Latin America Facial Cleansing Balm Market Size & Outlook

The facial cleansing balm market in Latin America is expected to reach a projected revenue of US$ 70.8 million by 2030. A compound annual growth rate of 10.9% is expected of Latin America facial cleansing balm market from 2025 to 2030.
Revenue, 2024 (US$M)
$38.3
Forecast, 2030 (US$M)
$70.8
CAGR, 2025 - 2030
10.9%
Report Coverage
Latin America

Latin America facial cleansing balm market highlights

  • The Latin America facial cleansing balm market generated a revenue of USD 34.8 million in 2023.
  • The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
  • In terms of segment, women was the largest revenue generating gender in 2023.
  • Men is the most lucrative gender segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 34.8 million
Market revenue in 2030USD 70.8 million
Growth rate10.8% (CAGR from 2024 to 2030)
Largest segmentWomen
Fastest growing segmentMen
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMen, Women
Key market players worldwideKao Corp, Shiseido Co Ltd, Procter & Gamble Co, L'Occitane International SA, E.l.f. Beauty Inc, L'Oreal SA, Charlotte Tilbury Beauty, AMOREPACIFIC, The Estee Lauder Companies Inc Class A, Unilever PLC

Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.9% of the global facial cleansing balm market in 2023.
  • 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 440.4 million by 2030.

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Facial Cleansing Balm Market Companies

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Latin America facial cleansing balm market size, by country, 2018-2030 (US$M)

Latin America Facial Cleansing Balm Market Outlook Share, 2024 & 2030 (US$M)

Latin America facial cleansing balm market size, by country, 2018-2030 (US$M)

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