is playing a crucial role, with an increasing number of people moving to cities and embracing modern lifestyles that emphasize personal grooming and skincare. This shift has spurred greater demand for a diverse array of skincare products tailored to different skin types and concerns.

Enhanced access to information through the internet and social media has made consumers more knowledgeable about skincare. This increased awareness is resulting in more discerning purchasing decisions and a stronger preference for products with proven efficacy. The impact of social media and key opinion leaders (KOLs) or influencers is particularly significant in this context. Endorsements and reviews by well-known personalities can dramatically boost the visibility and sales of skincare products.

The report delivers an in-depth analysis of the Latin America skin care products industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, price range, key pack material, distribution channel, and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the skin care products market.

Market Segmentation

The following outlines the segmentation of the skin care products market in Latin America:
Product: body care (anti-cellulite and firming, general purpose), depilatories, facial care (acne treatments, cleansing wipes, face masks, face toners, face wash & cleansers, lip care products, moisturizers & treatments), hand care, others (make-up removers, skincare sets)
Price range: prestige product, mass product
Key pack material: flexible packaging, glass, metal, paper & board, rigid plastics
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 skin care products market is segmented on the basis of product, price range, key pack material, distribution channel, and country. By product, the skin care products market in Latin America has been segmented into body care (anti-cellulite and firming, general purpose), depilatories, facial care (acne treatments, cleansing wipes, face masks, face toners, face wash & cleansers, lip care products, moisturizers & treatments), hand care, and others (make-up removers, skincare sets). Based upon price range, the skin care products market in Latin America is categorized into prestige product, and mass product. On the basis of key pack material, the skin care products market in Latin America has been segmented into flexible packaging, glass, metal, paper & board, and rigid plastics. By distribution channel, the skin care products 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. In terms of geographical distribution, the skin care products market in Latin America has been divided into Argentina, Brazil, Chile, Colombia, Mexico, and others.

Competitive Landscape

The Latin America skin care products market is highly competitive. Some of the leading companies operating in the market are Natura & Co, L’Oreal S.A., Beiersdorf AG, Grupo Boticario, Unilever PLC, Kenvue Inc., Mary Kay Inc., Genomma Lab Internacional SAB de CV, Corporacion Belcorp, Coty Inc., Pierre Fabre S.A., The Estee Lauder Companies Inc., Corporacion Yanbal International, Grisi Hnos. S.A de C.V., Betterware de Mexico S.A.P.I. de C.V. (JAFRA), Galderma S.A., Grupo Omnilife S.A. de C.V., Haleon plc, Hypera S.A., Oriflame Cosmetics S.A., Clarins SA, L’Occitane International S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Colgate-Palmolive Company, Arabela S.A. de C.V., Kao Corporation, The Procter & Gamble Company (P&G).

This report delivers an in-depth breakdown of key players within the Latin America skin care products market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Latin America skin care products market.
Gain deep insights into the dynamics of the Latin America skin care products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America skin care products 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 skin care products market – product analysis
Latin America skin care products market – price range analysis
Latin America skin care products market – key pack material analysis
Latin America skin care products market – distribution channel analysis
Latin America skin care products market – country analysis
Key players and market share
– Natura & Co
– L’Oreal S.A.
– Beiersdorf AG
– Grupo Boticario
– Unilever PLC
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Latin America skin care products market 2019-2029
Chart Latin America skin care products market, net growth, 2019-2029
Chart Latin America skin care products market, growth rates, 2019-2029
Table Latin America skin care products market by product, 2019-2029
Chart Latin America skin care products market by product, CAGR historic and forecast, 2019-2029
Chart Latin America skin care products market by product, 2019-2029
Table Latin America skin care products market by price range, 2019-2029
Chart Latin America skin care products market by price range, CAGR historic and forecast, 2019-2029
Chart Latin America skin care products market by price range, 2019-2029
Table Latin America skin care products market by key pack material, 2019-2029
Chart Latin America skin care products market by key pack material, CAGR historic and forecast, 2019-2029
Chart Latin America skin care products market by key pack material, 2019-2029
Table Latin America skin care products market by distribution channel, 2019-2029
Chart Latin America skin care products market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Latin America skin care products market by distribution channel, 2019-2029
Table Latin America skin care products market by country, 2019-2029
Chart Latin America skin care products market by country, CAGR historic and forecast, 2019-2029
Chart Latin America skin care products market by country, 2019-2029
Table Latin America skin care products market share (%), by companies, 2019-2023
Chart Latin America skin care products market, by companies, 2023
Table Latin America skin care products market share (%), by brands, 2019-2023
Chart Latin America skin 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 skin care products market: spend as a proportion of GDP (%)
Table Latin America skin care products market: consumption per capita (population)

Additional information

Product Type

Industry Statistics
Region

Latin America
Published Date

2024

Download a FREE Sample

Frequently Asked Questions
What forms of payment do you accept?

StrategyHelix offers a secure credit card payment process. For online orders we accept any major credit card and Paypal.

StrategyHelix does not have access to your credit card information, and our site security is verified by Cybersource. Please be assured that your privacy and the protection of your personal information are critical to StrategyHelix.

How long does the delivery take?

Items purchased for online delivery are normally delivered with in 8 business hours.

Does StrategyHelix offer a discount for nonprofits?

StrategyHelix is happy to offer nonprofit organizations a discount. Get in touch through our contact form to get started.

Is there a discount for multiple purchases?

Discounts are available when purchasing 2+ reports. For more information, get in touch and we can explain these with you directly.

What is the report format?

All reports are available in PDF and Excel formats.

What is your refund policy?

Due to the nature of our digital products we do not issue refunds once the order is completed. As a customer you are responsible for understanding this upon purchasing any item at our site. Please be sure to read all available information about a report before you place your order.

Request Free Sample Report

The free sample report includes examples of all the tables, charts, infographics, and topics included in this study. Please fill out our form and we will get back to you.