Latin America Beauty And Personal Care Products Market Size & Outlook

The beauty and personal care products market in Latin America is expected to reach a projected revenue of US$ 47.4 million by 2030. A compound annual growth rate of 5.7% is expected of Latin America beauty and personal care products market from 2023 to 2030.
Revenue, 2022 (US$M)
$30.5
Forecast, 2030 (US$M)
$47.4
CAGR, 2023 - 2030
5.7%
Report Coverage
Latin America

Latin America beauty and personal care products market highlights

  • The Latin America beauty and personal care products market generated a revenue of USD 30.5 million in 2022.
  • The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
  • In terms of segment, skin care was the largest revenue generating product in 2022.
  • Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 30.5 million
Market revenue in 2030USD 47.4 million
Growth rate5.7% (CAGR from 2022 to 2030)
Largest segmentSkin care
Fastest growing segmentColor cometics
Historical data covered2016 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSkin care, Hair care, Color cometics, Fragrances
Key market players worldwideUnilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.9% of the global beauty and personal care products market in 2022.
  • 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 396.3 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Beauty And Personal Care Products Market Scope

Beauty and personal care products market segmentation & scope
Skin care
Hair care
Color cometics
Fragrances
Others
Hypermarkets and Supermarkets
Specialty Stores
E-Commerce
Others
Conventional
Organic

Beauty And Personal Care Products Market Companies

Name Profile # Employees HQ Website

Latin America beauty and personal care 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 beauty and personal care products market will help companies and investors design strategic landscapes.


Skin care was the largest segment with a revenue share of 36.39% in 2022. Horizon Databook has segmented the Latin America beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.


There is an increasing regional demand for all-natural, safe, and clean formulations in beauty and personal care products, driven by consumers' growing awareness and preference for eco-friendly and health-conscious options.

Local brands in the region are gaining popularity by providing a wide variety of innovative personal beauty and care products made from natural and plant-based ingredients. For instance, TSU Cosméticos, a popular beauty brand based in Argentina, is well-known for its extensive product range.

TSU Cosméticos' mission revolves around encouraging self-expression and creativity, evident in their diverse offerings. The skincare line, featuring indigenous ingredients such as argan oil and aloe vera, enjoys immense popularity among its clientele.

Reasons to subscribe to Latin America beauty and personal care products market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America beauty and personal care products market databook

  • Our clientele includes a mix of beauty and personal care products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America beauty and personal care products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Latin America beauty and personal care products market size, by country, 2016-2030 (US$M)

Latin America Beauty And Personal Care Products Market Outlook Share, 2022 & 2030 (US$M)

Latin America beauty and personal care products market size, by country, 2016-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more