Market Forecast by Countries (Brazil, Mexico, Argentina, and Rest of Latin America), By Product Types (Face Creams, Body Lotions), By Distribution Channel (Online, Offline), And by Competitive Landscape
Product Code: ETC058423 | Publication Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Latin America Skin Care Market is accomplishing growth since the sector has taken a crucial place in the lives of people in each Latin America country. In the continent, there is a rising demand for skincare products that are natural and organic. Consumers prefer products that are not harmful to the skin and the environment. The increasing demand for natural and organic skin care products is contributing to the Latin America Skin Care Market Growth. There is a rising demand for skin care products that are anti-aging owing to the rise in the aging population across the region. People are willing to invest in good quality products that offer good results in decreasing the signs of aging. E-commerce has become a crucial sales channel for skin care products across the region. Consumers purchase products online. There was a significant increase in the number of consumers purchasing skincare products online during the pandemic.
In Latin America, the men’s skincare market is also growing which is driven by the rising number of men becoming conscious about their appearance as well as skin health. Brands are constantly launching products specifically designed for men, including grooming, beard, and anti-aging products. People are concerned about the environmental impacts of their purchases and they are seeking sustainable and ethical skincare items. Market players that prioritize fair trade, cruelty-free, and sustainable practices are obtaining popularity in the Latin America Skin Care Industry.
The coronavirus pandemic had many major impacts on Skincare Market in Latin America. Fist major impact of the novel coronavirus pandemic on the market was a disruption in supply chains. The sector has been gaining growth as it is a key part of the Global Skin Care Market. Since numerous consumers, as well as distributors, confronted logistics challenges owing to lockdown, reduction transportation, and border closures, it resulted in delays in delivery time and a shortage of products. Growing focus on sanitation and hygiene led to a growth in demand for skin care products like hand creams and hand sanitizers. Brands offering such products gained significant growth in sales.
Several consumers turned to e-commerce platforms to buy skin care products as physical stores were closed or they were operating at reduced capacity. This led to a huge increase in online sales as well as the adoption of digital channels. Rising focus on health and wellness during the pandemic enabled consumers to buy skin care products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Skin Care Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Skin Care Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Skin Care Market - Industry Life Cycle |
3.4 Latin America Skin Care Market - Porter's Five Forces |
3.5 Latin America Skin Care Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Skin Care Market Revenues & Volume Share, By Product Types, 2020 & 2027F |
3.7 Latin America Skin Care Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Latin America Skin Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Skin Care Market Trends |
6 Latin America Skin Care Market, 2017 - 2027 |
6.1 Latin America Skin Care Market, Revenues & Volume, By Product Types, 2017 - 2027 |
6.2 Latin America Skin Care Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 Brazil Skin Care Market, 2017 - 2027 |
7.1 Brazil Skin Care Market, Revenues & Volume, By Product Types, 2017 - 2027 |
7.2 Brazil Skin Care Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Mexico Skin Care Market, 2017 - 2027 |
8.1 Mexico Skin Care Market, Revenues & Volume, By Product Types, 2017 - 2027 |
8.2 Mexico Skin Care Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Argentina Skin Care Market, 2017 - 2027 |
9.1 Argentina Skin Care Market, Revenues & Volume, By Product Types, 2017 - 2027 |
9.2 Argentina Skin Care Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Rest of Latin America Skin Care Market, 2017 - 2027 |
10.1 Rest of Latin America Skin Care Market, Revenues & Volume, By Product Types, 2017 - 2027 |
10.2 Rest of Latin America Skin Care Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Latin America Skin Care Market Key Performance Indicators |
12 Latin America Skin Care Market - Opportunity Assessment |
12.1 Latin America Skin Care Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Skin Care Market Opportunity Assessment, By Product Types, 2020 & 2027F |
12.3 Latin America Skin Care Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Latin America Skin Care Market - Competitive Landscape |
13.1 Latin America Skin Care Market Revenue Share, By Companies, 2020 |
13.2 Latin America Skin Care Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |